French liner giant CMA CGM is returning to Jiangnan Shipyard and Hudong-Zhonghua Shipbuilding for a series of LNG-fuelled, 13,000-teu containership newbuildings in a deal worth $1.74bn.
CMA CGM is in advanced talks with the two Shanghai-based yards — both controlled by China State Shipbuilding Corp (CSSC) — according to shipbuilding sources.
Sources said it has agreed deals with each of China’s state-owned yards for three firm vessels plus options for three more.
