Home / Shipping / Aviation/ CMA CGM to build world’s largest container ships at Chinese yards: China Daily

CMA CGM to build world’s largest container ships at Chinese yards: China Daily

Comments / {{hitsCtrl.values.hits}} Views / Monday, 28 August 2017 00:07

SHANGHAI (Reuters): French shipping group CMA CGM plans to build nine of the world’s largest container ships at two Chinese shipyards, the China Daily newspaper reported.


Shanghai Waigaoqiao Shipbuilding Co confirmed that it and its sister yard Hudong-Zhonghua Shipbuilding (Group) Co, had received a letter of intent from CMA CGM for the ships, which would be capable of carrying 22,000 20-foot equivalent unit containers (TEU), the newspaper said.

The final order was subject to board approval from both sides, the newspaper said. Both yards are owned by state-run China State Shipbuilding Corporation.

CMA CGM did not immediately respond to a request for comment. Calls to Shanghai Waigaoqiao Shipbuilding and Hudong-Zhonghua Shipbuilding outside office hours were not immediately answered.

Should they be built, CMA CGM’s 22,000 TEU vessels will leapfrog the OOCL Hong Kong to take the crown of the world’s largest container ships. The OOCL Hong Kong has a carrying capacity of 21,413 TEU.

Global container shipping lines in recent years have been competing to build the biggest ships in order to gain economies of scale to slash shipping costs. However, such mega-ships are also being blamed for contributing to the overcapacity glut plaguing the container industry.


Share This Article


1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.


Today's Columnists

Women’s bodies, masculinities and economic insecurities

Thursday, 22 March 2018

Cat’s Eye was deeply saddened to witness another wave of anti-Muslim violence, yet again, under a Government which promised to protect them from such violence. It was reported that the first round of violence in Ampara was sparked by a claim that

Strong brands can sustain shocks!

Thursday, 22 March 2018

The recent media highlighted the impact of communal violence on the tourism industry. The press conference earlier this week threw out a number as high as 10% whilst the actual cancellation was around 500 room nights around the Kandy vicinity was rep

Racism, riots, and the Sri Lankan State

Thursday, 22 March 2018

“One’s life has value so long as one attributes value to the life of others, by means of love, friendship, indignation and compassion” – Simone de Beauvoir

Why Ranil is still needed

Thursday, 22 March 2018

The Joint Opposition move to pass a vote of no-confidence in Prime Minister Ranil Wickremesinghe will come a cropper. Ranil knows that best as he has tersely told a group of opposition pollies (Australia slang for ‘politicians’), “Come on! Pres

Columnists More