French shipping giant CMA CGM has placed a large order for dual-fuel containerships at Chinese private shipyard Yangzijiang Shipbuilding, according to shipbuilding sources.
Sources told LNG Prime in April that CMA CGM was looking to order up to ten ultra-large LNG dual-fuel containerships in China and South Korea.
According to the sources, CMA CGM recently signed the shipbuilding deal with Yangzijiang for ten 24,000-teu LNG-powered containerships.
Yangzijiang is expected to deliver the ships by the end of 2027.
These vessels will feature MAN ME-GI engines and also GTT’s LNG fuel tanks, the sources said.
The price tag has not been revealed. Looking at previous orders, this contract could be worth about $2.5 billion or some $240-250 million per vessel.
Yangzijiang confirmed the containership order in a statement later on Monday saying it will build ten LNG dual-fuel vessels with a capacity of 24,000 units.
The shipbuilder did not provide any additional information regarding the order.
China’s Hudong-Zhonghua and Jiangnan already built nine 23,000-teu LNG dual-fuel containerships for CMA CGM.
These 400 meters long and 61 meters wide LNG-powered giants feature WinGD’s dual-fuel engines and also GTT’s 18,600-cbm fuel tank.
Last year, CMA CGM also ordered four LNG-powered 23,000-teu containerships with the same specifications at Hudong-Zhonghua and four in April this year.
Orders hit $5.6 billion
In October last year, Yangzijiang also secured its first order for large LNG carriers.
Yangzijiang on Monday also won an order from Denmark’s Maersk for six 9,000-teu methanol dual-fuel vessels with delivery scheduled in 2026 and 2027.
The group has this year secured new orders for 69 vessels worth about $5.6 billion, it said in the statement.
Yangzijiang exceeded its 2023 target of $3 billion, achieving the highest-ever total outstanding orderbook value of $14.6 billion for 180 vessels, it said.
(Article updated to include a statement by Yangzijiang Shipbuilding.)