CMA CGM has taken a significant step toward expanding its fleet and strengthening its market position by contracting HD Hyundai Heavy Industries to build twelve 18,000 TEU LNG dual-fuel containerships. This investment, valued at $2.58 billion, is part of a broader industry trend marked by record-breaking containership orders and ongoing shipyard activity. With all vessels scheduled for delivery by the end of 2028, CMA CGM is well-positioned to challenge Maersk as the world’s second-largest container line.
Key Data: CMA CGM and Market Trends
| Aspect | Details |
|---|---|
| Order Details | 12 LNG dual-fuel containerships of 18,000 TEU each. |
| Contract Value | Approximately KRW 3.716 trillion ($2.58 billion). |
| Delivery Timeline | All ships to be delivered by the end of 2028. |
| Market Position | CMA CGM is on track to surpass Maersk as the second-largest container line globally. |
| Record Containership Orders | 2022 set a new record of 4.4 million TEU, surpassing 2021’s 4.3 million TEU. |
| Ongoing Orders | New ship orders in January indicate continued activity in Asian shipyards. |
| Other Companies’ Orders | Companies like Kawa Shipping and Elbdeich Reederei are also investing in new vessels. |
CMA CGM’s bold investment aligns with a competitive industry landscape, reflecting a focus on sustainability through LNG dual-fuel technology and a commitment to meeting future shipping demands.
Glottis Limited 
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