18 September 2017






1 min

CMA CGM Confirms Order for 9 Mega Ships

CMA CGM, the world’s third largest container shipping firm, said it expected operating profits to improve further in the second half as the market continues to recover, and confirmed an order for nine giant vessels.
The announcements by French-based CMA CGM underlined a recovery in the industry this year after a prolonged downturn that sparked a series of consolidation deals.
In a second-quarter results statement on Friday, CMA CGM said its board had approved an order for nine container ships, each with a capacity of 22,000 20-foot equivalent unit containers (TEU), which will start service from the end of 2019.

Below Images are of the 364 m GBR flag container ship CMA CGM ANDROMEDA with imo 9410727 berthed at Malta Freeport Terminal 1, Marsaxlokk Harbour, Malta on Saturday 16th September,2017 –

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