Proposed U.S. Port Fee for Chinese Ships Fails to Stop $2.6B Order to CSSC

The order includes 18 measures, including imposing fees on Chinese-made ships and cranes entering the United States.

Proposed U.S. Port Fee for Chinese Ships Fails to Stop $2.6B Order to CSSC

China State Shipbuilding Corporation is reporting a giant new order for containerships valued at between $2.5 and $2.6 billion. While CSSC did not id...

CMA CGM books more LNG-powered containerships in China

CSSC Holdings said in a stock exchange that its unit Jinagnan has signed a contract on Friday to build LNG dual-fuel container vessels. The order is worth between 18 billion yuan and 19 billion yuan, or $2.47 billion to $2.6 billion. CSSC Holdings said the deliveries will take place in 2028 and 2029. The group said that the shipowner is Jiangnan’s long-term partner, but it did not provide further details. Shipbuilding sources told LNG Prime that…

CMA CGM spends $2.5bn on a dozen newbuilds at China's Jiangnan

France’s CMA CGM has signed up for a fresh series of containership newbuildings in China. The Marseille-headquartered liner giant is being widely tipped as the owner behind a dozen LNG dual-fuel 18,000 teu vessels contracted at CSSC Jiangnan Shipyard. The order comes hot on the heels of the United States Trade Representative (USTR) agency’s proposal …

CMA CGM undeterred from ordering newbuildings at Chinese state-owned shipyard

French liner giant named as buyer behind container ship order worth up to $2.6bn at CSSC shipyard