Cochin Shipyard Secures $360 Mn Deal From French Firm for First India-Made LNG Container Ships

CMA CGM Cochin Shipyard sign contract for six LNG-Fuelled container vessels

India's ongoing maritime sector reforms are translating into concrete outcomes in shipbuilding and green shipping, with the signing of a contract between global shipping major CMA CGM and Cochin Shipyard Limited (CSL) for the construction of six 1,700 TEU LNG-fuelled feeder container vessels, signed at an event held in New Delhi on Wednesday.

Cochin Shipyard bags $360m order from French firm CMA CGM Group for six LNG-based vessels

Cochin Shipyard has secured a significant order worth USD 360 million from France's CMA CGM Group. The deal involves building six LNG-powered vessels. This marks the first time CMA CGM is placing orders with an Indian company. The first vessel is expected by February 2029.

Cochin Shipyard secures $360 mn deal from French firm for first India-made LNG container ships

The six-vessel order, CMA CGM’s first with an Indian shipyard, marks a milestone for “Made in India” shipping and opens doors for ports, logistics, and larger vessels in India.

CMA CGM signs $360 million deal with Cochin Shipyard for LNG-powered vessels

CMA CGM partners with Cochin Shipyard to build six LNG container ships, recruit 1,500 Indian seafarers, and expand AI R&D hub in India.

Cochin Shipyard Secures Landmark USD 360 Million Order from French Giant CMA CGM

Cochin Shipyard has secured USD 360 million in shipbuilding orders from France's CMA CGM Group to build six LNG-powered vessels, marking the first such order to an Indian entity. This agreement advances the shipyard's order book to Rs 23,000 crore, with the first ship due by February 2029.

CMA CGM finalizes Cochin Shipyard contract for six LNG-fueled containerships

The CMA CGM has now followed through on the letter of intent it signed last October covering the construction of six state-of-the-art LNG-fueled 1,700 TEU containerships at India’s Cochin Shipyard Limited (CSL). The final contract was signed during a visit to India by the CMA CGM Group’s Chairman and CEO Rodolphe Saadé, in the presence of Shri Shantanu Thakur – Minister of State at India’s Ministry of Ports, Shipping and Waterways. “I am pleased…