$300 million deal: France's CMA CGM eyes India for LNG-powered container ships; six vessels ordered

Oct 15, 2025 - 13:30
$300 million deal: France's CMA CGM eyes India for LNG-powered container ships; six vessels ordered

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French shipping giant CMA CGM is eyeing India as a hub for constructing small, LNG-powered container vessels, signing a letter of intent for six ships worth $300 million. This historic deal, following discussions with Prime Minister Modi, marks India's first container ship order from a global mainline operator.

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