CMA CGM Linked to Boxship Order at Yangzijiang

French container shipping major CMA CGM has reportedly ordered three 2,200 TEU containerships at Chinese Yangzijiang Shipbuilding Holdings, data from Asiasis shows.

As informed, the three containerships were priced at around 29 million apiece and are slated to start delivery in late 2019 continuing through 2020. The order could reach around USD 87 million in total.

The company is yet to confirm the deal to World Maritime News.

Separately, the liner has rolled out its Serenity set of products, aimed at dealing with unforeseen events during freight transport and compensating for any kind of damages or loss of goods. It provides for a refund up to 100 percent of the value of the goods in less than 30 days.

The coverage is about to be expanded to damage to a container during handling as well as to another product to compensate shippers in cases of payment default by their own customers.

“With this innovation, CMA CGM relieves its customers of all the administrative and procedural complexities in case of unforeseen damage to their cargo,” the company said.

World Maritime News Staff