CMA CGM turns to India for six feeder newbuilds

France’s CMA CGM has signed a letter of intent with Cochin Shipyard Ltd (CSL) to build six LNG-powered feeder containerships, marking the first-ever order by a global liner operator at an Indian yard. The 1,700 teu vessels are valued at around $300m in total. A formal shipbuilding contract outlining technical and commercial terms will follow …