In just one month, the record of the largest single container ship order in the history of China's shipbuilding industry was set again. China State Shipbuilding Corporation won another large order for 22 container ships from the "old customer" CMA CGM. It only took 4 months to complete the annual order target ahead of schedule.
The three shipyards jointly undertake the order for 22 container ships of CMA CGM
On April 30, China State Shipbuilding Trading Co., Ltd., a subsidiary of China State Shipbuilding Corporation, joined forces with Jiangnan Shipbuilding, Hudong-Zhonghua, and Wuhan Shipbuilding Group Qingdao Beichuan Heavy Industry to jointly take orders for a total of 22 container ships of France's CMA CGM-3. The order took effect immediately. Sun Wei, a member of the Party Group and Deputy General Manager of China State Shipbuilding Corporation, and Xavier, Executive Vice President of CMA CGM Group attended the signing ceremony.
This is after Shipbuilding Group and Guangzhou Shipyard International jointly accepted an order for 13 16000TEU container ships worth more than 10 billion yuan on March 31. China Shipbuilding Group once again set a record for the largest single container ship order. This order is an actual manifestation of China State Shipbuilding Corporation and CMA CGM’s active implementation of the strategic cooperation framework agreement signed by the leaders of the two countries in 2019. It is also a result of China State Shipbuilding Corporation’s reorganization and integration in terms of ship and ocean business undertaking and product transformation and upgrading. Another major achievement of So far, in the first four months of this year, China Shipbuilding Corporation Shipbuilding and Marine Operations has undertaken to complete the annual target task ahead of schedule.
It is understood that the container ships ordered in this batch are the latest generation of green, environmentally friendly, energy-efficient container ships, all of which are classified by the French Bureau of Shipping (BV), integrating the design and construction of China State Shipbuilding Corporation and supporting key equipment such as the main engine of its own brand. The integration fully reflects the overall strong and comprehensive strength of China State Shipbuilding Corporation.
Among them, Jiangnan Shipbuilding has received an order for 6 15000TEU dual-fuel container ships with a total length of 336 meters and a width of 51 meters; Hudong Zhonghua has received an order for 6 13000TEU dual-fuel container ships with a total length of 336 meters and a width of 51 meters. Both types of ships are designed by the "Hercules" of China State Shipbuilding Corporation No. 708, using GTT Mark III cargo containment system, and using China State Shipbuilding Corporation's own brand main engine WinGD dual-fuel main engine.
In addition, Qingdao Beichuan Heavy Industry has won an order for 10 conventional power 5500TEU container ships. This type of ship adopts the SEALION 5500 design of the Shanghai Ship Research and Design Institute, with a total length of 255 meters and a width of 40 meters. The designed draught speed can reach 20 knots. It has reserved space for the installation of desulfurization devices. It adopts the latest WinGD 2.0 main engine and meets the EEDI third Phase and Tier III emission requirements are a medium-sized container ship that is energy-saving, environmentally friendly, green and efficient.
The Shipyard introduced that SEALION 5500 is an energy-saving, environmentally friendly, green and efficient medium-sized container ship. The linear design of this type of ship adopts the shipyard S-BOW, which has excellent performance in still water and waves, and takes into account the speed of multiple draught ships and the motion performance on waves; it adopts the latest WinGD 2.0 main engine, which has lower fuel consumption. Improve energy efficiency; meet EEDI Phase III and Tier III emission requirements; excellent heavy container number, cold container number and Euro container number indicators help shipowners to improve cargo capacity and flexibility; 2-layer lashing bridge design increases container stacking weight; meets BV FORS fuel fast recovery system and ESA elastic shafting alignment calculation symbol requirements; fully consider the initial investment, maintenance cost and layout space, and avoid the use of medium voltage power stations; the intelligent berthing system provides automatic ship maneuvering function to realize the automatic docking of ships Off the dock.
CMA CGM returns to China State Shipbuilding Corporation to order LNG-powered container ships for the third time
After years of cooperation between China State Shipbuilding Corporation and CMA CGM, a deep friendship has been established between the two parties. In 2017, CMA CGM decided to order an LNG-powered 23000TEU container ship, which was the largest LNG-powered ship in the shipping industry at that time. Five of them were built by Hudong Zhonghua and four were built by Jiangnan Shipbuilding. Currently, 7 of this series of LNG-powered ships have been delivered for operation.
In March 2019, China State Shipbuilding Corporation and CMA CGM signed a strategic cooperation framework agreement and a contract for the construction of 10 ultra-large container ships of 15,000 TEU. Among them, 5 ships built by Jiangnan Shipbuilding will be operated with LNG power, and 5 ships built by Hudong Zhonghua will be equipped with desulfurization devices and use traditional fuels. At present, the project is moving forward smoothly.
For Jiangnan Shipbuilding and Hudong Zhonghua, this is the third time that they have jointly built LNG-powered container ships with CMA CGM. This order is also the first LNG-powered container ship order received by a Chinese shipping company in the past year. Clarkson’s data shows that a total of 30 LNG-powered container ships have been ordered since the beginning of last year, and as many as 28 of them were received by the three major Korean shipping companies. Only in February last year, Yangtze River Shipbuilding Group won the Tiger Fund from Hong Kong Ship Investment Company. Group) orders for two 14000TEU dual-fuel container ships.
For Qingdao Beichuan Heavy Industry, this order is its first breakthrough in the container ship market, and it is also another in-depth cooperation between Beichuan Heavy Industry and CMA CGM in the field of ship repair and modification. Previously, Beichuan Heavy Industry has been focusing on the construction of bulk carriers and ore ships. Clarkson’s data shows that at present Beichuan Heavy Industry has orders for a total of 21 4.25 million dwt, including 4 325,000 dwt ultra-large ore ships ( VLOC) and 14 bulk carriers.
This time, CMA CGM has chosen to put all 22 new ship orders into the shipyards of China State Shipbuilding Corporation. This is a high recognition of China Shipbuilding Corporation’s container ship brand and service quality, and it is also an appreciation for China Shipbuilding Corporation’s shipyards in the field of container ships. Full trust in capability and construction quality.
In the course of this cooperation, China State Shipbuilding Corporation gave full play to the reorganization and integration effects and the overall advantages of the shipbuilding industry chain, deepened long-term cooperation with strategic customers, actively provided comprehensive and precise services, and turned advantages into victory. Give full play to China Shipbuilding Trading as the main platform of the group’s marine industry market operation and the main force of international business development, actively coordinate the advantageous resources of the group’s design units, shipyards, and main engine supporting plants, and give full play to the group’s marketing, design, construction, supporting, The advantages of a complete industrial chain of service integration have won the trust and affirmation of CMA CGM with high-quality services, which ensured the smooth signing of this large order, further deepened the cooperative relationship between the two parties, and consolidated China State Shipbuilding Corporation’s Brand status and market share in the global container ship market.
Alphaliner's data shows that the capacity of CMA CGM has surpassed COSCO Shipping Group and regained its third position in the world. At present, CMA CGM's fleet operates 557 container ships, with a total capacity of 3.0497 million TEU, and a market share of approximately 12.5%. In addition, CMA CGM has 22 hand-held orders for a total of 332,600 TEU.
It is understood that in 2020, the profitability of all performance sections of CMA CGM will be improved. Among them, the profit before interest, taxes, depreciation and amortization (EBITDA) of the shipping section was US$5.5 billion, a significant year-on-year increase of 71.1%, and the net profit was US$1.86 billion. Thanks to the strong development of international trade, CMA CGM has a net profit of US$1.755 billion in 2020, which is compared with a loss of US$229 million in 2019, which has successfully turned losses into profits.
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