Cochin Shipyard Secures $360 Mn Deal From French Firm for First India-Made LNG Container Ships
The $360 million contract includes six LNG-powered feeder containerships, marking India’s first LNG container ships built for an international company, with two vessels delivered annually.
- During the recent India–France state visit, France's CMA CGM Group and Cochin Shipyard finalised a $360 million contract, Press Trust of India reports.
- In October 2025, CSL and CMA CGM signed a letter of intent and advanced vessel specifications while awaiting the Shipbuilding Financial Assistance scheme, officials report.
- CMA CGM committed to six feeder-sized vessels, each with 1,700 TEU capacity, LNG-powered, to be built at Cochin Shipyard in Kerala with the first due for delivery by February 2029.
- With the order, Cochin Shipyard will see its backlog grow, as the deal reportedly raises its orderbook to $2.5 billion, and CMA CGM plans to deepen R&D and onboard 1,500 more Indian seafarers by 2026.
- Amid broader bilateral and trade talks, the contract was finalised as part of French President Emmanuel Macron's state visit, including the India‑France Innovation Forum and India‑France Year of Innovation 2026.
22 Articles
22 Articles
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.
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.
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