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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.
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Devdiscourse broke the news in India on Wednesday, February 18, 2026.
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