$300 million deal: France's CMA CGM eyes India for LNG-powered container ships; six vessels ordered

French shipping giant CMA CGM is eyeing India as a hub for constructing small, LNG-powered container vessels, signing a letter of intent for six ships worth $300 million. This historic deal, following discussions with Prime Minister Modi, marks India's first container ship order from a global mainline operator. https://ift.tt/KkYHZu8