Hutchison megadeal reveals dark side of container shipping
What money cannot buy
CMA CGM is reportedly behind the order for a dozen 15,500 teu newbuildings announced today by Korea Shipbuilding & Offshore Engineering (KSOE).
KSOE would only say a “European customer” had placed the KRW3.68trn ($2.66bn) order expected to be completed by June 2028 at subsidiary yards HD Hyundai Heavy Industries and HD Hyundai Samho.
It is known that CMA CGM had been planning to order a number of ships of close to 16,000 teu and had approached ...
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