CMA CGM acquires second 20,000+ TEU boxship

French container shipping company CMA CGM has added to its fleet a second 20,600 TEU containership.

The delivery and naming ceremony for CMA CGM Jean Mermoz was held at Subic Bay Philippines yard on May 25.

Featuring a length of 400 meters and a width of 59 meters, the ultra large container vessel (ULCV) flies the flag of Malta.

CMA CGM Jean Mermoz is the company’s second of three identical giant ships ordered at Hanjin Subic. The first ship from the batch, CMA CGM Antoine de Saint Exupery, was delivered to its owner earlier this year and the third vessel is expected to be delivered in September 2018, the shipbuilder said.

According to data provided by VesselsValue, CMA CGM Jean Mermoz currently has a market value of USD 138.23 million.

The newbuild will be deployed in French Asia Line 1 which connects Asia to Northern Europe.

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