French shipping major CMA CGM has concluded an order for strategic vessels and launches a dedicated R&D hub in India. As a part of its commitment, the group announced an investment of $60 million per vessel for the total of six ships. The construction timeline outlines delivery of the first vessel within 3 years, followed by the delivery of two vessels per year thereafter.
The Group signed the final Shipbuilding contract with Cochin Shipyard Limited (CSL) for six state-of-the-art LNG-powered containerships of 1700-teu capacity, as well as announced the recruitment of up to 1,500 Indian seafarers by the end of 2026. The Group has already recruited 1,000 Indian seafarers.
In presence of India’s Minister of State of Ports, Shipping and Waterways Shantanu Thakur in New Delhi; CMA CGM Group’s Chairman and CEO Rodolphe Saadé announced plans to deepen the company’s four decades-old strategic partnership in India. He highlighted the company’s plans to expand its engagement in container manufacturing and ship recycling, in line with India’s Maritime Vision 2047 to position itself as a major maritime nation.
On occasion of its participation to the Indian AI summit, the Group said that it will develop its innovation presence in India to actively leverage artificial intelligence, digital solutions, and advanced analytics to transform the entire supply chain, from maritime operations and port efficiency to logistics optimization and customer experience. As part of this commitment, in partnership with Capgemini, CMA CGM has established a dedicated Research & Development (R&D) hub in India to develop next-generation digital and AI-enabled solutions to support its worldwide operations.
(Edited by : Srabastee Biswas)
