In a bid to exploit its recent profit increase, container shipping line CMA CGM has said it will spend more money on three new mega box-ships, as it believes that its previous decision to focus on economies of scale has helped to fuel better financial performance.
PTI previously reported that CMA CGM had ordered three 20,000 TEU mega-ships to increase its fleet capacity.
As reported by gCaptain, Rodolphe Saade, Vice President of CMA CGM, said: Currently, our (Asia-North Europe) fleet is equipped with heterogeneous vessels and with these three ships we will have a more standard size for the fleet. We expect 2015, if the current trend continues, should be better than 2014 both in terms of profits and volumes.”
The world’s largest shipping line, Maersk Line, has recently ordered seven new ships in its drive to spend US$15bn on new container ships and equipment over the next three years.