CMA CGM receives first of two 11,300-TEUers for Far East-Europe loop

MARSEILLE-based French shipping giant CMA CGM has received its first of two 11,388-TEU ships from Hyundai Heavy Industries ordered in June and September 2006.

The CMA CGM Titan and CMA CGM Cassiopea will join its Far East-Europe FAL 3 loop upgrading its current ship sizes between 8,500-9,500-TEU. The vessels are ninth and tenth of a series of 12 built 18 months ago, but mothballed at the yard during the company`s troubled times.