France and China sign marine and aviation deals

(www.cargofee.com) News Broadcast：

The announcement was made during a state visit to France by China’s president Xi Jinping and follows news that Airbus has signed an agreement with China Aviation Supplies Holding Company for the purchase by Chinese airlines of 300 Airbus A320 and A350 aircraft.

With over 1,700 Airbus aircraft currently with Chinese operators, the manufacturer’s latest China market forecast suggests the country will need 7,400 new passenger and freighter aircraft in the next 20 years. Guillaume Faury, president of Airbus Commercial Aircraft and future Airbus CEO said: “Our expanding footprint in China demonstrate our lasting confidence in the Chinese market and our long-term commitment to China and our partners.”

Commenting on his company’s order, CMA CGM chairman and CEO Rodolphe Saadé noted: “Through this strategic partnership with the China State Shipbuilding Corporation, we once again opt for LNG propulsion and we reinforce our efforts to develop ever more efficient and environmentally-friendly vessels. We thereby reassert our leading role in the energy transition of the shipping industry.”

In November 2017 CMA CGM announced an order for nine 22,000-TEU container ships powered by LNG, becoming the first shipping company in the world to choose this energy source for vessels of this size.

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