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India secures first global order to build LNG-powered container ships worth $300 million CMA CGM, a global container carrier, has signed a letter of intent with Cochin Shipyard for six LNG-powered box ships, marking India's first major container ship order. Chairman Rodolphe Saade views India as an "alternative" to China and South Korea for such construction, praising Prime Minister Modi's business acumen. France-based CMA CGM, the world’s third-biggest container carrier, sees India as an “alternative” for building small, liquefied natural gas-powered box ships, chairman and chief executive Rodolphe Saade said, after signing a letter of intent with Cochin Shipyard for constructing six such ships for about $300 million...... https://lnkd.in/dtjXWHrc #India #Business #ShipBuilding P MANOJ Via https://lnkd.in/fc5MgJX