CMA CGM has signed a letter of intent (LOI) at Hyundai Heavy Industries for six 8,000-teu LNG dual-fuelled container ship newbuildings said to be worth $720m.

Newbuilding brokers priced the vessels at about $120m each.

The company, which pioneered the adoption of LNG fuelling for the boxship sector, ordered four dual-fuel 7,400-teu vessels at HHI’s rival Samsung Heavy Industries in March.