Yes. I ordered the French version (to avoid the wait until the reprint!). The main difference in play is the tile names, but this is only a factor when teaching people in english. The only minor naming issue is the ship names: in french, the middle size ships are called frigate and the large ships cruisers, while in english the middle size ships are cruisers and the large ships dreadnaughts. If you get it just be wary of the name changes!
The player aids are also in french so be prepared to make copies of those as well if necessary.