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Cgm Group News

19 Dec 2023

Markets Spike Following Houthi Attacks on Shipping

Ā© Dragoș Asaftei / Adobe Stock

Continued missile attacks on merchant ships in the Red Sea have plunged supply chains into chaos, and consumers around the world will have to pay the price, according to Xeneta.Latest data from the industry analyst shows spot rates in the ocean freight shipping market spiked by 20% since Friday after major shipping liner companies such as Hapag Lloyd, MSC and Maersk announced they are avoiding the Red Sea amid the attacks by Houthi militia.Xeneta chief analyst Peter Sand saidā€¦

04 Dec 2023

Shipping CEOs Call for End to Fossil-Only Newbuilds

Source: CMA CGM

The CEOs of leading global shipping lines issued a joint declaration at COP 28 calling for an end date for fossil-only powered newbuilds and urging the IMO to create the regulatory conditions to accelerate the transition to green fuels.The only realistic way of meeting the IMOā€™s 2030, 2040 and net-zero 2050 goals is to transition from fossil to green fuels at scale and at pace, they say.Their joint declaration calls for:ā€¢ An end date for new building of fossil fuel-only vessels and a clear GHG Intensity Standard timeline to inspire investment confidenceā€¦

03 Oct 2023

GTT and Ascenz Marorka Win CMA CGM Service Contract

Source: Ascenz Marorka

GTT has signed a Technical Services Agreement (TSA) with the CMA CGM Group for maintenance and operation services for 49 biomethane and e-methane ready LNG-powered container vessels all equipped with GTT's Mark III, Mark III Flex and Recycool technologies.The agreement includes GTT on-site technical assistance for inspection, maintenance, repairs, operations and engineering services. GTT Training will offer its extensive training program for onshore personnel and CMA CGM sea going crew.

25 Jul 2023

Russia's Danube Attacks Tighten Noose on Ukraine's Grain Sector

Ā© Ivanoff / Adobe Stock

Russian air strikes on Ukrainian grain facilities on the Danube this week threaten a vital river route for Kyiv's exports, as Moscow seeks to tighten the noose around a key sector of the economy days after abandoning the Black Sea shipping deal.Last week, air strikes caused tens of millions of dollars of damage to the grain sector in Odesa region, and Monday's strikes on infrastructure along the Danube brought back memories of the export gridlock that followed Russia's February 2022 invasion."Without the Danube, the export (situation) becomes critical.

25 Jul 2023

Yokohama Port Call is First by an LNG-powered Containership in Japan

(Photo: CMA CGM)

A port call made by CMA CGM Liberty at the Honmoku D4 terminal in Yokohama on Monday is the first by a liquefied natural gas (LNG)-powered containership in Japan. At 15,000-TEU, the containership also ranks amongst the largest vessels to be calling in Japan.CMA CGM Liberty is one of three e-methane ready LNG-powered vessels that the Group has lined-up on the weekly Asia Central South America 1 (ACSA1) service. They form the ACSA1 service fleet of 12 vessels, ranging from 12,000 to 15,000 TEUs and deployed on the regular Transpacific service.

31 May 2023

CMA CGM Acquires La Méridionale, New Ship Orders Planned

Copyright CMA CGM

The CMA CGM Group today finalized the acquisition of La Méridionale, a mixed-use freight and passenger shipping company established in Marseille since 1931. La Méridionale currently has four RoPax vessels, which operate up to 13 weekly crossings between Marseille, Porto Vecchio and Ajaccio, plus connections between Marseille and Morocco.The acquisition of La Méridionale complements the new division of the CMA CGM Group dedicated to specialized shipping operations. This division encompasses the new car carrier businessā€¦

15 Feb 2023

CMA CGM in Exclusive Talks to Buy Ropax Firm La Méridionale

Ā©Panama/AdobeStock

CMA CGM Group has entered into exclusive talks with STEF Group to buy La Méridionale, a mixed freight and passenger shipping company based in Marseille, France."The completion of this transaction is conditional upon the signature of the share transfer agreements, after information and consultation of the employee representative bodies, and authorizations from the various competition authorities," CMA CGM said."With this acquisition, CMA CGM Group wishes to pursue its development in the Mediterranean while strengthening the position of the port of Marseille and the French shipping industryā€¦

18 Jan 2023

CMA CGM Argentina: Largest Containership to Call a Japanese Port

Ā©CMA CGM/Twitter

The CMA CGM Group said this week it had received the arrival of the CMA CGM Argentina containership as its largest vessel to call at the Honmoku D4 terminal in Yokohama, Japan.The containership is one of two 15,000-TEU series that the group has deployed on the weekly Asia Central South America 1 (ACSA1) service. Arriving from central and south America, the CMA CGM Argentina is now the largest containership to call a Japanese port on a regular service and has brought import shipments of fresh fruits from Ecuador and Guatemalaā€¦

05 Jan 2023

CMA CGM Completes Russia Exit

Ā© eyewave / Adobe Stock

French-based shipping group CMA CGM has completed its withdrawal from the Russian market by divesting stakes in terminals through an asset swap, the company said.ā€œWith this finalized transaction and the decision to suspend all new bookings to and from Russia since March 1st, 2022, the CMA CGM Group will no longer be involved in any entities operating in Russia,ā€ it said in an emailed statement.The deal was concluded on Dec. 28, it said.CMA CGM inherited 25% stakes in four terminals in Russia and Finland through the acquisition of Finnish firm Containerships in 2018ā€¦

16 Nov 2022

Levesque Named President of CMA CGM America

Ā© Tupungato / Adobe Stock

French shipping group CMA CGM on Thursday announced it has appointed Peter Levesque to take over as president of CMA CGM America and American President Lines (APL) upon Ed Aldridge's retirement on December 6.Levesque is an international global supply chain executive with more than 30 years of industry leadership experience, who until 2021 was president of Ports America Group. Prior to Ports America, he spent 25 years based in Hong Kong and held leadership positions in international transportationā€¦

05 Oct 2022

CMA CGM Inks Deal for Fleetwide Adoption of HydroPen Firefighting Tool

Image courtesy Viking

Viking Life-Saving Equipment secured a major order for its container fire-fighting tool HydroPen, following a decision by the CMA CGM Group to adopt the solution across its entire fleet.In 2020, CMA CGM ordered HydroPen sets to equip its larger containerships. The latest order means that CMA CGM will use the system on over 270 ships.HydroPen is attached to the deck hose as a combined drill and spray unit which penetrates the door of the box before extinguishing the fire at source.

04 Oct 2022

Rival of Container Shipper Matson Can Proceed with Antitrust Lawsuit

Two Matson Inc subsidiaries must face claims from rival container shipping company American President Lines LLC that Matson is abusing its market power over service from the United States to Guam, a federal judge ruled in an antitrust lawsuit.The ruling Friday by U.S. District Judge Christopher Cooper in Washington, D.C., declined to dismiss claims against Matson Navigation Company Inc and Matson Logistics Inc brought by American President Lines last year seeking unspecified monetary damages for alleged violations of U.S. competition law.The court dismissed parent company Matson Inc as a defendant.Honolulu-based Matson, a leading U.S. carrier in the Pacific, in 2021 recorded revenue of more than $3.9 billion.

19 Aug 2022

New Buoys Aim to Help Protect Whales from Ship Strikes

(Photo: CMA CGM)

A network of acoustic monitoring buoys aims to help protect North Atlantic right whalesā€”one of the worldā€™s most critically endangered speciesā€”from ship strikes along the U.S. East Coast.Although North Atlantic right whales are protected under the Endangered Species Act and the Marine Mammal Protection Act, serious threats to their survival abound with only approximately 336 of these great whales remaining on the planet. The installment of the buoys aims to aid in right whaleā€™s survival and will fill a critical gap in monitoring along the East Coast.

28 Jun 2022

CMA CGM Inks LNG Supply Deal with Shell

(Photo: Shell)

Shell and CMA CGM Group have signed a multi-year liquefied natural gas (LNG) supply agreement, which will supply LNG to CMA CGMā€™s 13,000 twenty-foot equivalent unit (TEU) vessels in the Port of Singapore, starting from the second half of 2023.The simultaneous operation (SIMOPS) LNG bunkering will be undertaken by FueLNG, a joint venture between a unit of Shell in Singapore and Keppel Offshore & Marine Ltd (Keppel O&M) utilizing FueLNG Bellina that is already in operation and an 18ā€¦

11 Apr 2022

CMA CGM Bans Plastic Waste from Its Vessels

(Photo: CMA CGM)

French container shipping line CMA CGM said it will no longer carry plastic waste aboard its ships."As part of its renewed commitment towards more sustainable trade, the CMA CGM Group announced its decision to no longer carry plastic waste on our ships as of June 1st, 2022. This landmark decision in the shipping industry will help protect the oceans and biodiversity," the company said in a letter to customers. The firm said plastic waste will no longer be loaded onto its vessels from April 15, 2022.

14 Sep 2021

CMA CGM Invests in Brittany Ferries

Illustration only - Credit:PackShot/AdobeStock

CMA CGM Group, a shipping and logistics giant, has agreed to make a ā‚¬25 million investment, including ā‚¬10 million in quasi-equity, in Brittany Ferries, the largest ferry company operating under the French flag, to support Brittany Ferriesā€™ post-Covid-19 recovery.Brittany Ferries said the partnership would help to unlock synergies between the two companies in passenger and freight transport. "By harnessing the respective areas of expertise of the CMA CGM Group and Brittany Ferries, it will also help promote the development of cross-Channel shipping and underpin Franceā€™s position in the sector.

06 Jul 2021

From Trash to Fuel: BioLNG Production Project Takes Shape in France

Ā© Mike Mareen/AdobeStock

EveRé, Elengy, TotalEnergies and the CMA CGM Group are engaged in a study of a BioLNG production plant project at Marseilleā€™s port, aiming to to turn household waste into clean energy and serving as another plank toward the maritime industry's decarbonization.This will be Franceā€™s first production unit for liquefied biomethane (BioLNG), a low-carbon alternative fuel dedicated to energy transition in the shipping industry, and when operational is intended to be used primarily for the CMA CGM Groupā€™s LNG-powered vessels.BioLNGā€¦

17 May 2021

GTT to Design LNG Tanks for CMA CGM's New Containerships

(Photo: CMA CGM)

Engineering firm GTT said it has been chosen to design the cryogenic fuel tanks of 12 new liquefied natural gas (LNG) fueled containerships for the CMA CGM group.The vessels have been ordered from Chinese shipyards Hudong-Zhonghua Shipbuilding (Group) Co. Ltd. and Jiangnan Shipyard (Group) Co., who will each build six vessels, able to carry 13,000 and 15,000 containers respectively. The order of the six 15,000 TEU vessels completes the order of five similar container vessels signedā€¦

30 Apr 2021

CMA CGM Orders 22 New Vessels from CSSC

(Photo: CMA CGM)

French container shipping company the CMA CGM Group announced on Friday it has ordered 22 vessels from Chinese shipyard CSSC Group expected to be delivered in 2023 and 2024. The value of the order was not disclosed.The shipbuilding contract, which comes amid strong market growth in the container shipping sector, includes 12 ships powered by liquefied natural gas (LNG) and 10 to run on very low sulfur fuel oil (VLSFO), CMA CGM said. Six of the LNG-fueled box ships will be 13,000 TEU capacity, and the other six will be 15,000 TEU.

27 Apr 2021

CMA CGM Adopts Container Firefighting System

(Photo: VIKING Life-Saving Equipment)

French shipping company CMA CGM has tapped VIKING Life-Saving Equipment to supply the HydroPen drilling and spraying solution for container firefighting duties on board 85 of its vessels.Where conventional firefighting solutions dowse containers on the outside, the HydroPen is attached to a standard hose as a combined drill and spray unit that penetrates the container door before extinguishing the fire with water, foam or CO2. Useable on or below deck, a crew member can operateā€¦

08 Apr 2021

CMA CGM Box Ship Sets Loaded Containers Record

(Photo: CMA CGM)

French shipping company CMA CGM said its 23,000-TEU mega ship CMA CGM Jacques Saade has set a new world record for the highest number of full containers loaded on board a single vessel.The ultra-large containership (ULCS)ā€”the world's largest powered by by liquefied natural gas (LNG)ā€”departed the port of Singapore on Thursday carrying 21,433 full (20-foot equivalent units (TEU) on board, besting its previous record of 20,723 set in October.The vessel is currently en-route to Europe on the FAL 1 serviceā€¦

24 Mar 2021

Asiaā€™s First Ship-to-containership LNG Bunkering Performed in Singapore

Asia's first ship-to-containership liquefied natural gas (LNG) bunkering operation was undertaken in Singapore on Wednesday as vessel owner and operators continue to turn to the cleaner burning fuel to reduce their emissions and Singapore ramps up its efforts to become an LNG bunkering hub.French shipping company CMA CGM, a large adopter of LNG fuel for its containerships, said its vessel CMA CGM Scandola was fueled with 7,100 cubic meters (m3) of LNG from FueLNG Bellina, Singaporeā€™s first LNG bunkering vessel.

29 Jan 2021

WinGD X-DF Engine Earns Guinness Power Record

(Image: WinGD)

WinGD has been calling its 12X92DF engine the worldā€™s most powerful dual-fuel engine since the first such engine was built in 2019. Now the title is official, as the engine series has been awarded the Guinness World Records for the most powerful Otto-cycle engine ever built.In tests carried out at engine builder CSSC-MES Diesel Co (CSSC-CMD) and verified by Guinness World Records, for the official record title ā€˜Most powerful marine internal combustion engine (otto cycle) commercially availableā€™ā€¦

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