The CMA CGM Group announced that the European Commission has approved its acquisition of OPDR. In order to finalize the acquisition, which was announced on November 25, 2014 by Jacques R. Saadé, founder, Chairman and Chief Executive Officer of the CMA CGM Group, the approval of Moroccan and European Union competition authorities was necessary. On June 29, the European Commission finalized the process by giving its approval without any conditions. OPDR is a sea carrier that was part of the Bernhard Schulte Group. It is specialized in short sea maritime services and door to door logistics solutions between North Europe, the Canary Islands, the Iberian Peninsula and Morocco. The company employs 200 persons in different agencies. The OPDR fleet sails four trades between: North Europe and the Canaries South of Spain and the Canaries North Europe, Spain and Portugal North Europe and Morocco. OPDR and MacAndrews capacities combination are in line with the densification of the regional network strategy of the CMA CGM Group. OPDR and MacAndrews capacities combination will reinforce the European offer of the CMA CGM Group, and its tailor-made intermodal solutions. MacAndrews is the oldest European sailing company. It was acquired by the CMA CGM Group in 2002. MacAndrews offer its clients railroad
French shipping major CMA CGM assures its customers over Hanjin collapse. "Further to the information published on the filing for receivership of Hanjin Shipping, we understand that this news may have raised concerns with regards to the transport of goods that you have entrusted to CMA CGM," says a company statement. Hanjin Shipping, apart from being a member of CKYHE Alliance, is a partner of CMA CGM Group on 5 out of the Group’s 200 shipping lines
CMA CGM Group announces the launching as from April of an eco-calculator accessible to all its customers via its e-business platform. Measuring the environmental impact of their supply chain has become an increasingly important issue for many companies. To meet this demand, the CMA CGM Group will be making available to customers a new service starting in April 2011: the eco-calculator. Accessible to all the Group’s customers as part of the on-line solutions offered by CMA CGM
CMA CGM Group is pleased to announce the upgrading of its ASEA service connecting Asia, Kenya and Tanzania, effective since October 12th, 2011. The new ASEA weekly service will deploy 6 ships of 2500 TEU (4 provided by CMA CGM Group and 2 provided by Emirates Shipping Line) and will allow the Group to provideits customers with below pluses: - Direct weekly service to Kenya and Tanzania gateways - Deployment of bigger vessels
The 175,343 gt 'CMA CGM Marco Polo' owned by CMA CGM Group joins the UK ship register. The first in a series of three new 16,000 TEU container ships, for the CMA CGM group to serve on the Asia-Europe routes, the ship was built in Korea by Daewoo Shipbuilding & Marine Engineering Co Ltd, and is almost a quarter of a mile long. The new vessel is also designed with cutting edge technology for high levels of performance, safety and environmental protection
The CMA CGM Group upgrades its fleet calling North Brazil, French Guyana and the Caribbean; takes delivery of the CMA CGM Cayenne, the first vessel of the Guyanamax three-vessel series Container shippers the CMA CGM Group announce that the CMA CGM Cayenne, the first vessel of its three-vessels Guyanamax series, was delivered on July 21 in South Korea. The 2,100 TEU capacity vessel – including 530 Reefer containers – is 190 meters long and 30 meters
CMA CGM Group said that the CMA CGM Marco Polo, the world’s largest containership, began its first voyage on Wednesday, November 7, in Ningbo, China. The ship is a 16,000 TEU vessel, owned by CMA CGM, sailing under the UK flag. Built by DSME (Daewoo Shipbuilding and Marine Engineering) in South Korea, the ship displays exceptional dimensions at 396 x 54m, with a draft of 16m. CMA CGM Marco Polo is the first of a series of three 16,000 TEU vessels, will to be named after great explorers
The CMA CGM Group announced the extension of its FEMEX service on the North Europe – Mediterranean trade. In order to improve the coverage of the North Europe – Mediterranean trade and coinciding with a growing existing demand, the CMA CGM Group extended its FEMEX service in the Black Sea with the addition of three new calls in Samsun (Turkey), Novorossiysk (Russia) and Constanta (Romania). The CMA CGM Group will become the only shipping line offering a direct coverage
The CMA CGM Group is pleased to announce that the French President François Hollande has decorated Mr Jacques R. Saadé, the CMA CGM Group Founder, Chairman and Chief Executive Officer, Commander of the National Order of the Legion of Honor. Mr Saadé was decorated by Mr François Hollande during a ceremony on April 14th, attended by Mr Saadé’s family. Several Ministers and corporate executives were also present.
The CMA CGM Group announced the launch of a new service, WAZZAN, joining Morocoo to North West Africa, and improving the container shipper’s Intra African coverage. The CMA CGM Group said the new service improves transit time between Mauritania, Senegal and Morocco by eight days, with previous transshipment calls being replaced by direct ones. In addition, a new direct call, from North West Africa and to Morocco, in Las Palmas is introduced
While the Silk Road initiated trade between the East and the West starting in the 4th Century BC, the first traces of spice trading, which the Romans loved so much, seem to appear as early as the 1st Century. Over the centuries, and in response to wars and invasions
CMA CGM Group has launched its new service EURAF 6 by cooperating with a partner under a slot swap agreement. Effective August 30th, 2016, m/v CMA CGM MILAN TRADER, the new EURAF 6 service deployed on the Europe - West Africa will further strengthen our product and will offer the
Ocean Carrier CMA CGM reported a net loss of $128 million for the second quarter of 2016, compared to a net gain of $156 million for the second quarter of 2015. Its revenue declined to $3.5 billion ($3.3 billion excluding the contribution from Singapore’s Neptune
French container shipper CMA CGM received Manuel Valls, Prime Minister of France, the CMA CGM Tower, Group headquarters in Marseille, Friday September 9. The Prime Minister was accompanied by Emmanuelle Cosse, Minister for Housing and Sustainable Habitat
France's CMA CGM and China's COSCO Container Lines are to form a four-way vessel-sharing alliance with Evergreen Line and Orient Overseas Container Line focused on Asia routes, CMA CGM said on Wednesday. Container shipping has seen route-sharing develop in response to a severe downturn in
CMA CGM Group has decided to postpone its project to deploy 18,000 TEU-capacity vessels on Transpacific market trade. The much-anticipated launch of a weekly service with six mega-ships which was planned for the end of May has been delayed in order to optimise the use of its
CMA CGM Group develops AQUAVIVA, a new generation of containers to transport live lobsters The CMA CGM Group has launched a new generation of containers which allows for the safe carriage of live lobsters in their original water in conditions maintaining their natural habitat
Worldwide shipping group CMA CGM announced that it is the main partner of the Monumenta 2016 art exhibition in Paris. CMA CGM has decided to be at the heart of the creation of the masterpiece, by providing its containerships
France's CMA CGM, the world's third-largest container shipping firm, reported a first-quarter net loss on Friday and targeted $1 billion in cost cuts to keep operating margins positive during the current market downturn. Weak freight rates in the past year have left many lines operating
"In order to ensure complete visibility and a seamless transition when adapting to the new SOLAS regulation, we have created a dedicated page on our website to guide you through the new Verified Gross Mass (VGM) regulation," says a statement from CMA CGM.
CMA CGM S.A. (CMA CGM) and PSA Singapore Terminals Pte. Ltd. (PSA) will form a joint venture company CMA CGM-PSA Lion Terminal Pte. Ltd. (CPLT) to operate and use four mega container berths at Pasir Panjang Terminal Phases 3 and 4 in Singapore.
CMA CGM and PSA Singapore Terminals (PSA) have confirmed that they will establish form a joint venture company CMA CGM-PSA Lion Terminal Pte. Ltd. (CPLT) to operate and use four mega container berths in Singapore. CPLT will commence operations from the second half of this year
French shipping giant CMA CGM plans to use Kingston Container Terminal, Jamaica as a strategic Caribbean transshipment hub for an enlarged Panama Canal. The Port connects to US East Coast, the Gulf of Mexico, the Caribbean and northern Brazil.
In a continued effort to provide increased reliability and quality service in a challenging environment, CMA CGM Group is strengthening its coverage of Europe to West Africa with the addition of the direct call in Cameroon on its EURAF 5 service and the EURAF 4 service upgrade connecting
CMA CGM Group announced the launch of two new weekly services, EPIC 1 and EPIC 2, between the Arab Gulf, Pakistan, North West India and North Europe. The current Epic service will make room for the two new weekly services. EPIC 1 offering a direct connection between North Europe and Pakistan