Shipping group CMA CGM has taken delivery of the newbuild box ship CMA CGM Vasco de Gama on July 27. Built by China State Shipbuilding Corporation (CSSC), the 18,000 TEUs vessel is, with its 399 meters length and 54 meters width, the largest ship in the CMA CGM fleet and the largest containership ever built in a Chinese shipyard. The CMA CGM Vasco de Gama is equipped with an engine of the latest generation, a twisted leading edge rudder with bulb and an optimized hull design, together decreasing the ship’s CO2 emissions by 10 percent compared to the previous vessel generation, CMA CGM said. With an estimated emission of 37g of CO2/km for each container, the CMA CGM Vasco de Gama is touted for its environmental signature. The CMA CGM Vasco de Gama is the first 18,000 TEUs containership ever built by a Chinese shipyard. The CMA CGM Zheng He and CMA CGM Benjamin Franklin, two other vessels of the 18,000 TEUs series from the CSSC shipyards, will be delivered on September and November. (As published in the August 2015 edition of Maritime Reporter & Engineering News - http://magazines.marinelink.com/Magazines/MaritimeReporter)
Shipping group CMA CGM has taken delivery of the newbuild box ship CMA CGM Vasco de Gama [sic] on July 27. Built by China State Shipbuilding Corporation (CSSC), the 18,000 TEUs vessel is, with its 399 meters length and 54 meters width, is the largest ship in the CMA CGM fleet and the largest containership ever built in a Chinese shipyard. Calling 11 different countries, the U.K.-flagged CMA CGM Vasco de Gama is positioned on the CMA CGM Group’s French Asia Line (FAL) joining
CMA CGM Marco Polo's sistership, enters CMA CGM’s Asia - Europe Trade. The CMA CGM Group announced that the CMA CGM Alexander Von Humboldt, second of the world's largest and state of the art containership’s series, begins its first voyage today, Friday, April 19th in Pusan, South Korea. Built by DSME (Daewoo Shipbuilding and Marine Engineering) in South Korea, this giant of the seas, owned by CMA CGM, displays exceptional dimensions: 396 meters long
The CMA CGM Group said it has decided to anticipate the reduced production during the Lunar New Year period in China starting on February 4, 2014, and to adjust its offer to meet reduced demand on its services out of China. To continue providing service and to maintain coverage of the range during this period, however, CMA CGM will implement additional calls: On the Far East to North Europe trade, 5 sailings will be canceled on FAL lines : Week 06
The 398-meter-long containership CMA CGM Kerguelen made its first call at the Port Klang Port Terminal in Malaysia, arriving to a very unique arrangement, the CMA CGM Group announced. No less than 12 cranes were used simultaneously to match the vessel's exceptional length and capacity (17,722 TEU), setting a new record for CMA CGM. Delivered in March, U.K.-flagged CMA CGM Kerguelen is the first of six new vessels of its type to enter the CMA CGM fleet in 2015.
Shipping group CMA CGM announced that the 18,000 TEU capacity CMA CGM Benjamin Franklin, the largest vessel ever to call the United States, will be inaugurated today in Long Beach, Calif. in the presence of Jacques R. Saadé, CMA CGM Chairman and Chief Executive Officer. The inauguration will gather more than 600 American figures from economic, industrial, institutional and political backgrounds.
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
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 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
French shipping giant CMA CGM, reported a 66.7% jump in net profit to $156m in the second quarter of 2015. The result compared to a $94m net profit in the same period a year earlier. The world’s third largest container line says that its unit costs fell 10.9 percent year on year, thanks to falling oil prices, reporting operating expenses during Q2 at $3.7 billion compared to $3.9 billion during the same period last year.
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
Four carriers have announced a new OCEAN Alliance to start next year. Where does this leave those carriers left behind? To the surprise of many it was announced last Wednesday that four carriers – CMA CGM, COSCO Container Lines
The following statement was released by the rating agency: Mergers and acquisitions, rather than the historically more popular alliances, are inevitable to address chronic overcapacity and drive further cost savings in container shipping, Fitch Ratings says
The European Commission said on Friday it had cleared French shipping group CMA CGM's $2.4 billion takeover of Neptune Orient Lines on condition that NOL pulls out from a rival shipping alliance. The announcement confirms a Reuters report on April 21 about the impending approval.
CMA CGM, a leading worldwide shipping Group, pays tribute to Zaha Hadid, who sadly died on March 31st. Zaha Hadid a renowned architect and 2004 Pritzker Prize Winner, completed the CMA CGM Tower in Marseilles as one of her major projects.
The Taiwanese carrier Wan Hai takes the plaudits with carriers' operating profit margins according to Alphaliner’s survey of the 16 main carriers that published full year financial results for 2015. The report shows that, Wan Hai is the most profitable container line
French container shipping group CMA CGM has offered concessions in a bid to win European Union antitrust approval for its $2.4 billion takeover of Singaporean rival Neptune Orient Lines. CMA CGM, which ranks behind No. 1 Maersk Line and Swiss peer MSC in global shipping
According to WSJ report, deals involving Cosco, China Shipping, CMA CGM and Neptune Orient Lines to bring major changes in global shipping alliances. China Cosco Shipping and CMA CGM are hoping to form a new alliance with OOCL, Evergreen Line
Pirates have attacked the Liberian-flagged 4,360 TEU CMA CGM Turquoise, kidnapping two crew members off the coast of Nigeria, with the remainder of the crew said to be safe. Turquoise, managed by Dioryx Maritime Corp. in Greece
China's COSCO Container Lines chose new alliance partners based on size and the value of arrangements, executives from the firm and parent China COSCO Shipping said at a press conference in Shanghai on Wednesday. The executives said four partners plan to inject 3
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
China COSCO Shipping Corp Ltd and three partners, including France's CMA CGM SA, announced a new shipping partnership, OCEAN Alliance, formed to challenge 2M - the world's largest container carrier alliance. Other members of the new COSCO alliance are Taiwan-based Evergreen Line and
EU approval conditional on NOL pulling out from G6 alliance. French shipping group CMA CGM's $2.4 billion takeover of Neptune Orient Lines is set to be cleared by the European Union's competition regulators, on condition that NOL pulls out from a rival shipping alliance
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