The CMA CGM Group has acquired the German shipping company Oldenburg-Portugiesische Dampfschiffs-Rhederei GmbH & Co. KG (OPDR), CMA CGM founder, chairman and CEO Jacques R. Saadé announced during his visit in Hamburg, Germany on November 25. The closing of the transaction remains subject to the approval of the relevant regulatory authorities. OPDR, a shipping company owned by the Bernhard Schulte Group, specializes in short sea shipping and door-to-door logistics for North Europe, Canary Islands, the Iberian Peninsula and Morocco. With its more than 200 dedicated collaborators and its network of agencies, the company connects Europe, Scandinavia and North Africa. Farid T. Salem, CMA CGM Group Executive Officer, who led this acquisition, said, “This new acquisition reinforces the group’s presence on the growing intra-European short sea transportation market. This is a continuation of our strategy to broaden our regional network, a strategy which began with the acquisition of MacAndrews in 2002. As with MacAndrews, we plan on maintaining and developing the OPDR company, as well as creating new synergies with both MacAndrews and the CMA CGM Group”. OPDR operates five different services between: North Europe and the Canary Islands, Seville and the Canary Islands, North Europe, Spain, Portugal and Morocco, North Europe and Morocco, North Europe, Spain and Scandinavia.
Mediterranean Shipping Company (MSC)announced that the company now offers new direct service to West Mediterranean ports in addition to its existing North Atlantic Service. This service is being operated using five 1200 TEU capacity vessels on a weekly basis. The new service rotations are: Boston, New York, Baltimore, Charleston, Savannah, Freeport, Valencia, Naples, La Spezia and returning to Boston. "This service enhancement provides more cargo space and better transit time for
United Arab Shipping Company announced that the AEC1 service will start new direct calls to Jebel Ali. With that UASC would be adding a direct service from/to North Europe with competitive transit times offering 17 days from the last port in Europe and 25 days from Jebel Ali to the first port in North Europe. To that effect UASC Doha has called at Jebel Ali on May 6th and 7th, 2011. UASC remains committed to offering a wider network of fast and reliable services with highly competitive
Hamburg Süd and Seago Line to expand cooperation between North Europe and Eastern Mediterranean Hamburg 1 December 2011. With the aim of providing significantly more cost-efficient services, Hamburg Süd and Seago Line are pleased to announce that they are to enhance their cooperation in the tradebetween North Europe and Eastern Mediterranean. Both lines had responded to unfavourable market developments in this trade in August 2011 by combining their services
The CMA CGM Group informs it has reorganized its container shipping lines between Asia and Europe with the reshuffle of its FAL1 and FAL3 services to better meet clients’ needs and optimize vessel utilization, notably increasing Chinese ports coverage with the group’s largest ships. Starting June 24, with the aim of improving North China coverage, CMA CGM will reorganize its FAL1 service rotation, which deploys the group’s largest vessels
Worldwide shipping firm the CMA CGM Group announced plans to upgrade its services joining Europe to Africa, altering its EURAF 1, EURAF 2 and EURAF 4 services with the goal of providing a more complete service offering to Africa, North Europe and the Mediterranean. The EURAF 1 service, that connects North European to West African markets, will add a call at London Containers Terminal – Tilbury each week
Japan's Mitsui O.S.K. Lines Ltd. has ordered three Post-Panamax container ships for delivery between March and September 2001. The three ships, to be built by Japanese shipyard Imabari Shipbuilding Co Ltd., will have a capacity of 5,500 teu. The ships would be deployed in the company's Asia-North Europe service run with partners APL and Hyundai Merchant Marine.
Hatsu Marine Ltd., has added two more post-Panamax container vessels, the Hatsu Crystal and Hatsu Smile, to its worldwide fleet. The 8,063 TEU C-type vessel Hatsu Crystal has been phased into the Evergreen Group’s CEM service where slots are allocated between Evergreen Marine Corp., Italia Marittima and Hatsu. The CEM service links China with North Europe and the Mediterranean, and is now served by an identical fleet of C-type vessels
Lauritzen Cool Logistics (LCL) the logistics subsidiary of reefer vessel owner and operator NYKLauritzenCool, provides customized multi-modal and multi-destination door-to-door logistic services for perishables and reefer cargo. After establishing in major producing and consuming areas such as Latin America, South Africa, North Europe and the USA, LCL started its expansion in the Mediterranean region in January 2005 by opening LCL Iberia in Valencia.
Hamburg Süd and Maersk Line have announced the formation of a new vessel sharing agreement. Subject to regulatory approval the two lines will establish a weekly service from Australia/New Zealand to the East Coast of North America. Twelve vessels with a nominal capacity of 2,800 TEU and a reefer plug capacity of 530 plugs will be employed. Each carrier will provide six vessels. In line with our customers' requirements the new service will offer
Further widening of the supply-demand imbalance at the trade route level and insufficient measures to reduce ship capacity will lead to an acceleration of freight rate reductions and industry-wide losses in 2016, according to the latest Container Forecaster report published by global
CMA CGM has announced that a new direct EB call at Shanghai, the first container port in the world, is to be introduced on the rotation of its FAL 1 service ex-North Europe. Starting in Southampton on January 11th, 2016 with m/v CMA CGM KERGUELEN voy
From mid-February, Hapag-Lloyd will introduce a new Black Sea Mediterranean Express (BMX) service. The new short sea service offers customers a weekly connection between ports in Egypt, Israel, Turkey and major Black Sea ports with competitive transit times
South Carolina Ports Authority posts container volumes growth in 2015; Charleston welcomes new multipurpose carrier service South Carolina Ports Authority (SCPA) posted 10 percent container growth in 2015, a year highlighted by strong volumes and significant progress on the harbor
Major container shipping rates plummeted again this week, with declines on the trunk Shanghai-Europe routes falling at record amounts, says Shangahi Containerised Freight Index (SCFI). A eport in ASC says that the SCFI for Far East to North Europe dropped by a staggering
Slowing global trade and a bloated orderbook of large vessel capacity mean that container shipping is set for another three years of overcapacity and financial pain, according to the latest Container Forecaster report published by global shipping consultancy Drewry.
For the benefit of increased schedule reliability, Hapag-Lloyd and partner lines have decided to take the following measures: Implementation of a fourth vessel in AT2 Replace the Liverpool eastbound call on AT1 by a Southampton call on AT2
United Arab Shipping Company (UASC) hosted an event in Hamburg this week to celebrate one of the world’s most environmentally friendly ultra-large container vessels M.V. Al Muraykh, delivered in August 2015, with its banking partners.
Following its core strategy of continuous Africa Lines service upgrade, CMA CGM is pleased to present its latest significant improvement on its NOURA EXPRESS service connecting East Africa with Europe. Starting end of November 2015 with m/v MARIE DELMAS
The idle containership fleet has reached its highest level in five years, with over 1 Mteu of vessel capacity currently unemployed. Carriers are removing capacity on most main tradelanes in response to weak market demand
The world's biggest container-ship operator Maersk Line has confirmed market talk that it has temporarily idled one of its largest vessels - yet another sign that the industry is in dire straits, says a report in the The Straits Times.
The Port of Salalah, a major Arab Gulf region gateway port and transshipment hub on the Arabian Sea, has announced that French-based CMA CGM, the world’s third-largest container shipping line, will add two new weekly services to East Africa, and Europe
The MSC Maya, the fourth of 20 Oscar-Class Ultra-Large Container Ships (ULCS), arrived at APM Terminals Gothenburg on December 21 from the Port of Bremerhaven as part of the regular port rotation of the Maersk Line/Mediterranean Shipping Company AE-2/Swan Far East/North Europe Service in the
The MSC Maya, the fourth of 20 Oscar-Class Ultra-Large Container Ships (ULCS), arrived at APM Terminals Gothenburg on December 21 from the Port of Bremerhaven as part of the regular port rotation of the Maersk Line/Mediterranean Shipping Company AE-2/Swan Far East/North Europe Service in
The latest edition of Hackett's Global Port Tracker North Europe Trade Outlook predicts cargo volumes on the route may fall this year, with a decline of as much as 4% of total moves at ports in Northern Europe. It predicts declines in container volumes at European ports in the first