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
CMA CGM will increase rates US$900 per TEU from all Asian ports to the Mediterranean including the Black Sea and North Africa - and EUR800 (US$892.93) per TEU to Syria from March 1. The Frech shipping giant will also increase rates US$250 per TEU and $400 per FEU on 40-foot high cube dry containers and tank containers from north Europe to the Far East from March 15. "In a continued effort to provide quality services
APL today announced the launch of the Atlantic Gulf Express (AGX) Service – a direct Trans-Atlantic service which connects the key markets of North Europe, US South Atlantic and Gulf of Mexico. “Directly connecting the Port of Le Havre and Miami, the new AGX service will serve as a unique and market-leading Trans-Atlantic service that enables shipments across the US East Coast, North Europe and Mexico markets
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.
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
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
The contract freight rate benchmarking company Xeneta warned about further uncertainty for the global container shipping market in 2017. Although rates have risen significantly from the historic lows of early 2016, giving battered ship owners some reprieve
Container shipping company Hapag-Lloyd held the naming ceremony for its newest German flagged containership, the Cartagena Express, at the Hyundai Samho Heavy Industries shipyard in Samho, South Korea. “With the Cartagena Express, yet another state-of-the-art ship of our 10
Container shippers Maersk Line and Hamburg Süd announced a slot purchase agreement for Hamburg Süd’s volumes on the East–West trades to be shipped on vessels in the 2M network. Maersk Line acquired Hamburg Süd in December 2016
Maersk Line introduces a new service – the AE7 – on the Asia-North Europe trade and a new service – the TP16 – on the Transpacific trade. The new services will enable MSC and Maersk Line to accommodate the incoming volumes from the recently announced slot purchase
United European Car Carriers (UECC), which is equally owned by NYK and Wallenius Lines, took delivery of the world’s first LNG-fueled Pure Car and Truck Carrier from Kawasaki Heavy Industries Ltd. on September 29 at the NACKS shipyard in Nantong, China.
If both APL and UASC are included within their new parents, the top five ocean carriers now control approximately 54 percent of the world’s containership fleet, says Drewry. In 2015, the top 10 carriers were close to controlling 90 percent of the market
In-depth analysis of Q3 container shipping costs reveals positive trends for the beleaguered container carrier segment, according to Xeneta, a benchmarking and market intelligence platform for containerized ocean freight. However, the market remains highly complex and unpredictable
CMA CGM improves its FEMEX service between North Europe and Turkey, adding the ports of Felixstowe, Valencia and Piraeus CMA CGM announced the extension of its port coverage and its competiveness in the Mediterranean, CMA CGM will consolidate its own FEMEX service jointly with SEAGO and
The commercial short sea bulk activities of traditionally shortsea ship owners Carisbrooke Shipping Ltd and Nova Marine Carriers SA will be expanded and consolidated effective January 1, 2017. Notwithstanding both groups’ commercial networking offices
The members of THE Alliance announced the details of the plan for their product starting from April 2017. THE Alliance plans to deploy a fleet of more than 240 modern ships in the Asia /Europe, North Atlantic and Trans-Pacific trade lanes including the Middle East and the Arabian Gulf/Red Sea
The withdrawal of Hanjin tonnage has not been enough to rectify the trade’s supply-demand imbalance and headhaul ship utilisation is lower compared to other major East-West markets. Westbound volumes rose by 1.8% in the third quarter and the growth rate for the year to date is now
CMA CGM is pleased to announce an improved service offer directly connecting North Europe with Central America. The enhanced ECS service will provide one of the shortest transit times on the market, linking Rotterdam from Costa Rica in only 14 days and adding London as a port of call in 15
Hapag-Lloyd held a naming ceremony for the first of its five new vessels in its new 10,500 TEU class containerships, Valparaíso Express. Valparaíso Express was named by Rozío Gonzaléz – wife of Andrónico Luksic
CMA CGM has informed that Brisbane, Australia, will be added to the rotation of its PANAMA DIRECT (PAD) service as from m/v HARMONY N voy. 081RPS-082RPN, ETA Brisbane on February 1st, 2017. This new call will allow PANAMA DIRECT to become the only direct service connecting North
CMA CGM’s European Caribbean Service is to begin calling at DP World London Gateway Port following enhancements to the rotation. It means that this particular service will be calling in the UK for the first time on Friday, January 6.