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
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
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
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.
The Grimaldi Group ordered five Ro-Ro Multipurpose Car Carriers for its Atlantic Services. The order was placed with Hyundai Mipo Dockyard of Ulsan, South Korea, and its value is at around $430 million. The first ship is scheduled to enter service in spring 2010, with the others following at a few months interval one from each other, between 2010 and 2011. They are almost identical sisters of another 5 ships contracted with Uljanik Yard of Croatia
On July 15, the European Commission published the proposed amendments of the "sulphur directive." Ministers of the EU member states and members of European parliament will begin debates on the directive in the autumn. The proposal is based on the decision made by the International Maritime Organization IMO in 2008 to set the more stringent limits of sulphur content of the bunker fuel and emissions. The severe consequences it will cause to the North Europe have become clear
Two leading container shipping lines United Arab Shipping Company (UASC) and Hamburg Süd have signed a global cooperation agreement after a series of discussions focused on the companies’ respective customers’ business needs, key growth areas and operational requirements
Container port congestion has been hitting the headlines recently, but the reasons for it vary widely and in many cases it is only a short term issue. Certain world regions though may be at greater risk of persistent congestion in the longer term
As Britain’s new hub port celebrates its first birthday DP World London Gateway has expanded its network of shipping links and destinations, attracting a series of new deep-sea container shipping services. Mediterranean Shipping Company (MSC) has confirmed that from next month (December)
The race is on in global maritime circles to be the “world’s first” in every aspect of environmental friendliness, particularly in regards to the incorporation of LNG as fuel onboard commercial ships. There was yet another “world first” today in South Korea at the
India will hardly be impacted by the planned P3 network not getting implemented. The Chinese Ministry of Commerce (MOFCOM) have announced that they have not approved the P3 Network (Maersk Line, MSC and CMA CGM). The MOFCOM’s decision follows a review under China's merger control rules.
U.S. Federal Maritime Commissioner William P. Doyle issued the following statement regarding China’s decision on the proposed P3 Network: The People’s Republic of China has rejected the P3 Vessel Network Sharing Alliance based on the competition concerns in the Asia-Europe shipping
So, Maersk, MSC and CMA CGM will not be allowed to form what would have been the largest mega-alliance in the shipping industry. But what are the implications, and what is likely to happen next? Drewry Martime Research consider these questions in their latest Container Insight Weekly.
The North Europe Service 1 (NE-1) run by shipowners ZIM Integrated Shipping Services and MSC Mediterranean Shipping Company is a liner service linking Hamburg weekly with Israel via the Mediterranean. Transport volumes have grown continuously since 2007, in all by around 21 percent
Maersk Line announces cooperation on the East-West trades with MSC Maersk Line today announced a 10-year Vessel Sharing Agreement (VSA) with Mediterranean Shipping Company (MSC) on the Asia-Europe, Transatlantic and Transpacific trades. The VSA, to be referred to as 2M
Maersk and MSC have just announced a mega vessel sharing agreement that will replace their failed P3 alliance early next year. It will be smaller, and compare well in size with the G6 and CKYH alliances – but what about CMA CGM? Drewry Maritime Research consider the question in their latest
The containership Hanjin Milano made its maiden call at Conley Terminal Friday, the Massachusetts Port Authority (Massport) announced. This is the first time that Hanjin Shipping has called the Port of Boston directly, opening a new channel of economic impact for the region.
Evergreen Line’s ItalLunare celebrated its maiden call to the Port of Boston with an official first call and plaque presentation on Wednesday, the Massachusetts Port Authority (Massport) announced. This is the first time Evergreen Line has called Boston directly in nearly 30 years.
Contrary to the views of some in the industry, Ultra Large Container Vessels are continuing to call at multiple North European ports per loop and are not concentrating on a mega-hub, according to Drewry’s latest Container Insight Weekly, excerpted here.
The strength of first-half 2014 container flows from Asia to Europe flies in the face of the macro-economic data coming out of Europe, says Drewry Maritime Research (DMR) in their latest ‘Container Insight Weekly’, excerpted here.
Last Tuesday’s announcement of the formation of the “Ocean Three” alliance – actually a combination of vessel sharing, slot exchange and slot charter agreements – confirmed one of the worst kept industry secrets