CMA CGM Invests in NYSHEX Market
CMA CGM, a world leader in container shipping, is pleased to announce its participation in the first ever New York Shipping Exchange (NYSHEX) fundraiser, the first digital marketplace for ocean freight contracts. This investment is made alongside Hapag Lloyd, GE Ventures and Goldman Sachs, for a cumulative investment of $13 million. It is carried out through CMA CGM Ventures, the corporate venture structure recently created by the CMA CGM Group and dedicated to investments in innovative technologies. With this investment, CMA CGM, which already accounts for nearly 80% of its bookings by electronic means, meaning more than 6 million transactions per year, continues its digital transformation. Rodolphe Saadé, CEO, has made the Group's digitalization one of its four priorities.
Proposed Terminal to Bring LNG to Florida
Clean Energy Fuels Corp. announced that it has placed a purchase contract on property where it hopes to build a liquefied natural gas (LNG) fuel terminal in Jacksonville, Fla. This would be the first LNG facility on the Eastern seaboard to specifically supply LNG for the maritime, heavy-duty trucking and rail industries. The planned facility is the first project to be developed by Eagle LNG Partners, the recently-announced consortium of Clean Energy, GE Ventures, GE Energy Financial Services and Ferus Natural Gas Fuels, formed to jointly deliver the cleaner-burning, less-costly fuel in the United States. “Establishing LNG capacity in Jacksonville is a critical strategic effort to enable LNG fueling throughout the Southeast region for our various market segments…
