Opdr News

CMA CGM will retain the only Containerships brand for its intra-European operations, giving up MacAndrews, which had already erased OPDR."Containerships: from April 1st, 2019 a single brand resulting from the union of two experts of intra-European transport CMA CGM reinforces its strategy aimed at densifying its regional coverage to the benefit of its clients," said a press release from MacAndrews.According to the French container transportation and shipping company, by joining the forces of two recognized experts of intra-European multimodal transport, the CMA CGM Group will create and develop an Intra-European leading brand, combining unique maritime and inland solutions with complementary regional footprints.Acquired by the CMA CGM Group in 2018…

The CMA CGM Group announced it will merge its subsidiaries MacAndrews and OPDR effective January 1, 2018.,  in line with the Group’s strategy to develop its intra-regional activities Headquarters will be located in Hamburg. The union between these two companies specialized in intra-European transport enables the CMA CGM Group to strengthen its multimodal offer in Europe, particularly thanks to the complementarity of the geographical zones covered today by MacAndrews and OPDR, iCMA CGM said. MacAndrews will bring together the strengths of the two subsidiaries and will be characterized by: a presence in 16 countries, 36 agencies, 595 employees (310 OPDR / 285 MacAndrews) and 18 services. Acquired by CMA CGM in 2002, MacAndrews is the oldest shipping company in Europe.

CMA CGM announced it will purchase through its subsidiary, ANL, the majority of the shares in SOFRANA Unilines, a key player in the Pacific Islands regional maritime trade. With operations in the South Pacific region for almost 50 years, SOFRANA Unilines operates directly or in partnership a fleet of 10 vessels on eight trade-lanes, servicing 21 ports in Australia, New Zealand, Papua New Guinea and the Pacific islands. Together with CMA CGM’s ANL, who already offers 16 trade lanes servicing major ports throughout Australia…

The short sea shipping expert OPDR, as part of the CMA CGM Group, will call a new terminal in the Port of Hamburg: the C. Steinweg Group’s Süd-West-Terminal (SWT). The first OPDR vessel will call the SWT on October 11th 2016. The Süd-West-Terminal is a highly flexible multi-purpose terminal that provides best conditions and features for the handling of short sea vessels. Situated in the heart of the port, the terminal offers more than 210,000 square meters of operational area with excellent road and railway connection as well as 65,000 square meters of covered warehouse space.

OPDR has updated its established TANCAS service, connecting two Moroccan ports with three ports in Northern Europe. Starting on June 21 in Rotterdam, the revised service offers improved transit times while maintaining high schedule integrity. The TANCAS service links the two major Moroccan ports Tangier and Casablanca to the top 3 European ports, namely Rotterdam, Hamburg and Antwerp. OPDR will thus offer attractive possibilities for customers who require a reliable and direct connection between the above-mentioned ports.

OPDR announced its new CAVA service, starting June 7, to connect the Spanish east coast with northern European ports, including Saint Petersburg. It will further increase OPDR’s weekly sailings from the Iberian Peninsula to Northern European ports to 23 sailings per week. The new service links the Spanish ports Valencia and Cartagena to four ports in northern Europe: Tilbury, Antwerp, Rotterdam and Saint Petersburg. Therefore, the new CAVA service is particularly interesting for customers in the business of fast moving goods…

In third-quarter 2015, CMA CGM once again outperformed the market average in an industry shaped by a sharp fall in freight rates and overcapacity in certain markets. Freight rates were especially weak on certain lines, including Asia-Europe. Other lines such as Transpacific routes continued to benefit from a better balance between supply and demand. CMA CGM has adjusted its capacity accordingly. Volumes carried jumped 3.4% to 3.3 million TEUs, helping to stem the 9.0% decline in the Group's revenue to $4.0 billion. There was a further fall in unit costs over the period, down 10.7% on the back of the decline in bunker prices. The Group protected its margins, reporting core EBIT of $158 million and a core EBIT margin of 4% over the quarter.

French container shipping company CMA CGM has upgraded its services in Morocco, offering improved connections for the country’s citrus and vegetable exports to key markets including Russia, France, Spainand the UK. Via its subsidiary OPDR, the group said it had re-configured its operations to provide the Moroccan fresh produce export trade with five maritime services, offering new transport links to Russia, northern Europe, North America, the Middle East and Africa. The port of Agadir is the heart of Moroccan citrus fruit and vegetable production, and will thus be served with three weekly calls serving northern Europe and Russia, via the Dunkrus, Ciss and Agax services.

* Volumes carried during the second quarter increased by 6.2% year-on-year, to 3.3 million TEUs, compared to global market volume growth of between 1% and 2%. * Average revenue per container carried decreased by 7.8%. However, this decrease was significantly less than benchmark indices for the period due to the broad diversity of the Group's customers and lines. * Unit costs fell 10.9%, largely due to the sharp fall in oil prices. * Core EBIT surged 59.3% compared to the second quarter of 2014 to $325 million, as the Group’s lower unit costs outpaced the decline in average revenue per container carried. The core EBIT margin of 7.9% was once again significantly above peer averages. * Consolidated net profit group Share came to $156 million, up 66.7% on second-quarter 2014.

The CMA CGM Group announced that the European Commission has approved its acquisition of OPDR. In order to finalize the acquisition, which was announced on November 25, 2014 by Jacques R. Saadé, founder, Chairman and Chief Executive Officer of the CMA CGM Group, the approval of Moroccan and European Union competition authorities was necessary. On June 29, the European Commission finalized the process by giving its approval without any conditions. OPDR is a sea carrier that was part of the Bernhard Schulte Group. It is specialized in short sea maritime services and door to door logistics solutions between North Europe, the Canary Islands, the Iberian Peninsula and Morocco. The company employs 200 persons in different agencies. North Europe and Morocco.

French container line operator CMA CGM has announced that its 2014 net consolidated profits rose by 43% over the previous year to USD584 million thanks to a growth in volume and significantly reduced costs. Consolidated operating revenue for the company increased by 5.3% in 2014, compared with the previous year, to $16.7bn on an 8.1% volume increase to 12.2m teu, which CMA CGM said was mainly attributable to east-west gains. Volumes carried rose by 8.1% year on year (y/y) to 12.2 million teu and revenues increased 5.3% to USD16.7 billion. However, but core EBIT (earnings before interest and tax) surged 28.8% to USD973 million. The result…

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.

Gibdock has continued to see its stock rise amongst the German shipowner community over the past year. Indeed the Gibraltar ship repair yard’s recent client list reads like a ‘Who’s Who’ of leading German shipowners and managers, underlining the fact that it enjoys a very positive reputation in this particular market. German owners and operators that have recently docked vessels at Gibdock include Oscar Wehr, Reederei üngerhans, E.Oldendorff, Peter Döhle Schiffahrt, Brise Bereederung, Asterion Tankers, Ahrenkiel, OPDR, Hans Peterson, John T. Essberger, Reederei Draxl, Columbia Shipmanagement, Thien & Heyenga, and Interorient.

Gibdock remarks it has continued to see its stock rise amongst the German shipowner community over the past year. Indeed the Gibraltar ship repair yard’s recent client list reads like a ‘Who’s Who’ of leading German shipowners and managers, underlining the fact that it enjoys a very positive reputation in this particular market. German owners and operators that have recently docked vessels at Gibdock include Oscar Wehr, Reederei Jüngerhans, E.Oldendorff, Peter Döhle Schiffahrt, Brise Bereederung, Asterion Tankers, Ahrenkiel, OPDR, Hans Peterson, John T. Essberger, Reederei Draxl, Columbia Shipmanagement, Thien & Heyenga, and Interorient.