Cma Cgm News

27 Mar 2020

Stena Bulk to Run MR Tanker on 100% Biofuel

During the coming weeks, MR tanker Stena Immortal will run on 100% biofuel (Photo: Stena Bulk)

Swedish based tanker shipping company Stena Bulk will become the latest to run a ship on biofuel as owners and operators explore alternative fuels to help slash emissions.During the coming weeks, Stena Bulk will perform a test running MR tanker Stena Immortal on 100% MR1-100 bio-fuel oil, produced from used cooking oil and supplied by GoodFuels in Rotterdam.The clean fuel made from used cooking oil has been bunkered onto the Stena Immortal and will be used to power the main engine in normal operations to test and prove the technical and operational feasibility…

26 Mar 2020

CMA CGM Completes Sale of Eight Terminals

© miraswonderland / Adobe Stock

CMA CGM said on Thursday it has completed the sale of stakes in eight port terminals for $815 million to its joint venture with China Merchants Port Group.Late last year, CMA CGM reached a deal with China Merchants to sell stakes in 10 port terminals to the companies' Terminal Link venture for $968 million, as part of efforts by CMA CGM to finance its acquisition of Swiss-based CEVA Logistics and reduce group debt.The first eight terminals included in the transaction are Odessa Terminal (Ukraine)…

20 Mar 2020

China's Reefer Situation Improving

© donvictori0 / Adobe Stock

Chinese port workers have made progress to move a logjam of refrigerated containers that has disrupted supplies of fresh and frozen food and pushed up freight rates outside China amid the coronavirus outbreakFrench container carrier CMA CGM told customers on Friday that the reefer plug utilization has improved in Chinese ports, and almost all reefers diverted to other ports are in the process to be loaded back to their final destination.CMA CGM said it would cancel the port congestion…

06 Mar 2020

CMA CGM: Virus Impact Limited as China Activity Resumes

Photo: CMA CGM

French shipping group CMA CGM said its operations in China were returning to normal after the coronavirus outbreak crippled traffic last month, forecasting the health emergency would have a limited impact on its results this year.CMA CGM, the world's fourth-largest container shipping firm, expects to return to normal fleet capacity in China from mid-March after seeing signs of industrial production picking up as of late February, it said in a results statement on Friday.The new coronavirus…

05 Mar 2020

CMA CGM Reorganizes its SIRIUS Service

Image: CMA CGM

French container transportation and shipping company CMA CGM announced the reorganization of its SIRIUS service connecting the Mediterranean with the East Coast of South America, effective March 2020.The new rotation will concentrate on our hub ports of Algeciras and Tangiers from where connections to and from Mediterranean ports will be made with our extensive inhouse mother & feedering network.The weekly service will be maintained with 6 vessels (of which 2 operated by CMA CGM)…

18 Feb 2020

Hapag-Lloyd: Asia Business 'Overall Stable' Amid Virus Outbreak

(Photo: Hapag-Lloyd)

German container shipping line Hapag-Lloyd said on Tuesday its business in Asia was "overall stable," although the coronavirus outbreak had extended the traditionally slack period around China's Lunar New Year holiday.China's efforts to control the virus had extended the normal factory shutdowns for the New Year festivities to anywhere between Feb. 8 and Feb. 14, depending on the region, a spokesman for the world's fifth largest container carrier told Reuters.However, Hapag-Lloyd's fleet was operating largely as normal…

12 Feb 2020

CMA CGM Joins Energy Observer in Hydrogen Project

Image: Energy Observer

French shipping giant CMA CGM is joining forces with Energy Observer within a project focusing on testing the potential of hydrogen as a marine fuel.Energy Observer, formerly a racing catamaran, is now an experimental platform for tomorrow’s energy sources. It is sailing round the world in order to speed up development of the innovative solutions for the environment.This partnership with CMA CGM deals with the development of cleaner and more sustainable energies to eliminate CO2 emissions, greenhouse gases and air pollutants.

06 Feb 2020

Coronavirus Disrupts Global Container Shipping

© naypong / Adobe Stock

China's fast-spreading coronavirus is throwing the global container shipping trade out of sync, with lines re-routing cargoes and reducing calls to Chinese ports, setting the scene for months of delivery delays ahead, industry sources said.The spread of the deadly virus has shut down cities and factories in China and disrupted global air travel.China's decision to extend its Lunar New Year holiday period until Feb. 10 has compounded logistical complications, despite its ports staying open.

26 Jan 2020

Hamburg Port Defends Service Losses

CMA CGM ships in Waltershofer harbour © HHM / Dietmar Hasenpusch

Germany's largest port, the Port of Hamburg not expecting reduction in container throughput caused by liner service changes announced by Ocean Alliance and Maersk.From April, the Ocean Alliance NEU 5 service handled by EUROGATE Container Terminal Hamburg ‚Äď CTH is being transferred to Antwerp, said a press release from the a sea port on the river Elbe in Hamburg, Germany, 110 kilometres from its mouth on the North Sea."This service will be run by the Ocean Alliance Partner, CMA CGM as FAL 3 with an approximate annual volume of 150‚Ķ

23 Jan 2020

Jan De Nul Completes Guayaquil

Image: Jan De Nul

After nine months of dredging, Jan De Nul Group has reached an important first milestone by completing the deepening of the 95 km long access channel to the port in record time.The Municipality of Guayaquil (Ecuador) officially inaugurated its newly deepened maritime access channel last weekend, by welcoming the first Neo-Panamax vessel APL Esplanade in the port.Jan De Nul Group will now operate and maintain the channel under this 25-year concession contract. The total investment…

16 Jan 2020

Port NOLA Sets New Box Record

Image: Port NOLA

Louisiana’s only international container port Port of New Orleans (Port NOLA) moved more containers in 2019 than at any time in its history, totaling 648,538 twenty-foot equivalent units (TEUs), up 10% compared to one year ago.The multimodal gateway for global trade said in a press release that the record marks the sixth consecutive year the Port surpassed the half million TEU-mark at its Napoleon Avenue Container Terminal, which is operated by New Orleans Terminal and Ports America.“Port NOLA has now seen double-digit growth in total container volumes for two consecutive years…

08 Jan 2020

Dunkirk Port Switches on Cold Ironing

Image: CMA CGM

French container line CMA CGM announced that its ship APL Singapura has inaugurated the cold ironing facilities of the Terminal des Flandres in the Port of Dunkirk.By plugging into an onshore electricity supply (also known as "cold ironing"), container ships calling at port can shut down their auxiliary engines while still getting the power they need, particularly in order to maintain controlled temperatures in refrigerated containers (Reefers).This innovative technology has significant environmental benefits…

20 Dec 2019

CMA CGM: Terminal Deal with China Merchants Complete

A file image of a CMA CGM boxship (CREDIT: © CMA CGM)

CMA CGM said on Friday it had finalized an agreement with China Merchants Port Holdings Co.

16 Dec 2019

CMA CGM Welcomes 4th LNG-Powered Ship

Photo: CMA CGM Group

CMA CGM's Containerships has announced delivery of its fourth container ship powered by liquefied natural gas (LNG), the 1,380-TEU Containerships Arctic.After the introduction of its three sister ships, the CMA CGM Group took delivery of the Containerships Arctic, on December 10th, 2019. Once it will have made its way from Guangzhou Wenchong Shipyard to Europe, the vessel’s first LNG bunkering will be carried out in Rotterdam. There, it will fuel an approximate of 200 metric tons…

04 Dec 2019

CMA CGM and Total to Develop LNG Ship Refueling in Marseille

© saiko3p / Adobe Stock

Container shipping firm CMA CGM will use the French Mediterranean port of Marseille for refueling some of its planned gas-powered vessels, backed by a supply partnership with energy group Total.Total will supply liquefied natural gas (LNG) and a refueling barge to enable CMA CGM to refuel LNG-powered vessels at the Marseille-Fos hub starting in 2021, the companies said in a joint statement on Wednesday.The initiative covers five vessels with a capacity of 15,000 twenty-foot equivalent…

03 Dec 2019

CMA CGM Initiates Global Energy Coalition

Photo: CMA CGM

Rodolphe Saadé, Chairman and Chief Executive Officer of the French container transportation and shipping company CMA CGM Group recommended that French President Emmanuel Macron initiate an international coalition for the energy transition of the transportation sector whose priority will be to develop a more competitive and less carbon-intensive energy source.Rodolphe Saadé stressed the need to improve the cooperation of all those working on near-term solutions to replace fossil fuels in the transportation and logistics sectors.The French President accepted to actively support this initiative‚Ķ

27 Nov 2019

CMA CGM to Raise $2bn Via Selling Terminal, Ships

Pic: CMA CGM

French container shipping giant  CMA CGM plans to sell selected port terminals, ships and other assets to raise roughly $2 billion to finance its acquisition of CEVA Logistics, according to Reuters.Chinese state-owned conglomerate China Merchants Port has entered into a Memorandum of Agreement (MOA) with CMA CGM to acquire interests in a portfolio of 10 terminals from the French container line and its affiliates via Terminal Link for a total consideration of $955 million.As part of the deal‚Ķ

14 Nov 2019

CEVA Logistics Opens Marseille HQ

© CMA CGM

On the occasion of his visit to Marseille for the National Industry Council, Prime Minister Edouard Philippe came to inaugurate the new global headquarters of CEVA Logistics, a subsidiary of the CMA CGM Group, with Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group.The Prime Minister was accompanied by Elisabeth Borne, Minister for the Ecological and Inclusive Transition, the President of the South Region, Renaud Muselier, and Nicolas Sartini, Chief Executive Officer of CEVA Logistics.With the acquisition of CEVA Logistics in May 2019‚Ķ

10 Nov 2019

DP World JV Wins French Port Gig

Image: Générale de Manutention Portuaire (GMP)

Generale de Manutention Portuaire (GMP), a joint venture between Dubai-based trade enabler DP World and French shipping line CMA CGM, has been awarded the service concession for the construction and operation of berths 11 and 12 at Port 2000 in Le Havre.According to a press release from the French port, the terminals of Port 2000 In Le Havre are trade-enabling gateways for cargo entering the French consumer markets. Recognizing the strategic importance of Port 2000, GMP has been…

04 Nov 2019

Boston’s Conley Terminal Receives Two New RTG Cranes

Photo: Massachusetts Port Authority

On Saturday, November 2nd, the Massachusetts Port Authority (Massport) received two new rubber-tired gantries (RTGs), increasing the number of RTGs at the Paul W. Conley Container Terminal to 16. Adding equipment is part of an $850 million investment to keep Conley Terminal competitive and efficient with truck turntimes averaging under 35 minutes. Another two RTGs were also delivered back in May. The Port of Boston contributes over $8 billion to the regional economy and supports more than 9,000 direct jobs.

22 Oct 2019

CMA CGM Launches Trade Finance Service

French shipping line CMA CGM has launched Shipfin Trade Finance (STF) , its new range of financing services dedicated to importing and exporting, in partnership with invoice finance platform Incomlend.The STF portfolio of products is, according to the carrier, ‚Äúsimple, reliable and rapid,‚ÄĚ offering importers and exporters tailored financial solutions ranging from extended payment terms to financing advances.CMA CGM Group further explained that it wants to support its customers‚Äô business through financing solutions tailored to their needs.

28 Oct 2019

Nike Takes Arctic Shipping Pledge

Image: Nike

Nike and Ocean Conservancy are encouraging businesses to avoid shipping routes via the Arctic Ocean, with the launch of an ‚ÄėArctic Shipping Corporate Pledge.'As climate change causes Arctic sea ice to diminish, cargo traffic through previously unnavigable ocean routes becomes increasingly feasible. Though these routes can offer decreased transit times, the possibility of increased vessel traffic across the Arctic poses great risk and potentially devastating environmental impacts for one of the world‚Äôs most fragile regions.‚ÄúAt Nike, we exist to serve athletes.

28 Oct 2019

Hamburg, India Sea Trade Up by 17%

Photo: © HHM / Dietmar Hasenpusch

In the 2019 first half, 106,000 TEU - 20-ft standard containers - were handled in Hamburg on direct services with Indian ports, a gain of 17 percent. This brought India up into tenth place in Hamburg‚Äôs ranking of its trading partners for container transport.With Hapag Lloyd and its partner shipowners ONE, YML and COSCO offering an additional weekly sailing from Hamburg on the IEX - South-East India‚ÄďEurope Express service from November onwards, the prospects for further growth are good.Ten liner services link the Port of Hamburg with India.

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