CMA CGM Bundles Multimodal Transport
The CMA CGM Group announced that its intra-European multimodal transport subsidiaries Containerships and MacAndrews have united under the single Containerships brand.Together, Containerships and MacAndrews operate a fleet of 32 vessels and 700 trucks, calling 64 ports through 26 maritime services and 8 inland services.The single Containerships brand resulting from their union will be able to unlock major synergies and to focus on commercial growth and on the development of high-quality services for its customers.In addition…
CMA CGM Unifies Containerships and MacAndrews Brands
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…
CMA CGM Founder Jacques Saade Dies at 81
Mr. Jacques R. Saade, founding president of the CMA CGM Group, died on June 24, 2018 at the age of 81, according to the company. Jacques R. Saadé dedicated his life to CMA CGM. An extraordinary visionary and entrepreneur, he made the group into a world leader in the maritime transport of containers, developing the company in more than 160 countries, while maintaining the family dimension with its values. After having left Lebanon to protect his family for Civil War, Jacques R Saadé founded the Compagnie Maritime d’Affretement (CMA) 40 years ago…
CMA CGM Merges Multimodal Subsidiaries
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.
CMA CGM to Acquire SOFRANA Unilines
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…
CMA CGM Outperforms, Nets $51 mln 3Q Profit
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.
CMA CGM 2Q Post Higher Profit
* 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…
CMA CGM's OPDR Acquisition Approved by EU
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.
CMA CGM Acquires OPDR
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.
MacAndrews Purchase 25% Share in Progeco Bilbao
Following on last investment earlier in 2013 in the Rail Terminal in Murcia and the launching of the first Reefer Block Train operated in Spain linking Murcia with the Port of Bilbao two times per week, MacAndrews, a door to door Intermodal operator in Europe 100% subsidiary of CMA-CGM Group, have completed the purchase of a 25% share in Progeco Bilbao, SA, becoming its main shareholder. Since 1985, Progeco Bilbao is offering comprehensive logistic services in the industrial and commercial sectors, basically logistic warehouses, container depot (dry and reefer maintenance and repairs) and transport services. With the best location in the Port of Bilbao…
MacAndrews Doubles Liverpool-Spain Sailings
trucking cargo overland. Thursday service on the same route. two to Spain and one to Portugal. CGM, has a weekly service from Liverpool to Le Havre. from road to sea. Dublin, Liverpool. news.
New MacAndrews Service
MacAndrews is to launch a line between Portugal, Spain, England and Russia. The shipping line will convey the containers on its own line to Rotterdam, where they will be transferred to ships of the French parent company CMA CGM from the line to St Petersburg. CMA CGM has two departures a week to Russia. With the new line, MacAndrews will be expanding its activities in the Baltic region. The shipping company already has a presence on the Polish market.
MacAndrews to Deliver Afghan Cargo
Middle East or the India sub-continent and trade with Afghanistan. efficient cargo gateway for Afghanistan. make regular, scheduled calls at Pakistan's main port. in Kabul, Jalalabad and Khandahar over Port Qasim. dependable cargo movement services to the region. to accommodate aid, security forces and commercial cargoes. formalities with Pakistani customs). Khandahar will cross the border at Chaman. Afghanistan, major cargo flows into the country are evident. efficient gateway for international trade. Persian Gulf through Pakistani ports. solutions to its customers for over 30 years. and India / Pakistan buying slots from the EPIC Consortium. where it operates the 3600 teu Indamex Colorado.
930-TEU Ship Joins Indian Ocean Service
MacAndrews is set to add the 930 TEU Cape Bonavista to its Swahili Express Service which provides a fixed-day fortnightly service between the Indian sub-continent, the Middle East/Gulf and East Africa. Serving alongside CMA CGM Karibu, Cape Bonavista replaces Hanseduo in the service which calls at Karachi, Nhava Sheva, Jebel Ali, Dar es Salaam, Mombasa and Karachi with a 28-day round voyage time. With 80 reefer plugs, Cape Bonavista will support MacAndrews' increasing commitment to carrying fresh produce in refrigerated units. "Creating a homogenous vessel fleet for our Swahili Express service has been a priority. Cape Bonavista is a faster ship that will help us ensure schedule integrity on the service,” said Jim Robb, General Manager, Indian Trades.
MacAndrews Brings New Ship to Indian Ocean Service
MacAndrews has upgraded the existing tonnage on its Swahili Express Service, which provides a regular container service between the Indian sub-continent, the Middle East/Gulf and East Africa, with a more modern, faster vessel. The new ship, MacAndrews SWALA, is 1100 teu capacity and is one of two vessels in the service which has a nine-day sailing frequency and calls at Khor Fakkan, Karachi, Nhava Sheva, Jebel Ali, Dar es Salaam and Mombasa with a 28-day round voyage time. With 100 reefer plugs, the new vessel supports MacAndrews' increasing commitment to carrying fresh produce in refrigerated units. MacAndrews SWALA is flagged in Panama and was built in 1994. The ship has a deadweight of 15,170 tonnes, a nominal capacity of 1,107 teu (including 100 reefer plugs) and a speed of 18.5 knots.
MacAndrews Upgrades Indian Ocean Service
MacAndrews has upgraded the existing tonnage on its Swahili Express Service, which provides a regular container service between the Indian sub-continent, the Middle East/Gulf and East Africa, with a new vessel. The new ship, MacAndrews SWALA, is 1100 teu capacity and is one of two vessels in the service which has a nine-day sailing frequency and calls at Khor Fakkan, Karachi, Nhava Sheva, Jebel Ali, Dar es Salaam and Mombasa with a 28-day round voyage time. Salaam and 13 days to Mombasa. Northbound, from Mombasa the service offers a 8-day return transit to Karachi. MacAndrews SWALA is flagged in Panama and was built in 1994. The ship has a deadweight of 15,170 tonnes, a nominal capacity of 1,107 teu (including 100 reefer plugs) and a speed of 18.5 knots.