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Thursday, August 22, 2019

Cma Cgm News

Rodolphe Saadé, Chairman CEVA Logistics. Photo: CMA CGM Group

CEVA Logistics Implements Turnaround Plan

Following the friendly takeover bid for CEVA Logistics, the CMA CGM Group has implemented a turnaround plan which includes a new governance, a new brand identity and priorities reset. CEVA’s new operations center opened in Marseilles.The CMA CGM Group now holds 99.6% of CEVA's equity. Structural decisions have been made during the second quarter of 2019 to enable CEVA’s financial recovery and create the conditions of a solid and successful turnaround.Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group…

Logo: Xeneta

Xeneta: Trade War Impacting on Far East

Look beneath the surface of a relatively calm month for long-term contracted ocean freight rates and, says Oslo-headquartered Xeneta, industry observers will see a maelstrom of activity, adjustments and market uncertainty.According to the latest XSI Public Indices report from Xeneta, the leading ocean freight rate benchmarking and market analytics platform, July saw a marginal decline in rates of 0.4%, with a marked fall in the Far East export benchmark. Meanwhile US exports and European imports performed well.The global index has now fallen by 2.4% since its all time high in May this year…

Map: American Association of Port Authorities

Port of Boston Sets New Record

The Massachusetts Port Authority (Massport) announced another record year for the Port of Boston’s Paul W. Conley Container Terminal.From July 2018 through June 2019, Conley handled 307,331 twenty-foot equivalent units (TEUs) – an 8% increase in cargo volumes over FY2018 and a new all-time record for the fifth consecutive year. Total imports also rose by 12% over FY18 to 152,960 TEUs in advance of pending tariffs.“We are proud of Conley’s continued growth and success, which reflect the region’s strong economy and Conley’s high levels of productivity…

File image / AdobeStock / © dbvirago

Marseille Fos Accelerates Air Emissions Cuts

Among a string of new eco-friendly initiatives, the Marseille Fos port authority is to spend $22 million over the next six years to extend shoreside electrical connections for berthed vessels to every ferry, cruiseship and repair quay within the Marseille eastern harbor.Already available on the Corsica ferry quays, the network will be expanded in two phases to cover North Africa ferry quays and the shiprepair hub by 2022 and the cruise terminal between 2022 and 2025. The zero…

Image: Port of Riga

Riga Port Aims Growth with LNG Move

The Baltic Sea port, Port of Riga is now offering regular port services for liquefied natural gas (LNG)-powered container vessels to reduce the environmental impact of its operations and boost its container throughput."By officially welcoming the new container ship Containerships Polar, the Port has started regular port services to LNG-powered container vessels," said a press note from the Latvia’s major port said.It is planned that the first two 100% LNG-powered vessels Containerships…

Pic: CargoSmart

Shipping Majors Join CargoSmart Digital Initiative

The provider of software-as-a-service based shipping and logistics solutions, CargoSmart has announced the official execution of the Global Shipping Business Network (GSBN) Services Agreement with shipping majors.According to a statement from the shipment management software company, CMA CGM, COSCO Shipping, COSCO Shipping Ports (CSP), Hapag-Lloyd, Hutchison Ports, OOCL, Port of Qingdao, PSA International and Shanghai International Port Group have signed up with it.As per the agreement…

Image:Hapag-Lloyd

Hapag-Lloyd Adds VRS

German container shipping company Hapag-Lloyd has decided to implement a global vessel risk surcharge (VRS) following recent maritime incidents in the Gulf of Oman.The container line said that operating costs for its services have increased in the Middle East Gulf region as a result of tanker attacks that took place in the Strait of Hormuz.Other major carriers including CMA CGM, X-Press Feeders, and NYK have already impose a war risk surcharge on cargo destined for the Arabian Gulf or Middle East region due to heightened tensions in the region.As of July 15…

File Image: Maersk

Maersk, Major Shippers Hike Gulf-bound Box Rates

A.P.

Image credit: Containerships

Containerships in first SIMOPS boxship bunkering

Containerships performed its first simultaneous operations (SIMOPS) bunkering, which allows for the concomitant bunkering of liquefied natural gas (LNG) and execution of loading and unloading procedures.An unprecedented achievement improving Containerships’ operational efficiency and highlighting the Group’s leading role in the energy transition of the shipping industryOn July 4th, 2019, Containerships successfully carried out SIMOPS bunkering on its LNG-powered CONTAINERSHIPS NORD vessel in the Port of Rotterdam.

the Baton Rouge-NOLA container on barge service / CREDIT: Port of New Orleans

SHORTSEA SHIPPING: All the Right Moves (Finally)

Marine Highways Gain Traction in the Intermodal Supply Chain.In the United States, landside infrastructure is at a crisis point. Congestion at the big hub ports, exacerbated by imperfect intermodal interfaces with surface transport serving cargo hinterlands is at the heart of the matter. As politicians bicker over a possible infrastructure package, the Highway Trust Fund, funded by taxes on gasoline and diesel fuel, has continued its downward journey towards further deficits (now $144 billion). And, where countless U.S.

Pic: TradeLens

Hapag-Lloyd, ONE Join TradeLens Platform

Maritime shipping companies Ocean Network Express (ONE) and Hapag-Lloyd have joined blockchain-enabled digital shipping platform TradeLens, which was jointly developed by their container shipping rival Maersk and tech giant IBM.Hapag-Lloyd and ONE, the world’s fifth and sixth largest carriers by capacity, respectively, will join CMA CGM and MSC Mediterranean Shipping Company, the world’s second and fourth largest carriers, who recently signed up for the TradeLens platform in May.Maersk says with the addition the carriers…

Photo: CMA CGM

Shipping Firms Drop UK Flag as Brexit Looms

Companies are leaving Britain's shipping registry due to uncertainty over Britain's departure from the European Union and future commercial arrangements with the bloc, industry officials say.All commercial ships have to be registered, or flagged, with a particular country partly to comply with safety and environmental regulations. Shipping companies in many so-called "flag states" pay corporation tax based on vessel tonnage rather than profit.Britain's ship registry forms part…

CMA CGM to Support Notilo Plus Rollout

The CMA CGM Group will support the financial and industrial development of Notilo Plus, a Marseilles-based start-up specialized in autonomous underwater solutions, in order to help them launch their industrialization.Notilo Plus develops autonomous underwater dronesFounded in 2016 and based in Marseilles and Lyon, Notilo Plus develops autonomous underwater systems featuring artificial intelligence and data enhancement capabilities. It develops “made in France” autonomous solutions targeting the fields of maritime transportation…

Photo: CMA CGM

CMA CGM Starts Weekly Service from Port Pipavav

The dedicated scheduled import train from Port Pipavav to Garhi Harsaru [NCR region] is operated by Gateway Rail Freight Ltd. (GRFL) for CMA CGM. The import train arrived at Garhi Harsaru on June 12th, 2019 and was received by Mr. Ugo Vincent, Managing Director CMA CGM India, and senior management from CMA CGM, Gateway Rail Freight Ltd. (GRFL) and APM Terminals Pipavav. The Import train which connects Pipavav to Garhi, Ludhiana & Piyala has a capacity of 180TEUs in a single run.The scheduled train service will provide reliable, safe and quick transport of commodities to the NCR region.

Photo: APL

APL Launches Bangkok Haiphong Service

APL, part of the CMA CGM Group, has announced the launch of the Bangkok Haiphong (RBH) service that will provide weekly connectivity between South China, Thailand and Vietnam.An express service from South China to Thailand, the RBH service will make an alternative sailing choice from Shekou to Laem Chabang. The service also offers shippers direct connectivity from Bangkok and Laem Chabang to Haiphong.The RBH service will begin sailing from Nansha on July, 3rd. The service will call at the ports of Nansha, Shekou, Bangkok, Laem Chabang and Haiphong.

Image: Containerships

Second LNG-Fueled Ship for Containerships

Containerships, subsidiary of CMA CGM, has taken delivery of its second LNG-powered containership, the Containerships Polar.As the second LNG-powered ship for Containerships and the CMA CGM Group, the Containerships Polar will be phased into the redesigned BALT 2 service in the Port of Rotterdam on June 23rd, 2019.At the beginning of May, the 1,380-TEU vessel started its voyage from Guangzhou Wenchong Shipyard in China to Northern Europe where it will operate alongside its sister ship Containerships NORD.With its dimensions and its high ice class…

Photo: Containerships

Containerships Introduces Second LNG-Powered Ship

Containerships, an expert in Intra-Europe and a subsidiary of the CMA CGM Group, a leader in shipping and logistics, has announced it took delivery of its second container ship powered by liquefied natural gas (LNG), the Containerships Polar.As the second LNG-powered ship for Containerships and the CMA CGM Group, the Containerships Polar will be phased into the redesigned BALT 2 service in the Port of Rotterdam on June 23rd, 2019. At the beginning of May, the 1,380-TEU vessel…

Photo: CMA CGM

CMA CGM Makes Inaugural Call at Port Tampa Bay

The CMA CGM Group, a world leader in shipping and logistics, has announced it made its first call at Port Tampa Bay today with the arrival of the 8,469-TEU (Twenty-Foot Equivalent Units) CMA CGM DALILA on the PEX3 service.With the PEX3 service, CMA CGM reaffirms its commitment to Central FloridaPort Tampa Bay is the closest port to Florida’s fastest growing region and its largest consumer market – the Tampa Bay/Orlando I-4 Corridor. Home to almost half of the state’s population of more than 21 million residents…

Pic: CMA CGM

CMA CGM Group Cut Emission by 17%

Since 2015, CO2 emissions per container transported per kilometer have been reduced by 17%, said CMA CGM Group, the shipping and logistics giant."The Group has achieved a 50% reduction in CO2 emissions per container transported per kilometer between 2005 and 2015. It has achieved a further 17% reduction between 2015 and 2018, in line with its 2025 objective of -30%," said the French container transportation and shipping company in a press release.Testimony to its ambition for the energy transition of the maritime industry…

APL Unveils New Japan Malaysia Vietnam Service

APL, part of the CMA CGM Group, has announced the launch of the Japan Malaysia Vietnam (JMV) service that will provide weekly connectivity between North Asia and Southeast Asia.The JMV service will offer one of the most comprehensive North Asian market coverage comprising five Japanese main ports as well as Hong Kong, Shekou and Taiwan. Shippers from Kanto and Kansai regions will also find an alternative access to Singapore, Malaysia and Vietnam via the JMV service and vice versa.The…

The Bayonne Bridge (The growth in part can be attributed to the completion in June 2017 of the Bayonne Bridge Navigational Clearance Project, which raised the clearance under the bridge from 151 feet to 215 feet, allowing the world’s largest container ships to pass under it and serve port terminals in New York and New Jersey.) Credit: Port NY/NJ

CONTAINER PORTS: Boxed in or Busting Out?

Benchmarking the Nation’s top container ports in 2018 and looking ahead to what comes next.The nation’s major ports finished 2018 and began 2019 setting monthly and yearly container volume records, but agitated trade activity in the White House raised questions about what corrections would be permanent and which would not.President Donald Trump said on Febuary 24 he is delaying the scheduled March 1 increase in the tariffs on $200 billion in Chinese imports. The president said on Twitter he wants to give negotiators more time to reach a comprehensive trade deal with Beijing.

Pic: CMA CGM

CMA CGM's Turnaround Plan for CEVA

Following the friendly takeover bid for the contract logistics and freight management solutions provider CEVA Logistics, the French container transportation and shipping giant CMA CGM Group now holds 99.4% of CEVA's equity.The shipping Group is resolutely committed to CEVA's financial recovery, and has already taken major structural decisions paving the way for CEVA’s rapid return to profitability.Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group, was elected…

File Image: CREDIT CMA CGM

CMA CGM Upbeat Despite China-U.S. spat

Shipping giant CMA CGM expects to see further growth in its volumes this year as increasing activity from southeast Asia towards the United States helps make up for slowing China-U.S. flows that were a drag on its first quarter.French-based CMA CGM, the world's fourth-largest containing shipping firm, reported on Wednesday a first-quarter net loss of $43 million, compared with a $77 million loss in the same period last year."We are very confident about seeing our volumes grow in 2019, regardless of the geopolitical climate," Chief Financial Officer Michel Sirat said.Brisk China-U.S.

File Image: Credit CMA CGM

CMA CGM and MSC to Join TradeLens

Global container carriers CMA CGM and MSC Mediterranean Shipping Company (MSC) has announced they will join TradeLens, a blockchain-enabled digital shipping platform, jointly developed by A.P. Moller - Maersk and IBM.With CMA CGM, MSC, Maersk, and other carriers committed to the platform, data for nearly half of the world’s ocean container cargo will be available on TradeLens. The addition of CMA CGM and MSC will provide a significant boost to the TradeLens vision of greater trust, transparency, and collaboration across supply chains to help promote global trade.

Image Credit: AdobeStock / © Javier Castro

More Shippers Join Maersk's Blockchain Solution

Two of the world's biggest shipping groups will join a Maersk led blockchain platform aimed at boosting efficiency and limiting the enormous paper trail of global container shipping.With Mediterranean Shipping Co (MSC) and CMA CGM, the second- and fourth-largest container shipping companies, joining the platform, nearly half of all cargo being shipped by sea - which accounts for 90% of traded goods worldwide - will be tracked using it.More than 100 companies, ports or authorities, such as Procter & Gamble and U.S.

Pic: CMA CGM

CMA CGM Launches Pharma Cargo Service

French container transportation and shipping company CMA CGM has announced the launch of a Reefer Pharma division that will focus on the temperature-controlled transportation of pharmaceutical products."For more than 40 years, preserving the integrity of shipped goods has been a top priority for the CMA CGM Group, particularly in terms of sensitive products such as medicines that directly impact public health and patients’ quality of life," said a press release from the company.For organising and closely monitoring the shipping of this highly sensitive cargo…