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Tuesday, March 9, 2021

Cma Cgm Group News

(Photo: CMA CGM)

CMA CGM Ramps Up Asia-Europe Capacity Amid 'Unprecedented Demand'

One of the world's top container shipping companies said it is ramping up its capacity between Asia and Europe in response to unprecedented demand.The French-based CMA CGM Group said Monday it has accelerated the redeployment of its capacity, increasing tonnage assigned to lines between Asia and Europe by 6% for the fourth quarter of 2020 compared to the same period of 2019. It will also make further additions in the first quarter of 2021, when capacity will be 10% higher than in the current quarter.The Asia-Europe trade will be serviced by CMA CGM's new class of nine 9 23…

(Photo: CMA CGM)

World's Largest LNG-fueled Containership Bunkers In Rotterdam

The world’s largest containership powered by liquefied natural gas (LNG) began its first gas bunkering operation in Rotterdam on Thursday, French shipping company the CMA CGM Group said.The CMA CGM Jacques Saadé, which has an 18,600 cubic meter tank, will be refueled with LNG while port handling operations are underway, marking the largest LNG bunkering operation ever undertaken for a containership.Once bunkering is complete, CMA CGM’s flagship will continue its maiden voyage…

(Photo: CMA CGM)

CMA CGM Resumes Online Services After Cyber Attack

CMA CGM, the world’s fourth-largest container shipping group, said it has restored its online business services after a cyber attack last month paralyzed activity.France-based CMA CGM first reported the incident on September 28, saying it had shut down access to its online services after malware targeted its peripheral servers.“The CMA CGM Group’s e-commerce sites are once again live with all their main functionalities up and running,” the company said in a statement on Sunday. “Applications and essential functionalities are now operational and secured.”In a separate incident, U.N.

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CMA CGM Says Operations Functioning Normally After Cyber Attack

French container shipping company CMA CGM Group said Tuesday that its maritime and port operations were functioning normally after a cyber attack hit its servers on Monday."All communications to and from the CMA CGM Group are secure, including emails, transmitted files and electronic data interfaces (EDI)," it said in a statement, adding that its booking functionalities are up and running.CMA CGM is offering alternative access for customers after making its e-business website unavailable on Monday in order to prevent the spread of malware…

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CMA CGM to Invest in Dubreuil Aero in Logistics Push

Shipping group CMA CGM has agreed to buy a 30% stake in French airline company Groupe Dubreuil Aero as it continues to extend its presence in non-maritime transport.CMA CGM, the world's fourth-largest container shipping firm, said in a statement on Wednesday that it would acquire the stake through a capital increase and acquisition of ordinary shares and would obtain two seats on the board of Dubreuil Aero.CMA CGM's investment would total 70 million euros and it hoped the deal would be finalised before the end of the year…

(Photo: CMA CGM)

World's Largest LNG-fueled Containership Delivered

The world's largest containership to be powered by liquefied natural gas (LNG) has officially joined the fleet of French container shipping group CMA CGM, during a digital naming ceremony at CSSC’s shipyard in Shanghai.CMA CGM Group’s new flagship, CMA CGM Jacques Saadé, named after the group's founder, is the lead vessel in a series of nine LNG-powered, 23,000 TEU containerships ordered in 2017.Rodolphe Saadé, CMA CGM Group’s chairman and CEO, announced in November 2017 that the vessels would be equipped with LNG-powered engines…

Atit Mahajan (Image: CMA CGM)

Mahajan Named Managing Director of CMA CGM India

French container shipping company CMA CGM Group said it has appointed Atit Mahajan as managing director for CMA CGM India, effective August 1.A qualified chartered accountant with 18 years' experience in strategy, finance and cost management roles, Mahajan was most recently Chief Financial Officer, CEVA Logistics India Pvt. Ltd and was previously Chief Operating Officer, LCL Logistix, both subsidiaries of the CMA CGM Group. In the past, Mahajan has also been part of the CMA CGM…

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SeaMar Awarded Agency Contract from CMA CGM

Frensh shipping company CMA CGM Group has awarded SeaMar with a contract to act as its agent in Port of Amsterdam during the maintenance and repair project of their container ships CC Cayenne, CC Marseille and CC St. Laurent at Damen Shiprepair & Conversion starting end of June 2020.SeaMar said its team will support the containerships during their stay in Amsterdam with full agency and logistic services for both vessel and crew.The CMA CGM Group is a world leader in shipping and logistics. Its 502 vessels serve more than 420 ports on five continents around the world.

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COVID-19: CMA CGM Launches the Business Continuity Pack

As the COVID-19 pandemic affects all sectors of the world economy, the CMA CGM Group is taking action by launching the Business Continuity Pack, a range of solutions to adapt and protect the supply chains of its customers.Business Continuity Pack: a new global range of adapted solutions during the COVID-19 pandemicWith the Business Continuity Pack, the CMA CGM Group provides comprehensive and customized solutions to:Adjust the pace of shipments by prioritizing the fast transportation of urgent shipments…

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CMA CGM Launches Priority Cargo Service

The CMA CGM Group has launched SEAPRIORITY Go, a  new solution that offers priority boarding for goods during the loading process.SEAPRIORITY Go provides customers exclusive treatment: their goods will be given priority whether it be for container allocation or loading on board. Part of the BOOST category under the CMA CGM+ umbrella, this new solution helps to expand our customers’ business, even when demand is strong, giving them more agility, flexibility and protection.SEAPRIORITY Go will be offered for all shipments on major trades operated by CMA CGM effective March 27, 2020.

Dunkirk Port Switches on Cold Ironing

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…

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CMA CGM Welcomes 4th LNG-Powered Ship

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…

CMA CGM Initiates Global Energy Coalition

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…

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CEVA Logistics Opens Marseille HQ

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…

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, “simple, reliable and rapid,” 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’ business through financing solutions tailored to their needs.

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CMA CGM Launches SHIPFIN Trade Finance

CMA CGM launches SHIPFIN Trade Finance, its new range of import and export financing solutions.An innovative offering of simple, reliable and rapid financial services;Two complementary solutions for importers and exporters: Supply Chain Financing and Cargo Financing;CMA CGM is accelerating its Customer Centricity strategy to offer its customers tailor-made solutions supporting the development of their business.Discover SHIPFIN Trade Finance…

Traxens, UN Unveil Smart Container Data Standards

France-based developer of smart data for ports Traxens has led the development of the first standards for smart container data exchange now published by the United Nations Center for Trade Facilitation and Electronic Business (UN/CEFACT).Business Requirements Specifications (BRS) delivers internationally standardized messaging to facilitate the use of smart container data. Although many smart containers are already in use, there are no global standards in place to capture and…

The 400-meter-long, 23,000-TEU CMA CGM Jacques Saadé has been launched at Shanghai Jiangnan-Changxing Shipyard. It will be the world's largest containership to run on LNG fuel. (Photo: CMA CGM)

World's Largest LNG-powered Containership Launched

The CMA CGM Group has launched its first new vessel in a series of nine liquefied natural gas (LNG) powered ultra large containerships at the Shanghai Jiangnan-Changxing Shipyard, the France-based shipping and logistics company announced on Wednesday.At 23,000-TEU capacity, the CMA CGM Jacques Saadé and its eight French-flagged sisterships will be the world’s largest containerships to run on LNG propulsion.“With the launching of the first 23,000-TEU ship powered by liquefied natural gas…

CMA CGM Launches Rhine Valley Rail

The CMA CGM Group has introduced Rhine Valley Rail, a new rail service connecting the Port of Rotterdam with the German hinterland. The train connections are aligned with CMA CGM’s deep-sea services.Operated in cooperation with TFG, the Rhine Valley Rail service will officially start with its first train departure in Dortmund on 18 October. A total of six departures per week between the Port of Rotterdam and the German inland hubs of Dortmund, Duisburg and Ludwigshafen will be…

Olivier Casanova (Photo: CMA GCM)

CMA CGM Appoints Casanova Deputy CFO

The CMA CGM Group announced the appointment of Olivier Casanova as Group Deputy Chief Financial Officer.He will also serve as CEVA Logistics’ Chief Financial Officer.Casanova is a graduate from HEC. He started his career in 1991 as an investment banker then became Managing Director at SG Warburg/UBS in Paris and London. He joined Thomson in 2002 where he held various positions, notably as CFO of the Displays & Components Division and then Deputy CFO of the Group before being appointed Head of Strategy and Marketing.

TS Lines Adds Pan Asia Service Loop

Taiwanese ocean carrier TS Lines (TSL)  has announced the launch of the Pan Asia 1(PA1) Service that provides weekly connectively between China and Southeast Asia.The PA1 service offers one of the most comprehensive Northern China market coverage comprising seven China main ports as well as Hong Kong, Singapore and Malaysia, said a press release.The PA1 service commenced sailing from Shanghai on 30th , August with the following port rotation: Shanghai -Dalian – Xingang – Qingdao…

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CMA CGM will not use the Northern Sea Route

Ahead of the G7 meeting at Biarritz from August 24-26, French President Emmanuel Macron, accompanied by Economy and Finance Minister Bruno Le Maire, Minister of Labour Muriel Pénicaud, and Deputy Minister for the Ecological and Inclusive Transition Brune Poirson, this afternoon has invited to the Elysée Palace representatives of the shipping industry including global leader CMA CGM.On this occasion, Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group, will…

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…

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…

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 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.