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…
CMA CGM Reshuffles CEVA Logistics Management
French container transportation and shipping giant appointed its Chairman and CEO Rodolph Saade as the new chariman of Swiss third-party logistics provider CEVA Logistics, thus asserting its near-full control over CEVA.Nicolas Sartini, who currently holds the position of Group Chief Operating Officer and Deputy CEO of CEVA is appointed Chief Executive Officer as from June 1st. He will bring his experience and expertise to CEVA as it embarks on a new journey. He will replace Xavier Urbain who will become Executive Advisor to Rodolphe Saadé.Marvin O. Schlanger, Victor Balli, Dr.
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…
Taiwan's Evergreen Opens Four New Offices in Latin America
Taiwanese container transportation and shipping company Evergreen Marine Corp. is expanding its operations into Central and South America this year following the recent opening of four new agency offices in the region."In view of the growth potential in Latin American trade, Evergreen Line is continuing to establish its own offices at main service locations in the region. The move will strengthen the effectiveness of the line’s operations, improve its capability to react to market opportunities…
CMA CGM Wins Award for Most Accomplished Asia Pacific Ship Owner
The CMA CGM Group has been awarded the Most Accomplished Asia Pacific Ship Owner Award 2018 at the Maritime2020 Summit, which was held in Singapore on November 27, 2018.The French container transportation and shipping company said that this award recognizes the shipowner who demonstrates the greatest efforts to make its fleet more sustainable, efficient and environmentally friendly.Mathieu Girardin, Vice President CMA CGM Asia regional Office, received the award on behalf of the…
CMA CGM to Accelerate Logistics Strategy with CEVA
French container transportation and shipping company CMA CGM said that by strengthening the partnership with the global logistics supply chain company CEVA Logistics, it is actively engaging its logistics strategy.Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group said: "Our ambitious development project for CEVA was approved by its Board of Directors. Subject to approval from the regulatory authorities, this project will accelerate CEVA’s transformation…
CMA CGM Completes Containerships Acquisition
The CMA CGM Group has completed the acquisition of Containerships, a container-transportation and logistics company.The European Commission authorized this transaction on October 22nd. Containerships, which specializes in the intra-European market, will complement CMA CGM’s service offering.Containerships, a European door-to-door specialistFounded in 1966, Containerships is a Finnish company specialized in Intra-European containerized trade with 690 employees. Containerships offers its clients a complete range of high-quality services…
Shanghai Port Sets New World Record
The annual handling capacity of Shanghai Port surpassed 40 million TEUs (twenty-foot equivalent units), breaking an existing world record, the Chinese state media reported. Xinhua quoted the Shanghai International Port Group saying that Shanghai Port started container transportation in 1978 with a handling capacity of 7,951 TEUs that year. As one of China's largest ports, its throughput exceeded 30 million TEUs in 2011. In December 2017, Shanghai Yangshan Deep Water Port, the world's biggest automated container terminal, started trial operations.
Hapag-Lloyd Reports Better Results for Q3 2017
Hapag-Lloyd closed the third quarter of 2017 with a significant positive Group net profit and a much improved operating result (EBIT). The integration with United Arab Shipping Company (UASC) is almost completed and on schedule to be finalized by the end of the year. For the third quarter the net profit amounted to EUR 54.3 million (prior-year period: EUR 8.2 million), the EBIT rose to EUR 180.6 million (prior-year period: EUR 65.6 million), and the EBITDA stood at EUR 361.5 million (prior-year period: EUR 184.6 million).
Better Times for Box Carriers Ahead?
In the choppy wake of the liner alliance reshuffle, industry consolidation and the (long awaited) boost from expanded Panama Canal traffic, a glimmer of hope appears. The situation for the liner carriers has clearly improved since the doldrums of 2016. Consultants Drewry were estimating that container carriers could book profits of $5 billion in 2017 – coming on the heels of half a decade of losses. In early 2017, improvements were seen in the market compared to the previous two years…
New Orleans' Big Plans Showing Dividends
A Container-on-Barge service intended to be an integral part of the regional intermodal equation is gathering momentum – and customers. Quietly, the Port of New Orleans (NOLA) has marked some important accomplishments in the past two years, across multiple business sectors. For example, in April 2016, NOLA’s Board dedicated a $25 million Mississippi River intermodal terminal, capable of handling 160,000 twenty-foot-equivalent (TEU) units per year by rail. CN Railroad signed a memorandum of understanding (MOU) a year earlier (2015)…
Maersk Reports Q2 Loss, Sees Cyber Attack Bill at $200-$300 Mln
Danish shipping group A.P. Moller Maersk reported an unexpected net loss in the second quarter due to terminal and tanker impairment charges, but said it was upbeat on the container shipping outlook. Maersk also said it expected a $200 million to $300 million bill from a June cyber attack that disrupted its container shipping operations for weeks. The company's net loss stood at $264 million, compared with expectations for a $507 million net profit, according to an average of forecasts in a Reuters poll.
Crowley Launches Florida, Costa Rica, Panama Service
To better connect customers' U.S. and Central American supply chains, Crowley Liner Services will begin fixed-day, weekly sailings on Wednesday, August 9, directly between Florida and Costa Rica and Panama. The new service offers fast transits to speed cargo to market at peak times. Crowley's vessels will sail southbound from Florida on Wednesdays from the Port of Jacksonville, and Fridays from Port Everglades, and will arrive on Tuesdays in Puerto Limon, Costa Rica, and on Wednesdays in Manzanillo, Panama.
New Route for Container Trains in UTLC Services
In connection with the increased cargo transportation by accelerated container trains en route China/ Europe/ China, UTLC JSC jointly with Belintertrans-Germany LLC, with assistance of the Belorussian Railways Baranovichi Division, is introducing an additional container train route via Kuznitsa/ Bruzgi border crossing. On July 31, 2017, the first container train departed from the Lodz to Chengdu Station in this route. The container train has 41 40” containers with assembled cargo.
MPA Honors Patrick Phoon
Ocean transportation firm, “K” Line Pte Ltd, and Patrick Phoon, Deputy Managing Director of Evergreen Shipping Agency, received the International Maritime Centre (Corporate) Award and the International Maritime Centre (Individual) Award respectively. The Maritime and Port Authority of Singapore (MPA) has honoured ten industry partners who have made outstanding contributions to Singapore's development as a premier global hub port and a leading international maritime centre at the Singapore International Maritime Awards (IMA) 2017.
New Mississippi Container Terminal Planned
Plans have been put in motion to develop a new intermodal container terminal on the lower Mississippi River. Designed to service the largest ocean carriers, the new 1,000 acre container terminal will be capable of docking vessels up to 20,000 TEU with deep-water access and 21,600 linear feet of waterfront allow for multiple ocean and APCT vessels to be accommodated simultaneously. The container port, located between mile 50 and 55 on the Mississippi River, will be the southern-most full service port complex on the river…
Owen Appointed Secretary General of the Bureau International des Containers
Douglas Owen has been appointed Secretary General of the Bureau International des Containers (BIC) following almost four years of service at the organization. With more than 20 years of experience in the maritime transportation industry, Douglas Owen joined the BIC as Deputy Secretary General in late 2012. He has helped to broaden the horizons of the 83-year-old organization which promotes safety, security, sustainability and efficiency in container transportation. Since joining, he has launched a number of new initiatives and increased interaction with members and partner associations.
Crowley Joins Clean Cargo Working Group
Crowley Maritime Corp. has joined the Clean Cargo Working Group (CCWG), a global, business-to-business initiative dedicated to reducing the environmental impacts of global goods transportation and promoting responsible shipping. Membership in the group underscores Crowley’s practice of prioritizing and utilizing technology and operations that are friendly to the environment, and of joining partnerships focused on reducing vessel emissions. “We are excited about the opportunity to join other leading cargo carriers and shippers in this collaborative…
Maersk Line Signs First Carbon Pact in Asia
Maersk Line has signed a five-year carbon reduction pact with Huawei Technologies, a global leading telecom solutions provider and the world’s third largest mobile phone manufacturer. The key to Huawei’s success is positioning itself as an innovator and thought leader in its field of expertise. To maintain this status amongst its customers, Huawei has taken the next step by signing a strategic carbon pact with Maersk Line. This agreement integrates both companies’ sustainability commitments to reduce Huawei’s CO2 emissions per container transported with Maersk Line by 18% from 2016 to 2020.
OOCL Renews VOD Training Contract
Videotel, producer and distributor of training videos, 3D animation, and e-Learning courses to the maritime market and part of KVH Industries, Inc., (Nasdaq: KVHI), has renewed its contract with Orient Overseas Container Line (OOCL) to supply the full Videotel On Demand (VOD) and software solutions service. VOD delivers high-quality, award-winning training materials, available as an onboard and online e-Learning library, with accompanying recording and reporting software, making it easy for crew members to select specific training courses to learn new skills and develop their careers.
Maersk Profit Plunges
Danish shipping and offshore energy conglomerate Maersk Group reported its profit at US$ 224 million for the first quarter of 2016, a drop of 86 percent compared to $ 1.6 billion seen in the same period a year earlier. Hit by low oil prices and freight rates, the world's largest shipping company AP Moller-Maersk A/S says revenue fell almost 20 percent from a year earlier to $8.5 billion. Maersk Line, the world’s largest container operator by capacity and traditionally the company’s biggest earner…
Profit Warning of China Shipping Container Lines
China Shipping Container Lines (CSCL) has released a profit warning stating that it expects to close the financial year 2015 with a net loss of about 2.8 billion yuan (425 million dollars) compared to a profit of over one billion yuan recorded in 2014. The Chinese container line expects to log big 2015 deficit as volumes fall 8%. The Shanghai- and Hong Kong-listed carrier said the poor results are mainly due to a depressed container shipping market. While the new shipping capacity continued to expand…
IAPH Applauds IMO Container Weight Regs
The International Association of Ports and Harbors applauds the International Maritime Organization (IMO) for its adoption at the Maritime Safety Committee (MSC) 93rd session last week of the Amendment of SOLAS Regulation VI-2 regarding Mandatory Weighing of Gross Mass of Containers before loading onto ships. The committee also adopted relevant guidelines regarding the verified gross mass of a container carrying cargo. The amended rule requires shippers to submit verified gross weight of containers before loading onto ships.
New Liner Services Between Hamburg, Russia
Starting in November 2011, two new feeder line services will be scheduled for regular sailings between the Port of Hamburg and Russia. The shipping company Team Lines will be using the RUS 2 Service in the Hamburg – St. Petersburg – Hamburg – Bremerhaven – Hamburg rotation to augment its RUS 1 service handled by its own vessels with capacities of OOCL for containerised shipping to this key market region. The first ship will be sailing from Hamburg on 7 November. The Swan Container Line has also included Hamburg in its weekly schedule for its St. Petersburg service. On the Hamburg – St.
APL President Eng Aik Meng Resigns
NOL Group announced the resignation of Eng Aik Meng as President of its APL shipping business. The container transportation and logistics group has named Kenneth Glenn, currently President of its North Asia Region, as his replacement. NOL said Mr. Eng will leave the company September 1, 2011, to take a new position outside the transportation industry. "We understand Aik Meng's desire to begin a new phase in his career, and we thank him for his contributions to NOL," said Group CEO Ronald D. Widdows. Mr.
Richard Steinke Receives 2011 Connie Award
More than 200 turn out to for Port of Long Beach Executive Director Honored by the Containerization & Intermodal Institute. The Connie Award was presented by the Containerization and Intermodal Institute (CII) to Richard D. Steinke, who will retire this month as executive director of the Port of Long Beach. Mr. Steinke was honored for his leadership role in developing the Port into one of the world's largest container harbors. More than 200 people attended the industry-wide dinner event held on September 21, at the Renaissance Hotel.