28653 members and growing – the largest networking group in the maritime industry!

LoginJoin

Saturday, May 25, 2019

Rodolphe Saad News

Image: CEVA Logistics

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.

Pic: CMA CGM

CMA CGM Launches eSolutions

Global shipping group CMA CGM has launched CMA CGM eSolutions, a digital system which enables its customers to manage the transport of their goods entirely via a digital interface.The digital eco-system comprising an online agency and other eCommerce channels such as Electronic Data Interchanges (EDI) and Application Programming Interfaces (API), which allow the digital transmission of relevant information and data between CMA CGM and its customers, it said in a press release.A large majority of the CMA CGM Group’s bookings are made via its eCommerce solutions…

Pic: CMA CGM

CMA CGM Finalizes Ceva Logistics Tender

French shipping giant CMA CGM has completed its public tender offer to acquire CEVA Logistics.The French carrier has confirmed the acquisition of Ceva Logistics after announcing it holds 97.89 percent of the company’s stock and will therefore de-list it from the Zurich Stock Exchange after April 16."Merging CEVA's operations into the CMA CGM Group will strengthen its position as a worldwide leader in maritime transport and logistics. Present in 160 countries, the Group will be 110…

Photo courtesy of CMA CGM

CMA CGM Boxship for French West Indies Christened

CMA CGM Group announced that the CMA CGM Fort de France, the first vessel belonging to its new fleet dedicated to the French West Indies, was christened on April 4th, 2019 in Martinique by Mrs. Annick Girardin, French Minister for Overseas Territories.This inauguration took place in the presence of Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group, Tanya Saadé Zeenny, Executive Officer, Alfred Marie-Jeanne, Chairman of the Executive Council of the Martinique Regional Authority…

file Image: CREDIT CMA CGM

CMA CGM Orders 10 Boxships from China

CMA CGM chairman and CEO Rodolphe Saadé has signed two strategic partnerships with Lei Fanpei, chairman of the China State Shipbuilding Corporation (CSSC), including an order of 10 containership newbuilds, as well as an agreement to jointly develop more efficient and environmentally-friendly vessels.The deals were signed Monday in the presence of French President Emmanuel Macron and Chinese President Xi Jinping, on the occasion of the latter’s State visit to France.The 10 new Chinese-built 15,000-TEU (Twenty-foot Equivalent Units) vessels will each measure 366 meters long.

Rodolphe Saadé, Chairman and Chief Executive Officer Photo: CMA CGM Group

CMA CGM Begins $1.2B Cost-Cutting Program

Container shipping goliath CMA CGM announced the implementation of a global plan for 2019 to improve its operational performance with a cost savings objective of $1.2 billion through the optimization of lines and brands, and by further streamlining its processes. This after the company announced that 2018 annual revenue grew 11.2% to a record level of $23.48 billion.Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group, stated: "In 2019, despite persisting geopolitical tensions, trade perspectives are positive.

(Photo courtesy CMA CGM)

Partners Extend Ocean Alliance to 2027

Partners in the world’s largest operational agreement between shipping companies have agreed to extend their alliance until 2027.The Ocean Alliance, consisting of CMA CGM Group, COSO SHIPPING, Evergreen and OOCL, was launched in 2017 for an initial period of five years with an option for a five-year renewal.The partners confirmed they will extend to the alliance's full 10-year duration, during a signing ceremony in Hainan, China on Thursday.Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group…

Pic: CMA CGM

Ocean Alliance Unveils Day 3 Product

The world’s largest operational agreement between shipping companies Ocean Alliance -CMA CGM, COSCO SHIPPING, Evergreen and OOCL - has announced the launch of their Ocean Alliance Day 3 Product starting April 2019."Rodolphe Saadé, Chairman and CEO of the CMA CGM Group, signs with his partners the launch of Ocean Alliance Day 3 Product, which will start in April 2019," said a press release from the shipping group.On the occasion of this announcement, Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group…

Photo: Agricool/CMA CGM

Agricool: When a Container Box Comes Ashore

Containers get a Second Life in the Agriculture Sector.‘Green’ initiatives continue to sweep the globe, with companies such as #Agricool leading the way with its plan to  revolutionize urban agriculture while giving containers a second life.Enter CMA CGM Group, one of the world’s largest containershipping companies, which is supporting Agricool not only with recycled containers, but also investing in the company and sharing its experience in logistics with the sapling company as is matures and enters its industrialization phase.What is Agricool?Founded in 2015 in Paris…

Pic: CMA CGM

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…

Pic: Containerships

EU Okays CMA CGM’s takeover of Containerships

European Commission’s competition regulators has approved CMA CGM acquisition of Container Finance, the holding company that controls regional container operator Containerships.CMA CGM, the world’s fourth largest carrier by capacity, agreed in June to acquire Finland-based Containerships and its logistics operations."A combination agreement between Container Finance Ltd Oy and CMA CGM, signed on 20th June 2018, has been accepted unconditionally by all relevant competition authorities meaning CMA CGM is free to take over short sea carrier Containerships…

Image: CMA CGM

CMA CGM Inaugurates the Incubator ZeBox

Rodolphe Saadé, chairman and chief executive officer of CMA CGM Group  and French minister in charge of transport Elisabeth Borne inaugurated ZeBox, a new start-up incubator and accelerator in Marseilles.Initiated by CMA CGM, ZeBox is a human-sized incubator and accelerator with two objectives: Support start-ups throughout their development by immediately projecting them into an international dimension; and enable large companies to benefit from the innovations developed by these start-ups in their respective business sectors.On the occasion of the inauguration of ZeBox…

Photo by CMA CGM

CMA CGM Celebrates 40 Years of Entrepreneurialship

40 years ago, on September 13th, 1978, Jacques R. Saadé launched the first maritime line between Marseilles and Beirut, with only one ship and 4 employees. The day marked the beginning of an extraordinary humane and entrepreneurial adventure, said a press release.According to the statement, 40 years later, CMA CGM has become a recognized world leader, with 34,000 employees and a presence in more than 160 countries. History: It is amid the Lebanese war that Jacques R. Saadé decided to settle in Marseilles to protect his family.

Photo: Port of Hamburg

CMA CGM Margin Hit in Q2

French shipping liner CMA CGM said that rising oil price impacted its operating income in second quarter of 2018. "Volume growth and positive net income in a market environment affected by rising fuel costs," said a press statement from the company.Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group, commented on the results:"Over the second quarter CMA CGM has recorded a core EBIT margin close to the first quarter as well as a positive net income in spite of a sharp increase in fuel prices.

(Photo: Eric Haun)

CMA CGM Looks to Leverage Artificial Intelligence

French shipping group CMA CGM said it has been working with a San Francisco-based startup on a project to embed artificial intelligence and advanced digital technologies aboard its containerships.The collaboration kicked off in the beginning of 2018 and includes the maritime focused tech startup Shone, which was founded by three French engineers in 2017 to introduce artificial intelligence such as is already found in cars on board ships.Through the partnership, Shone has gained…

Photo: CMA CGM

CMA CGM Sets Surcharge to Offset Fuel Price Surge

French shipping group CMA CGM said on Friday it would introduce an exceptional surcharge after its first quarter earnings were hit by a sharp rise in bunker fuel prices.The move comes after Maersk Line, the world's largest container shipping company, announced a similar "emergency bunker surcharge" earlier on Friday.CMA CGM, one of the world's biggest container lines, did not detail the amount of the surcharge, nor the date of its implementation.Oil prices hit their highest since late 2014 at $80.50 a barrel this month…

President Joko Widodo meeting CMA CGM staff - Jakarta Port (Photo: CMA GCM)

Indonesian President Widodo Visits CMA CGM in Jakarta

CMA CGM welcomed, on Tuesday May 15, the Indonesian President, His Excellency Joko Widodo, on the occasion of his visit to the port of Jakarta (JICT). President Widodo was accompanied by the Minister of Industry, Mr. Airlangga Hartarto, the Minister of Trade, Mr. Enggartiasto Lukita, the Minister of Transportation, Mr. Budi Karya Sumadi, and the Minister of State-Owned Enterprises, Mrs. Rini Soemarno. President Widodo met with the local CMA CGM staff and the crew of the CMA CGM TAGE, a 9,365 TEU ship deployed on the JAX Route between Southeast Asia and the West Coast of the United States.

Photo: CMA CGM

Happy Reunion with CMA CGM

CMA CGM is offering more Reunion Island services as it positions the French department to be its hub in the Indian Ocean. CMA CGM presented its new strengthened services offer linking the Reunion Island during the inauguration of the Group’s new offices, on Tuesday 26th January. The event took place the day before the inauguration of the New Port Reunion. The Reunion Island now becomes CMA CGM Group’s maritime hub in the Indian Ocean. CMA CGM positions the Reunion Island as a strategic hub in the Indian Ocean: by offering 5 weekly calls compared to 3 previously…