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France's CMA CGM Opens Tehran Office - Financial Tribune

France's CMA CGM Opens Tehran OfficeFinancial TribuneFrance's CMA CGM, the world's third largest container shipping group, has launched a Tehran office. “CMA CGM Group has appointed CMA CGM Pars as its new agency in Iran as of May 1, 2017,” reads a statement published Thursday on the company's ......
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CMA CGM, Adani Team Up on Mundra Ports’ New Terminal

CMA Terminals (CMAT), a part of French shipping giant CMA CGM, and India’s port developer Adani Ports and Special Economic Zone Limited (APSEZ) have signed an agreement to jointly operate container terminal 4 at Mundra Port for 15 years. In July 2014, APSEZ and CMAT signed a Joint Venture agreement and have now operationalised the new container terminal named...
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Spotted: CMA CGM Otello Becomes Largest Boxship to Call Indonesia

In today’s spotted, we bring you an image of CMA CGM Otello which arrived at the Jakarta International Container Terminal in Indonesia earlier this week as the largest container vessel to call this country.  During the ship’s visit, its maiden voyage for “the industry’s first direct service” from Indonesia to the United States was celebrated...
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Spotted: CMA CGM Becomes Largest Boxship to Call Indonesia

In today’s spotted, we bring you an image of CMA CGM Otello which arrived at the Jakarta International Container Terminal in Indonesia earlier this week as the largest container vessel to call this country.  During the ship’s visit, its maiden voyage for “the industry’s first direct service” from Indonesia to the United States was celebrated...
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CMA CGM Ship Catches Fire off Spain

The 9,415 TEU containership CMA CGM Fidelio caught fire while it was sailing off the coast of Ibiza, Spain on March 24, a representative of the vessel’s owner, the French shipping giant CMA CGM, confirmed. The fire, which started in the back of the ship at 4 am, was soon extinguished and CMA CGM Fidelio continued its...
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CMA CGM, PSA Singapore Start 2nd Phase of Box Terminal JV

French container shipping company CMA CGM and PSA Singapore, a subsidiary of PSA International, launched the second phase of their container terminal joint venture in Singapore on March 27. The CMA CGM – PSA Lion Terminal (CPLT) started operations with two mega container berths at PSA Singapore’s Pasir Panjang Terminal 5 (PPT 5) that had an initial...
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CMA 2017: Trump's not favouring shipping - TradeWinds

CMA 2017: Trump's not favouring shippingTradeWinds (subscription)The new US presidential administration may not be that friendly to the shipping industry due to planned budget cuts and potential trade barriers, says Blank Rome partner Matthew Thomas. He presented his views during a panel discussion at the ......
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US outlines cyber path forward at CMA

New guidance on cyber risk management coming from the US Coast Guard aimed specifically at terminal operators could be a guide for vessel operators looking to install a cyber risk management scheme through their safety management systems....
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CMA CGM Back to Black in Q4, Delays Newbuilding Trio

French container shipping major CMA CGM has reported a net loss of USD 452 million for 2016, despite turning back to profit in the fourth quarter of the year amid increase in freight rates. The company sank to red after reporting USD 567 million in 2015. However, CMA CGM seems to be on track of...
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CMA CGM Returns to Profit in Q4

PARIS, March 10 (Reuters) – CMA CGM, the world’s third-largest container line, swung back to a net profit in the fourth quarter of last year, supported by a recovery in freight rates and efficiency measures taken during a prolonged downturn in shipping, the company said. The improvement in the shipping market had continued at the...
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CMA CGM Signs with E-Commerce Giant Alibaba

CMA CGM has followed Maersk’s lead, signing a memorandum of understanding (MoU) with the world’s largest e-commerce platform Alibaba. The agreement is for container space on its Asia-Mediterranean and Asia-Adriatic services, booked via Alibaba’s OneTouch platform. The service will allow Chinese exporters to bypass freight forwarders, using OneTouch to book space on CMA CGM’s MEX...
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CMA CGM, Alibaba Ink MOU on Digital Cooperation

French container shipping major CMA CGM and Chinese e-commerce company Alibaba have signed a memorandum of understanding (MOU) in Hangzhou, China, to seek cooperation in the digital area. The duo intends to provide digitized services via the One Touch platform. The two firms said they propose “an alternative for direct booking platform for customers and...
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CMA CGM Hires Diana Containerships’ Post-Panamax

Nasdaq-listed containership owner Diana Containerships has entered into a time charter contract with French shipping company CMA CGM for one of its Post-Panamax container vessels, the M/V Rotterdam. The gross charter rate is USD 6,890 per day for a period of minimum eight to maximum eleven months, with the charter expected to commence on March...
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CMA CGM Enhances East Med-North Europe Service

French container shipping company CMA CGM plans to upgrade NC Levant, a service connecting the Eastern Mediterranean Sea and Northern Europe via Malta, Spain and Italy, starting from February 23, 2017. The enhanced service will be operated in partnership with two container shipping firms, Hamburg Süd and Seago, with one 6,500 TEU vessel and four 5,900 TEU...
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CMA CGM Boosts India Middle East – East Africa Links

French container shipping major CMA CGM has decided to upgrade two weekly services connecting India Middle East Gulf to East Africa, starting from February 20, 2017.  The services in question are Swahili Express and Noura Express which have a combined fleet of nine vessels of up to 3,500 TEU, with twelve ports of call. Commencing...
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CMA CGM Names Rodolphe Saade to Succeed Father as CEO

PARIS, Feb 8 (Reuters) – Container shipping group CMA CGM has promoted Rodolphe Saade to be chief executive officer, succeeding his father and company founder Jacques Saade. Jacques Saade, who has just turned 80 and who established the firm in 1978 after leaving Lebanon, his country of birth, retains his role of board chairman, CMA...
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Rodolphe Saadé New CEO of CMA CGM

Rodolphe Saadé has been appointed as the new Chief Executive Officer of the French shipping company CMA CGM Group, taking over the reins from his father Mr. Jacques Saadé. Jacques Saadé remains Chairman of the Board of Directors, the company informed.  “Rodolphe has proven himself over the years, and he has my deepest trust as Chief Executive...
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CMA CGM Modifies Asia-West Africa Coverage

CMA CGM Modifies Asia-West Africa CoverageFrench container shipping major CMA CGM plans to reorganize services on the Asia-West Africa route, starting from the first week of March 2017.  The firm said it has introduced the changes “in line with the West Africa market trend.” CMA CGM intends to withdraw the WAX 2 service, which was...
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CMA CGM, Total Sign Low Emission Fuel Partnership

CMA CGM, Total Sign Low Emission Fuel PartnershipPARIS, Feb 1 (Reuters) – Container shipping group CMA CGM has signed an agreement with Total under which the oil and gas major will supply lower emission fuels in line with stricter environmental regulations in the shipping sector. Under a three-year memorandum of understanding, Total will become a...
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CMA CGM, Total Partner Up on Lower Emission Marine Fuel

CMA CGM, Total Partner Up on Lower Emission Marine FuelFrench container shipping major CMA CGM and compatriot company Total have signed a three-year memorandum of understanding (MOU) under which the energy producer and provider will supply lower emission fuels, which are in accordance with new environmental regulations in the shipping industry. Under the MOU, the...
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CMA CGM Enhances Turkey-North Africa Coverage

CMA CGM Enhances Turkey-North Africa CoverageFrench container shipping major CMA CGM has launched Turaf Express, a new service linking Turkey, Tunisia and Libya via Malta. The company has deployed three 1,100 TEU containerships in the service, which commenced on January 20, 2017. Turaf Express is said to be the first CMA CGM service to offer a...
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CMA CGM Selects Wärtsilä’s BWMS for New Boxships

CMA CGM Selects Wärtsilä’s BWMS for New BoxshipsFrench shipping major CMA CGM has selected Wärtsilä Ballast Water Management Systems (BWMS) for its four new 3,300 TEU container vessels currently under construction. The BWMS system chosen for these vessels is a 500m3 per hour capacity Wärtsilä Aquarius UV system. It uses a simple two-stage process involving filtration and...
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CMA, Cosco terminal arms seek alliance efficiencies

CMA, Cosco terminal arms seek alliance efficiencies [caption]Terminal arms of Ocean Alliance members are drawing closer together.[/caption]Cosco Shipping Ports signed a memorandum of understanding with the terminal operating arm of CMA CGM with a focus on increasing efficiency at ports and terminals called at by the four members of the Ocean Alliance. .The MOU Cosco...
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CMA Terminals, Cosco Ports ink deal with Ocean Alliance focus

CMA Terminals, Cosco Ports ink deal with Ocean Alliance focus [caption]Terminal arms of Ocean Alliance members are drawing closer together.[/caption]Cosco Shipping Ports signed a memorandum of understanding with the terminal operating arm of CMA CGM with a focus on ports called at by the four members of the Ocean Alliance. .The MOU Cosco Shipping Ports...
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