New initiative aims to strengthen collaboration within the industry

COSCO, China’s state-run shipping conglomerate has debuted a cross-industry treaty during the World Shipping Summit in Shanghai with the aim to strengthen collaboration among actors from different sectors within the industry. The first batch of companies to join the initiative are Cosco Shipping, Maersk, Evergreen, CMA CGM, Yang Ming, Seaspan, Zeebrugge Port, Shandong Port Group, China Grain Reserves, BIMCO, Chalco Logistics, Kawasaki Heavy Industries, China Mobile and China FAW.

CargoSmart completes proof-of-concept of data exchange platform

CargoSmart announced the successful completion of a proof-of-concept with eTradeConnect, of the new data exchange platform Global Shipping Business Network (GSBN). The engagement explored ways to enhance global trade through better collaboration among shippers, banks, terminal operators, and ocean carriers, with applications to be further developed once the GSBN is formed.

CMA CGM, DP World expand their operations at Le Havre port

CMA CGM and DP World launch a joint initiative provided with a contract to expand their box facilities at the port of Le Havre in northern France, under the signed 34-year agreement, which enables the partners to operate at the port.

Watch: CMA CGM launches world’s largest LNG-powered containership

The French shipping company, CMA CGM, launched the largest LNG-powered containership, Jacques Saadé, which is the first of nine 23,000 TEU containerships and future CMA CGM Group flagship. Total, the French energy major sealed the 10-year deal for the supply of approximately 300,000 tons of LNG for the nine containerships annually.

New rail service to connect Port of Rotterdam with German hinterland

French shipping and logistics firm CMA CGM Group announced the introduction of Rhine Valley Rail, a new rail service connecting the Port of Rotterdam with the German hinterland. The new service will officially start with its first train departure in Dortmund on October 18th.

Shipping giants take part in new data exchange platform

Shipment management software solutions provider, CargoSmart, announced the execution of Global Shipping Business Network (GSBN) Services Agreements with maritime industry operators CMA CGM, Cosco Shipping Lines, Cosco Shipping Ports, Hapag-Lloyd, Hutchison Ports, OOCL, Port of Qingdao, PSA International and Shanghai International Port Group.

CMA CGM maintains its security measures for operations in Persian Gulf

CMA CGM reported that its security measures are sufficient to keep operating in the Persian Gulf region, following concerns over a possible dispute between Iran and major global powers, Reuters reports, although the shipping company halted its operations in Iran in 2018 following the US sanctions. 


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