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 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 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.
MSC Mediterranean Shipping Company has decided not to use the Arctic as a new short cut between northern Europe and Asia and will instead focus on enhancing environmental performance on existing global trade routes.
French shipping major, CMA CGM, announced that in light of the upcoming 2020 sulphur cap it will be compliant, providing a mix of three solutions, using compliant fuels with 0.50% or 0.10% sulphur, while it will also apply a new surcharge.
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.
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.
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 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.
Containerships, a subsidiary of the CMA CGM Group, conducted its first simultaneous operations (SIMOPS) bunkering at the Port of Rotterdam, on July 4, 2019. The vessel is the first container carriers to perform SIMOPS in Europe, by the ship-to-ship way.
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