Tag: CMA CGM

Changes of Schedules on Four Continents After the recent news that CMA CGM and MSC will be working more closely together to maximise efficiency of freight services the two giant container shipping lines have confirmed adjustments to their schedules whilst Maersk, Hamburg Süd, CSAV and CSCL have also seen Winter season restructuring.In an effort to balance supply and demand during the forthcoming traditional period of weaker demand, Hamburg Süd and Maersk Line on the one hand and CMA-CGM, CSAV and CSCL on the other, have reached an agreement to adjust their services between Asia, South Africa and the East Coast of South America as from this month until next May.Each Group is currently operating two weekly services in the trade. For the period from December 2011 through May 2012, the existing ASAS/NGX Sling 2 service will be merged with the existing ASAX/SEAS Sling 2 service. The current capacity deployed by the carriers in the ASAS/NGX Sling 1 service (Maersk and Hamburg Süd ) and ASAX/SEAS Sling 1 service (CMA CGM, CSAV, CSCL) will remain unchanged and independent. This means the ASAX/SEAS 1 which currently utilises eleven 6,500 TEU vessels will now have the same number of smaller ships each between ...

Trades including Asia-Northern Europe, Asia-Southern Africa and all of the South American markets The world's second and third-largest container shipping companies have announced the signature of a major agreement. The two family-owned companies, the Swiss-Italian MSC and France's CMA CGM, agreed to form a broad-based operating partnership spanning several trades, including Asia-Northern Europe, Asia-Southern Africa and all of the South American markets.The agreement, which is designed to improve the two partners' respective performance, will help to drive extensive operating synergies and enhance quality of service for all of their customers.On a certain number of trades, the partnership will also enable the Groups to deploy the best ships in each of their fleets, while increasing the number of ports of call and frequency of sailings.Diego Aponte, Vice President of MSC, said: "we are very happy to have signed this broad-based partnership, which will unite our two family-owned companies in the years ahead. The agreement offers us new opportunities to optimise the use of our respective fleets, improve our transit times and increase our performance."Rodolphe Saadé, Executive Officer of CMA CGM Group, said: "for more than 30 years, our two companies have followed the same trajectory and for a number of years ...

Three cases in which refrigeration units had exploded for no apparent reason. Hundreds of refrigerated containers have been quarantined in various locations around the world following reports of compressor explosions and incidents of spontaneous combustion that have resulted in at least three fatalities.The alarm was raised by Maersk Line on 18 October when it informed the World Shipping Council's Safe Transport of Containers Working Group that it had recently experienced three cases in which refrigeration units had exploded for no apparent reason.While the precise causes of the explosions are still under investigation, Maersk said it had ascertained that all three refrigeration units involved had received gas repairs in Vietnam between late March and late April and advised other lines that had had similar gas repairs or maintenance to refrigeration units in Vietnam to identify and investigate those units.Observers say all the major reefer machinery brands - Carrier, Daikin, Thermo King and Star Cool - are potentially affected by what is suspected to be the introduction of contaminated or otherwise unsuitable refrigerant gas into the system that causes a chemical reaction when it comes into contact with R134a, oil or air, creating a flammable/explosive mixture.At least two Carrier ThinLINE and one ...

Capacity already is withdrawing from the toughest markets Struggling with sliding rates amid plentiful capacity on major world trade lanes, several container line executives say they are starting to consider whether to lay up some vessels in a search for greater supply-demand equilibrium."If we have to do it, we will do it, yes," CMA CGM Executive Officer Rodolphe Saade said this week at The Journal of Commerce annual TPM Asia conference.Several carriers have withdrawn trans-Pacific services recently after peak season surcharges failed to hold for any extended period and spot rates have slipped back, prompting a forecast from Alphaliner that carriers will lose a collective $300 million this year on the trade lane. Some believe losses on the trans-Pacific could be double that figure. Conditions for the carriers are even tougher on Asia-Europe lanes, where the deployment of large vessels is keeping rates at low levels.Saade said capacity already is withdrawing from the toughest markets. "It is taking place now on some trades. Is it taking place enough? No," he said. "More capacity needs to come out."Tim Smith, the North Asia CEO of Maersk Line, said shipping lines are wary of discussing capacity plans publicly after an outcry from shippers ...

CMA CGM says it will add the Port of New Orleans to its Gulf Bridge Express service Container shipper CMA CGM says it will add the Port of New Orleans to its Gulf Bridge Express service linking the Gulf Coast with the Caribbean and ports in South and Central America.The Marseilles, France-based company said the first vessel will call on the port on Oct. 1.Company officials said the decision was made to increase exports and imports going through its hub in Kingston, Jamaica.Source: AP

Lloyd's List Awards CMA CGM Group is pleased to announce that it has been recognised "Company of the Year" by Lloyd's List during the ceremony held on 20 September in London.CMA CGM received the award based on its ability and willingness to innovate and adapt to the rapidly changing nature of the shipping markets over the past 12 months.According to Richard Meade, editor of Lloyd's List, "CMA CGM impressed the panel with its capability to overcome the odds and an impressive display of resilience. CMA CGM confounded expectations by swinging back into the black with such vigor that it has outpaced rivals in terms of operating margins during the first half of this year.It was one of only four container lines that could claim to in the black during the period. Amid challenging market conditions, poor economic prospects and rampant overcapacity, this company has become well known for its ability to innovative and challenge expectations"CMA CGM is honored by this award, which highlight the dedication and expertise of its 17,200 staff members worldwide. A mobilization that enables the Group to react quickly to meet every one of its customers' needs and provide the best service possible in every aspect of ...

Carrier adds New Orleans, Venezuela calls to Gulf-Mexico-Caribbean Route CMA CGM is upgrading its Gulf Bridge Express service linking the Gulf of Mexico, Mexico and the Caribbean with the addition of direct calls in New Orleans and Puerto Cabello, Venezuela.The upgrade connects New Orleans directly or via Kingston, Jamaica, to the Caribbean and the Central and South American markets, the French carrier said.Puerto Cabello will benefit from weekly direct connections from the U.S. Gulf, Mexico, Colombia and the Caribbean basin via Kingston.Transit times will be among the fastest in the region, according to CMA CGM. The Gulf Bridge Express service will call Puerto Cabello for the first time on Sept. 21 and New Orleans on Oct. 1.The new rotation will be: New Orleans; Altamira and Veracruz, Mexico; Kingston; Cartagena, Colombia; Puerto Cabello and La Guaira, Venezuela; Kingston and New Orleans. Source: The Journal of Commerce

Maersk Lines-Mediterranean Shipping Company- CMA CGM- Evergreen Marine- American President Line 5. American President Line.American President Lines, or APL for short, services more than 140 countries worldwide and employs close to 20,000 people, making it one of the biggest container shipping companies in the world. APL has offices in nearly 100 countries worldwide, and reaches almost every inch of the globe. Originally founded immediately following the Mexican-American War in 1848 as the Pacific Mail Steamship Company, the company has a rich history that includes shipping gold to the East Coast during the Civil War to support the Northern Cause. APL was taken over by the Dollar Shipping Company shortly after World War I, and was taken over by the U.S. government in 1938.The company also has a ship that survived World War II on display in Los Angeles, the S.S. Lane Victory, a ship that is deemed a U.S. National Historic Landmark.4. Evergreen MarineBased in Taiwan, Evergreen Marine's shipping operations mainly focus on the east coast of Asia and the west coast o North America. With a fleet of over 150 container ships, Evergreen Marine is well prepared for continued growth among Asia's emerging powers. The company also has major ...

For a minimum period of 35 years The CMA CGM Group is pleased to announce the signing of a Memorandum of Understanding (MOU) for the operation, equipment and expansion of the Gordon Cay Container Terminal in the Jamaican port of Kingston, for a minimum period of 35 years. The project to develop the terminal will be based on the existing facilities.Signed on 4 August 2011 by RodolpheSaadé, CMA CGM Executive Officer, and the Chairman of the Port of Kingston, in the presence of Jamaica's Minister of Transport Michael Henry, the MOU marks the start of a major investment program before the terminal is fully commissioned in 2015.The project to widen the Panama Canal will require a major reorganization of shipping, particularly in the Caribbean and North America region. The "New Panamax" vessels, with capacities up to 12,500 TEUs will be able to cross the Canal, compared to the current limit on 4,000 TEUs. Transport distribution will only be possible from a hub that can accommodate these giants, which is currently not the case for most ports in the Caribbean and on the United States East Coast.Development of a central hub in Kingston will allow CMA CGM to take full advantage ...

Effective on August 3rd , 2011 CMA CGM Group is pleased to announce the launch of a new direct service linking Asia to West Africa , effective August 3rd, 2011 Named WAX II, this new service will be operated in partnership with CSAV and will deploy 10 vessels from 2,500 TEUs up to 3,100 TEUs (5 CMA CGM vessels, 5 CSAV vessels). It will serve China , Hong Kong , Malaysia , Nigeria , Togo , Ghana , Ivory Coast and Cameroon .This service will enable the Group to provide its customers with the following advantages:Better coverage of West African ports with, in particular, a direct call to Cameroon at the port of Douala An enhanced transhipment capacity from Lomé to Cotonou A call to CMA CGM's Port Kelang hub, giving access to the south-eastern Asian market Improved transit times: a record transit time of 22 days between Apapa, first port of call on the West Coast of Africa and Port Kelang. "The launch of this WAX II service is another illustration of the CMA CGM Group's determination to provide direct services between Asia and West Africa to meet the growing demand of its customers on this trade ", explains ...