Tag: CMA CGM

All of the shippers are under investigation The EU Commission said it suspects that Taiwan-based Evergreen Marine Corp. and several other shippers have been engaged in cartel activities in violation of EU antitrust regulations.The commission said it launched an investigation into the matter on May 17 with a raid on the offices of the shippers since it had collected sufficient evidence pointing to their wrongdoing.However, the commission declined to disclose any further details of the probe or the alleged cartel activities, saying the investigation was still in progress.Apart from Evergreen Marine, the other shippers being investigated are Singapore-based Naptune Orient Lines, Hong Kong's Orient Overseas (International) Ltd., South Korea's Hanjin Shipping, Denmark's Maersk Line, CMA CGM of France and Hapag-Lloyd of Germany.All of the shippers, including Evergreen Marine, have confirmed that they are under investigation by the EU Commission.The commission said it will respect the right of the shippers to defend themselves and has no presumptions on the results of the probe.It also said it has no timetable for wrapping up the investigation, as this will depend on several factors such as the complexity of the case and whether or not the shippers will cooperate with the investigators.The commission's records ...

Xiamen races to free grounded large Malta-flagged container ship On May 18th, a large Malta-flagged container ship, CMA CGM Libra, got stranded in the Xiamen sea area.It's the first time that a large ship has run aground at Xiamen Port. The Xiamen government paid close attention to the rescue work for the large ship, reports Xiamen Daily.The large container ship with over 7,000 tons of fuel won't pose a threat to the Xiamen sea area as its body is not damaged and it is away from the main sea routes, the report said.As of May 23rd, two-thousand tons of fuel was unloaded from the ship. To speed up the rescue work, a DALI Floating Crane from Shanghai Salvage Co. (SSC), with lifting capacity of 2,500 tons, joined the rescue team on Monday.Mr. Pan Shijian, vice mayor of Xiamen, urged an all-out effort to help the Malta-flagged container ship during conferences held for the rescue work.Source: OnXiamen