CMA-CGM

CMA CGM to stop all spot freight rate increases


Categories Freight Rates, Information, News, Shared Articles Tags , , 1 Comment  2 minutes
shipping and freight news - shipping and freight resource

The shipping industry and particularly exporters and importers have been subject to heavy freight rate increases since the 3rd quarter of 2020 increasing from around $2,032/40′ in September 2020 to $10,519/40′ in September 2021.

Many customers have been complaining about the attitudes of shipping lines who they claimed were breaching contracts and demanding higher spot freight rates.

Perhaps taking cognisance of this, CMA CGM, the world’s fourth largest container shipping line has taken a decision to stop all spot rate increases.

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CMA CGM unleashes the Python double stack train service in India


Categories News, Shipping Tags , , , , 1 Comment  3 minutes
shipping and freight news - shipping and freight resource

CMA CGM the 4th largest container line in the world has further strengthened their presence in India with the launch of their “PYTHON” Train Service on the 1st of February … Read more here..

Half of the world’s container cargo data is on a single blockchain platform


Categories Blockchain, News, Press Release, Shipping, Technology Tags , , , , Leave a comment  4 minutes
Press Release

With two more major shipping leaders actively sharing information, data on nearly half of the world’s ocean container cargo is now available on a single blockchain-based data platform..

Major global container carriers MSC Mediterranean Shipping Company (MSC) and CMA CGM announced on the 15th of October 2020 that they are now integrated onto TradeLens (www.tradelens.com), helping ensure a more fully integrated, timely and consistent view of logistics data for their containerized freight around the world.

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Hydrogen Council welcomes new shipping members – CMA CGM and NYK


Categories News Tags , , , , , , Leave a comment  5 minutes
News - Shipping and Freight Resource

Hydrogen is being considered as a very viable alternative to fossil fuels and low sulphur fuels to power the maritime industry..

The Hydrogen Council, a CEO lead coalition comprising of 92 members including large multinationals, innovative SMEs and investors collectively welcomed two new steering members: CMA CGM and Microsoft; seven supporting members: Baker Hughes, Clariant, MAHLE, NYK Line, Port of Rotterdam, TechnipFMC and Umicore; and two investors: Mubadala Investment Company and Providence Asset Group..

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World’s largest LNG-Powered containership launched


Categories Shipping and Freight Tags , , , 2 Comments  4 minutes
LNG powered containership

Climate change has been and is at the heart of many initiatives within the shipping and freight industry.. Whether it is IMO’s proposed implementation of IMO 2020 regulations 98 days down the road, or the use of bio fuels to run ships or the use of scrubbers or LNG powered ships, there are several initiatives being followed by the industry..

In line with this, Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group announced in 2017 that the group would be ordering a series of 23,000-TEU containerships that would be the world’s first ever to be powered by LNG (liquefied natural gas)..

This decision became a reality when the group announced the launch of the world’s largest LNG powered containership..

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CMA CGM chooses environment over Northern Sea Route


Categories Climate Change, News, Press Release Tags , , 1 Comment  6 minutes
Northern Sea Route - CMA CGM

The Northern Sea Route is a shipping lane situated between the Atlantic Ocean and the Pacific Ocean along the Russian coast of Siberia and Far East.. This route crosses Barents Sea, Kara Sea, Laptev Sea, East Siberian Sea and Chukchi Sea..

Five years ago this route was quite empty between December to May.. But as per reports, currently there are more than 20 ships per day on average which are active on this route..

This is testament to the effects of climate change and global warming..

This route has become quite popular in the name of saving on transit time and costs and almost 500,000 tons of cargo passed through this route in 2018..

It has been reported that 164 different companies navigated on the route operating 26 voyages between Europe and Asia..

One shipping line however, is choosing environmental and social responsibility to protect the biodiversity of both the Arctic region and the entire planet over the Northern Sea Route..

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CMA CGM closer to full control of CEVA Logistics..??


Categories News, Press Release Tags , Leave a comment  2 minutes
shipping and freight news - shipping and freight resource

Further to launch of its public tender offer for CEVA Logistics, CMA CGM is now a step closer to gaining full control of CEVA Logistics.. It has now been confirmed that CMA CGM, the French shipping group controls 89.47% percent of the share capital and voting rights in the Swiss group Ceva Logistics according to provisional results announced on 14th March 2019..

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CMA-CGM launches its public tender offer for CEVA Logistics


Categories News, Press Release Tags , Leave a comment  3 minutes
CMA-CGM and CEVA Logistics - Shipping and Freight Resource

Since he took over the leadership of CMA-CGM Group in 2017 from his father Jacques Saadé, Rodolphe Saadé has made logistics a major focus of his development strategy..

As part of this strategy, in May 2018, CMA CGM confirmed its investment in CEVA Logistics, a global leading player in the logistics sector..

On the 12th of February 2019, CMA CGM launched its public tender offer for CEVA shares..

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Ocean Alliance extends agreement till 2027


Categories News, Press Release Tags , , , 2 Comments  3 minutes
shipping and freight news - shipping and freight resource

Ocean Alliance, is the world’s largest operational agreement between container shipping lines in the world and has Cosco (incorporating OOCL), CMA-CGM and Evergreen – 3rd, 4th and 7th largest container lines in the world respectively – as its members..

In what is seen as a confirmation of the trust and the strong relationship forged the partners in the Ocean Alliance, this agreement which was launched in 2017 for an initial period of 5 years, has now been extended till 2027..

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Leaders and Visionaries in Shipping – Jacques Saadé


Categories Leaders and Visionaries, News, Press Release, Shipping and Freight Tags , , , 4 Comments  5 minutes
Jacques R Saadé

In any industry, there are Leaders and Visionaries who innovate, design, create and shape it, benefiting everyone in the chain..

The Maritime, Shipping, Freight, Logistics and Supply Chain industries are no exception..

Through a series of articles, Shipping and Freight Resource is paying tribute to Leaders and Visionaries who shaped the modern day shipping industry..

In this article we offer tribute to one of the leaders and visionaries who shaped the modern day shipping industry – Jacques R. Saadé – Founder Chairman of CMA CGM Group, who passed away in Marseilles on the 24th of June 2018..

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Want to ship liquid cargo in bulk in a container..?? No problem..


Categories Freight Container, News, Press Release, Shared Articles, Technology Tags , , , 14 Comments  3 minutes
REEFLEX - Shipping and Freight Resource

If you have been wishing and looking for options to ship liquid bulk cargo in a container, your wish may have come true.. REEFLEX is an innovative idea combining the capabilities of a REEfer Container and a FLEXitank to create a transportation system developed by CMA-CGM for the shipping of liquid cargo in bulk in a container..

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