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..
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..
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..
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..
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..
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..
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..