Cma Cgm News

This week at MarineLink…The IMO 2020 Sulfur Cap essentially ushered in a new type of fuel - VLSFO. With it came the engine problems caused by off-spec or incompatible fuels as producers grappled with the requirement for providing a sulfur content not exceeding 0.05%. As pointed out in Lloyd’s Register’s 2024 Fuel Quality Report, persistent issues involving cat fines, stability, sulfur content and flash point continue, and isolated incidents of chemical contamination are still occurring.If new…

Container shipping companies like Maersk, CMA CGM and COSCO have ordered hundreds of new vessels in recent years meant to help their industry slash greenhouse gas (GHG) emissions to meet rising demand from customers and regulators around the globe.Their order books, however, reflect uncertainty over which of a wide array of so-called green fuels will become the standard in the decades to come, and whether supplies will be cheap and abundant enough to keep their fleets in motion.Decarbonizing…

Preliminary fiscal year-end figures show Port Everglades enjoying healthy increases in cruise, cargo and petroleum volumes resulting in record revenues."Port Everglades is one of Broward County's vital economic engines, which supports more than 11,000 local jobs. That is a direct result of the success of the amazing leadership at Port Everglades and diverse array of companies served by our port," said Broward County Mayor Nan Rich.Port Everglades is a self-supporting enterprise fund of Broward County government and does not use local property taxes to operate.

The CMA CGM Group has announced the winners of its first CMA CGM Startup Awards.The international competition, organized in partnership with BFM Business, La Tribune and ZEBOX, attracted over 400 entries from innovative startups. 60 finalists, including 34 French startups, were selected to present their projects. Among the finalists were five startups supported by ZEBOX, the international innovation gas pedal initiated by Rodolphe Saadé.The solutions presented, focusing on the shipping…

Strong global demand pushed up CMA CGM's third-quarter profit while the current quarter was seeing a rush to ship goods from China, the shipping group said on Friday as it played down the risk to trade from possible U.S. tariffs.The French company reported a net profit of $2.73 billion for third quarter, up from $388 million in the year-earlier period, supported by a 5.5% increase in volume for its main ocean shipping division.Like other shipping firms, CMA CGM has benefited from restocking by U.S.

CMA CGM Group and circular waste management company SUEZ have signed a memorandum of understanding (MoU) to establish a long-term industrial partnership on biomethane, a renewable fuel produced through waste recovery, to help decarbonise shipping in Europe.Th agreement aims for:• The supply by SUEZ of up to 100,000 tonnes of biomethane per year by 2030. This biomethane would be used by the CMA CGM Group for its gas-powered ships.• The creation of a joint investment structure with…

Investment holding company Ocean Wilsons has agreed to sell its 56.47% stake in Brazilian unit Wilson Sons to shipping services provider SAS for 4.35 billion reais ($764.9 million), it said on Monday.London-listed Ocean Wilsons, which is the controlling shareholder of shipping firm Wilson Sons, said in a statement it was a "compelling time" for the sale, after it announced last year it was reviewing its investment in the Brazilian company.The move by SAS, a unit of shipping giant MSC, follows French rival CMA CGM's $2 billion deal to buy port terminal operator Santos Brasil last month.MSC, a p

Montréal-based marine and environmental services provider LOGISTEC announced it has appointed Cleidy Liborio Fernandes as chief commercial officer.Liborio Fernandes brings her leadership skills in international business and strategic development to drive growth for the company’s marine services sector throughout North America, Latin America and internationally.“As a transformational leader with in-depth supply chain knowledge and solid experience in large commercial organizations in the marine and logistics industry…

A threatened Oct. 1 strike by dockworkers at ports on the U.S. East Coast and Gulf of Mexico would immediately disrupt the flow of goods in the country, the North America chief executive of French container carrier CMA CGM said on Wednesday.The International Longshoremen's Association union represents 45,000 workers at 36 ports including New York/New Jersey, Houston and Savannah, Georgia. The union has vowed to stop work if it does not have a new labor agreement in place when the current six-year contract expires on Sept.

Finland-based Valmet has been selected CSSC Qingdao Beihai Shipbuilding in China to deliver automation solutions for methanol fuel conversion projects aboard two CMA 9300SHI container ships.The vessels will be upgraded at CSSC Qingdao Beihai Shipbuilding in China for the French operator CMA CGM.The delivery includes applying a methanol control system and a methanol safety system.The order, whose value has not been disclosed, was included in Valmet’s orders received of the second quarter 2024.“This is Valmet’s first automation retrofit order in the Chinese marine market.

Becker Marine Systems introduced two new products at SMM which are designed to optimise vessel hydrodynamic performance: the Becker Daggerboard and the Becker Steering Gear.The Becker Daggerboard is an anti-leeway fin designed for ships equipped with modern wind- assisted propulsion systems (WAPS). When using WAPS, the desired thrust ahead components drive the ship. Depending on the wind direction, there can also be stronger or weaker lateral force components leading to leeway from the desired course.

The Alette Maersk was the first container vessel powered by low-carbon methanol fuel to cross the Pacific Ocean - a milestone in the shipping industry's effort to reduce its climate impact.But when the 1,148-foot (350-meter) vessel arrived at the Port of Los Angeles from China last week, there was nowhere in the U.S. to buy more of the green fuel, forcing it to rely heavily on petroleum-based maritime fuel for the return trip.At a day-long ship naming event on Tuesday, A.P. Moller…

The containership CMA CGM Belem has arrived safely at anchorage in the Port of Ngqurha after losing nearly 100 containers in heavy seas off the coast of South Africa.The Maltese-flagged vessel suffered a significant stow collapse and a loss of 99 containers overboard while encountering severe weather off the coast of Richards Bay on the night of August 15, the South African Maritime Safety Authority (SAMSA) said.The 336-meter-long vessel had initially sought refuge at Maputo Bay but was redirected to Gqeberha…

Swiss marine power company WinGD has teamed up with global shipping line CMA CGM to test its Variable Compression Ratio (VCR) technology for dual-fuel engines onboard one of CMA CGM’s vessels.The collaboration marks the first field test for the new dual-fuel engine technology and follows successful factory tests showing significant efficiency improvements with both diesel and LNG fuel.The CMA CGM project comprises a long-term, full-scale test to confirm operability and reliability.Onboard testing is expected to begin following the dry-docking of the vessel in September…

Maersk expects global container shipping growth to slow from a strong start to the year, when customers soaked up goods to prevent them from being held up by Red Sea attacks and other disruptions, it said on Wednesday.The Danish company, viewed as a barometer of world trade, said global container demand increased about 7% year-on-year in the first half of the year, boosted by robust demand from Europe, emerging markets and strong Chinese exports."That is a lot and we expect the second half of the year to be less strong…

French engineering firm GTT has received two orders from its Korean partner HD Korea Shipbuilding & Offshore Engineering (HD KSOE) to design the cryogenic fuel tanks for 12 new LNG-fueled container vessels on behalf of CMA CGM.Under these new orders, HD Hyundai Heavy Industries (HHI) and HD Hyundai Samho (HSHI) will each build six container ships.Each ship will offer a capacity of 15,500 TEU and integrate LNG tanks with a total volume of 12,700 m³.These tanks will incorporate…

Shipping giant CMA CGM said on Thursday that brisk international trade and Red Sea disruption supported its main maritime division in the second quarter and should limit any market slowdown later this year as new ship capacity arrives.The world's third-largest container shipping line reported a 6.8% year-on-year increase in volumes in the second quarter. Volumes also rose more than 6% from the first three months of the year when the group started seeing an upturn in demand.Restocking by U.S.

CMA CGM is launching the CMA CGM Startup Awards, an international competition to support the best startups in maritime transport, logistics, and media.From July 23 to September 15, 2024, entrepreneurs worldwide in these three sectors are invited to apply via the ZEBOX website. Winners will receive funding, tailored support, and collaboration opportunities with the Group on strategic projects.CMA CGM believes that entrepreneurial innovation is growing globally, addressing major challenges of our time and industry.

CMA CGM and Google announced a  partnership to accelerate the integration of artificial intelligence (AI) across CMA CGM's operations globally.“By combining CMA CGM’s deep expertise in shipping and logistics with Google's AI tools and secure infrastructure we can help CMA CGM digitally transform its own operations and those of its customers," said Sundar Pichai, CEO of Google and Alphabet. "This partnership is a prime example of how AI can assist employees, improve outcomes for customers…

Salvage operations were in high-gear on Thursday to prevent a potential oil spill and pollution along South Africa's west coast from a grounded general cargo vessel, authorities said.The Panama-flagged "Ultra Galaxy" ran aground close to Doring Bay, some 300 km north of Cape Town, late on Tuesday after it started listing badly.

French shipping and logistics company CMA CGM said on Thursday that its ship "Benjamin Franklin" had lost 44 containers in difficult weather conditions off the coast of South Africa on Tuesday."No injury to the crew has been reported, no pollution, no strong damage to the vessel which remains fully seaworthy," the company said, adding that 33 additional containers had been damaged.The ship was traveling westbound from Asia to Europe when it encountered "unexpectedly strong adverse weather conditions"…

FueLNG has successfully completed its 200th ship-to-ship (STS) LNG bunkering operation.The milestone operation was conducted by FueLNG Venosa, delivering 9,000 cubic metres (cbm) of LNG fuel to CMA CGM Bahia on 29th June at the Raffles Reserve Anchorage in Singapore. This vessel is part of a new generation of six CMA CGM containerships featuring “biomethane and e-methane ready” engines and an enhanced aerodynamic design.Saunak Rai, FueLNG's General Manager said: "We are immensely proud to celebrate our 200th STS LNG bunkering operation.

TCP, an arm of China Merchants Port, is working to dissuade a logistics firm from applying a surcharge on outgoing cargos at South America's largest container terminal, TCP Commercial Director Carolina Brown said.France-based logistics firm CMA CGM's $150 surcharge, which would take effect on July 1, could impact the cost of shipping goods through Brazil's main refrigerated container terminal, which is also the world's biggest chicken export corridor."We have already contacted CMA…