French shipping group CMA CGM inaugurated its new flagship vessel CMA CGM Antoine De Saint Exupery this week in Le Havre, France. At 400-meters long by 59-meter wide, the vessel has the capacity to carry 20,600 twenty-foot containers, making it the largest to sail under the French flag. CMA CGM took delivery of the CMA CGM Antoine De Saint Exupery in January from Hanjin … [Read more...]
CMA CGM Sees Better H2 Margin After Oil Hit in H1
PARIS, Sept 7 (Reuters) - CMA CGM, one of the world's largest container shipping lines, said on Friday it expects its operating margin to improve in the second half of the year after higher oil prices squeezed profits in the first half. "We are confident for the second half of the year. We anticipate an improved operating margin thanks to the rise in freight rates and … [Read more...]
CMA CGM Sees Brisk China-U.S. Trade for Now
By Gus Trompiz LE HAVRE, France, Sept 6 (Reuters) - CMA CGM, one of the world's largest container shipping lines, is benefiting from strong trade flows between China and the United States for now, the French group's chief executive said. Despite tit-for-tat tariffs imposed by Washington and Beijing, the traditional third-quarter 'peak season' of Chinese exports to the … [Read more...]
CMA CGM’s 22,000 TEU Ships to Feature ‘Bulbless’ Bow Made for Slow-Steaming
By Mike Wackett (The Loadstar) - A steel cutting ceremony took place in China last week on the hulls of the first two ships of CMA CGM’s order for nine 22,500 teu LNG-powered ULCVs, featuring a potentially game-changing bow design. Alongside similar ULCVs being constructed for MSC in South Korea, these behemoths will be the largest containerships afloat, and the first to … [Read more...]
CMA CGM and VIKING work together for better safety equipment management
Press Release - Viking Thinking big When your fleet has a large number of vessels, including some of the world’s biggest container ships, and you operate some 200 shipping routes to visit almost all of the important commercial ports, it’s the Big Picture that really counts. Scalability, cost-efficiency, time savings, and risk reduction – these are key parameters that help … [Read more...]