CMA CGM Sticks to Controversial Bunker Surcharge, and Raises the Price

By Mike Wackett (The Loadstar) - CMA CGM Group, which includes ocean carrier APL, has raised its emergency bunker surcharge (EBS) to $100 per teu for all deepsea cargo movements from 1 December. Introduced by the French carrier and a number of its peers on 1 June, in response to higher fuel prices, the controversial EBS was initially set by CMA CGM at $55 per … [Read more...]

France’s CMA CGM Offers to Buy Out Other Ceva Shareholders

By Gus Trompiz and Sudip Kar-Gupta PARIS/ZURICH, Oct 25 (Reuters) - French shipping group CMA CGM will offer to buy out other shareholders of Ceva Logistics in a move to reinforce its partnership with the Swiss transport company, possibly resulting in it gaining majority control. CMA CGM, which already owns around a third of Ceva's share capital, said it would launch a … [Read more...]

MAIB Says Lack of Communication to Blame for CMA CGM Centaurus Hitting Pier Wall in Jebel Ali

The UK Marine Accident Investigation Branch has released its report on the UK-registered CMA CGM Centaurus' heavy contact with the pier and two shore cranes during its arrival under pilotage at Jebel Ali last year. The accident resulted in the collapse of a shore crane and 10 injuries, including one serious injury, to shore personnel. Video of the accident was captured on … [Read more...]

CMA CGM Says Global Sulphur Cap to Cost Customers $160 Per TEU on Average

French shipping giant CMA CGM on Monday said the 2020 global sulphur cap regulation will cost an estimated $160 per twenty-foot container or equivalent unit (TEU) to be paid by its customers in the form of a fuel surcharge. CMA CGM, the world's fourth-largest container shipping line by overall TEU volume, is the latest of the major ocean carriers to reveal how it intends to … [Read more...]

CMA CGM Takes Delivery of France’s Biggest Ship, the 20,600 TEU ‘Antoine De Saint Exupery ‘

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...]