December 11th, 20180Global Ship Lease has chartered out two boxships to CMA CGM for a period of five years.
The 2015-built 6,882 teu UASC Bubiyan and UASC Yas will commence the charters during the second quarter of 2019 at a rate of $25,910 per day. The rate is up from $20,000 per day the vessels, brought in from the acquisition of Poseidon Containers,...
December 10th, 20183Japan’s NYK has ordered a pair of 174,000 cu m LNG carriers from Samsung Heavy Industries as part of a long-term contract signed with Total Gas & Power Chartering.
The membrane-type LNG carriers are scheduled for delivery in 2021, and will be operated by Gazocean, a joint venture between NYK and Total.
In October NYK ordered...
December 6th, 20180Shippers securing guaranteed space on boxships via online booking systems looks to be a key battleground as 2019 hoves into view. CMA CGM, the world’s third largest containerline, yesterday became the first ocean carrier to sign up to box platform Freightos’s direct digital sales, booking, and shipment management system to cover the...
November 30th, 20180Anadarko Petroleum Corporation and its partners have selected a consortium of TechnipFMC and VanOord as the preferred tenderer for the engineering, procurement, construction and installation of the offshore subsea system for the Mozambique LNG project.
Mitch Ingram, executive VP, international deepwater and exploration, commented:...
November 28th, 20180French car manufacturer Renault has signed a three-year partnership with compatriot start-up Neoline to get more of the group's vehicles and parts moved by sail technology, the latest in a recent flurry of important sail-related developments to hit the commercial shipping scene.
Jean-Philippe Hermine, vice president, strategic...
November 27th, 20180French line CMA CGM and potential new acquisition CEVA Logistics have outlined how the pair intend to grow together, albeit as separate brands. CMA CGM yesterday gave more details of its planned takeover of the logistics outfit.
Under the new plans CEVA will take over CMA CGM’s freight management activities called CCLog, following...
November 14th, 20180Global Ship Lease has announced a new charter to CMA CGM as well as the extension of two exisiting charters.
, a 2003-built 2,207 teu boxship, is going on charter to CMA CGM subsidiary ANL for a period of seven to 10 months. The charter commences November 20 and is at a rate of $8,450 per day. CMA CGM has been paying $7,800 per day...
November 12th, 20180Poseidon Containers, which is in the middle of a merger with Global Ship Lease, has agreed charters with France’s CMA CGM for four of its 6,927 teu containerships.
Mary, Kristina, Katherine and Alexandra have been fixed to CMA CGM for a period of five years, generating around $135m revenue for the company.
Ian Webber, who is the...
November 5th, 20180French offshore vessel owner Bourbon Offshore has gone to the courts to commence conciliation procedures to help with its financial restructuring, a move which will see a conciliator appointed to help reach an agreement with the company’s stakeholders.
Conciliation is a pre-insolvency procedure available to French companies which...
November 1st, 20180France’s CMA CGM has completed the acquisition of Finnish containership owner and logistics firm Container Finance.
The deal with sees Containerships, Multi-link Terminals and CD Holding all integrate CMA CGM’s intra-regional market offering in Europe. Containerships is active in the intra-European market offering logistics...
