June 7th, 20180CMA CGM continues its feeder S&P splurge , taking the 1,350 teu from German owner Schiffahrtskontortom Wörden for just over $9m, according to Alphaliner.
The vessel will come off charter to HMM in Busan on Saturday.
The 11-year-old ship features a high ratio of reefer plugs, capable of carrying 449 feu of reefers.
This is...
June 7th, 20180Offshore engineering specialist TechnipFMC has been awarded a contract by Woodside to upgrade the Pluto platform for water treatment offshore Western Australia.
The contract includes the engineering, procurement, construction, installation and commissioning (EPCIC) of the Pluto water handling module, which will be installed on the...
June 6th, 20180CMA CGM’s Ze Box and PSA unboXed have signed a Memorandum of Understanding (MoU) to drive digitalisation and innovation in the shipping and supply chain ecosystem. Ze Box is CMA CGM’s corporate venture capital arm that invests in start-ups with innovations that bring strategic value to the CMA CGM Group, while PSA unboXed is PSA...
June 5th, 20180France’s CMA CGM Group has announced its collaboration with Shone, a San Francisco-based startup that is specializing in the use of artificial intelligence (AI) for maritime transportation.
The collaboration enables Shone to access CMA CGM vessels to collect data for analysis and to finalise the development of AI systems on board...
June 5th, 20180Anti-corruption police are investigating allegations that French president Emmanuel Macron’s chief of staff, Alexis Kohler, violated conflict of interest rules in dealings with Mediterranean Shipping Company earlier on his career at the finance ministry.
The transparency campaign group Anticor launched a lawsuit on Friday after the...
May 15th, 20180An insurance company is teaming up with a leading marine equipment manufacturer to explore how to develop ships of the future, with an eye on autonomous vessels.
Rolls-Royce and AXA Corporate Solutions have signed a Letter of Intent (LOI) to explore ways in which they can combine their respective products, to bring a new offering to...
April 27th, 20180Vincent Bolloré, a famous French name in the world of transport, has been given preliminary charges in an investigation into alleged corruption surrounding port deals in Africa.
The Bolloré Group is one of France’s largest business empires with interests in transport, media and oil. The group have said it will now "answer these...
April 27th, 20180Leading Singaporean shipbuilding group Sembcorp Marine has taken another big step in fulfilling its LNG ambitions. It has signed a technical assistance and license agreement (TALA) with France’s GTT for the design and construction of Sembcorp Gravifloat, FSRU and mid-scale LNG carrier products, using GTT membrane solutions.
Sembcorp...
April 25th, 20180Vincent Bolloré, one of the most famous names in French maritime transport, has been taken in for questions by anti-corruption police near Paris.
The police are believed to have questioned the billionaire about his business dealings in Africa.
The Bolloré Group has denied any irregularities.
Prosecutors believe a Bolloré...
April 25th, 20180In its latest weekly report online pricing portal VesselsValue lists French container shipping giant CMA CGM as moving for another feeder vessel.
CMA CGM is spending $4m for the 15-year-old 1,118 teu Victoria Strait, a deal the portal believes is a good one for the Marseille-headquartered line as the ship is valued by VesselsValue at...
