CMA CGM Press Releases feed http://www.cma-cgm.com//AboutUs/PressRoom/PressReleases.aspx CMA CGM en-US CMA CGM http://www.cma-cgm.com//AboutUs/PressRoom/PressReleaseDetail.aspx?Id=13066 http://www.cma-cgm.com//AboutUs/PressRoom/PressReleaseDetail.aspx?Id=13066 CMA CGM Business activities Tariff information Wimb Information CMA CGM revenue restoration program <P>Please find below, the CMA CGM Group’s new rate restoration program and surcharge:</P> <P><STRONG>PEAK SEASON SURCHARGE</STRONG> <BR><BR>In view of the increased volume during the traditional peak Season, CMA CGM Group has decided to implement the following Peak Season Surcharge (PSS): <BR><BR><STRONG>Effective June 1st, 2012: </STRONG><BR><BR><STRONG>From Asia to Europe Westbound</STRONG> <UL> <LI>+USD 350 per TEU</LI></UL>The above PSS will be applied as follows: <UL> <LI>Origin Range: from All Asian ports (including Japan, South East Asia, Colombo and Bangladesh) <LI>Destination range: to all Northern European ports (including UK and the full range from Portugal to Russia), to West Med, Adriatic, East Med, Black Sea and North Africa. <LI>Cargo: Dry cargo, OOG's, Paying empties, Break-bulk and Reefer cargo <LI>Date of application: 1st June 2012 on board date</LI></UL><BR><BR><STRONG>GENERAL RATE INCREASE</STRONG><BR><BR><STRONG>Effective June 1st, 2012:</STRONG><BR><BR><STRONG>From North Europe to India and Pakistan</STRONG> <UL> <LI>+ USD 150 per 20’ dry <LI>+ USD 200 per 40’ dry</LI></UL><BR><BR><STRONG>Effective June 15th, 2012:</STRONG><BR><BR><STRONG>From Asia to East Coast South America</STRONG> <UL> <LI>+ USD 500 per TEU</LI></UL><STRONG>From Asia to Mexico, West Coast Central America &amp; West Coast South America</STRONG><BR> <UL> <LI>+ USD 500 per TEU <LI>+ USD 1500 per 40’ RH non operating reefer</LI></UL><BR><STRONG>From Asia to Caribbean’s (excluding Venezuela, Trinidad &amp; Tobaggo)</STRONG> <UL> <LI>+ USD 560 per 20’ <LI>+ USD 800 per 40’ DV & 40’ HC </LI></UL><BR><STRONG>From Asia to Venezuela, Trinidad &amp; Tobaggo</STRONG> <UL> <LI>+ USD 840 per 20’ <LI>+ USD 1200 per 40’ DV & 40’ HC</LI></UL> Fri, 11 May 2012 00:00:00 +0200 CMA CGM http://www.cma-cgm.com//AboutUs/PressRoom/PressReleaseDetail.aspx?Id=13026 http://www.cma-cgm.com//AboutUs/PressRoom/PressReleaseDetail.aspx?Id=13026 CMA CGM Business activities Tariff information CMA CGM revenue restoration program <P>Please find below, the CMA CGM Group’s new rate restoration program:</P> <P><STRONG>GENERAL RATE INCREASE</STRONG> <BR><BR><STRONG>Effective May 1st, 2012:</STRONG> <BR><BR><STRONG>From Asia to East Africa</STRONG> <UL> <LI>+ USD 200 per TEU </LI></UL><STRONG>Effective May 15th, 2012:</STRONG><BR><BR><STRONG>From India and Gulf to West Africa</STRONG> <UL> <LI>+ USD 150 per TEU </LI></UL><STRONG>From Asia to South Africa and Indian Ocean</STRONG> <UL> <LI>+ USD 300 per TEU </LI></UL><STRONG>Effective June 1st, 2012:</STRONG><BR><BR><STRONG>From Asia to West Africa</STRONG> <UL> <LI>+ USD 300 per TEU</LI></UL><STRONG>From Europe Southbound to Greece, Turkey, Syria, Lebanon, Egypt, Malta, Libya, Tunisia and Algeria</STRONG> <UL> <LI>+ EUR 100 per 20’ for rates in Euro <LI>+ EUR 150 per 40’ for rates in Euro <LI>+ GBP 80 per 20’ for rates in British Pounds <LI>+ GBP 150 per 40’ for rates in British Pounds</LI></UL><STRONG>From Greece, Turkey, Syria, Lebanon, Egypt, Malta and Cyprus to Europe Northbound</STRONG> <UL> <LI>+ EUR 50 per 20’ for rates in Euro <LI>+ EUR 50 per 40’ for rates in Euro <LI>+ GBP 50 per 20’ for rates in British Pounds <LI>+ GBP 65 per 40’ for rates in British Pounds</LI></UL><STRONG>From Greece, Turkey, Syria, Lebanon, Egypt, Cyprus and Malta to Red Sea ports</STRONG> <UL> <LI>+ USD 75 per 20’ <LI>+ USD 125 per 40’</LI></UL><STRONG>From Greece, Turkey, Syria, Lebanon, Egypt, Cyprus and Malta to Persian Gulf</STRONG> <UL> <LI>+ USD 75 per 20’ <LI>+ USD 125 per 40’</LI></UL> Wed, 25 Apr 2012 00:00:00 +0200 CMA CGM http://www.cma-cgm.com//AboutUs/PressRoom/PressReleaseDetail.aspx?Id=12986 http://www.cma-cgm.com//AboutUs/PressRoom/PressReleaseDetail.aspx?Id=12986 CMA CGM Business activities New line services Wimb Information CMA CGM announces a new call to Dunkirk on its EPIC service (India – Arab Gulf – Europe) <p> The CMA CGM Group has decided to strengthen its commercial presence in Dunkirk by adding an extra direct call to Dunkirk port on its EPIC service. </p> <p> CMA CGM is already calling in Dunkirk port with its FAL 7 service between Asia and Europe. As from June 10th 2012, the CMA CGM Group will be offering another possibility of direct call to Dunkirk from India, the Gulf and the Mediterranean with its EPIC service. </p> <p> The EPIC service is operated with eight 5,700 teus vessels and its rotation will be as follows: Port Qasim (Karachi) > Nhava Sheva > Mundra > Jeddah > Malta > Tangier Med > Southampton > Rotterdam > Hamburg > Antwerp > Dunkirk > Le Havre > Port Said East > Khor Al Fakkan > Jebel Ali > Port Qasim </p> <p> The first call to Dunkirk on Sunday June 10th 2012 will be assured by the CMA CGM VERDI, 5,700 teus vessel. </p> <p> <em> "This new call will provide our customers 3 days faster than today solution via FAL 7 through Rotterdam, as well as, a second entry port into the French market, placing CMA CGM as the only operator serving two French ports, Dunkirk and Le Havre, from India and Gulf. It also offers good opportunities for exports to East Med (via Port Said), to Arab Gulf, to India as well as to Indian Ocean (via Khorfakkan).”</em> declares Christophe de La Ferrière, Europe/Indian Sub-Continent Lines Manager. </p> Fri, 20 Apr 2012 16:39:07 +0200 CMA CGM http://www.cma-cgm.com//AboutUs/PressRoom/PressReleaseDetail.aspx?Id=12967 http://www.cma-cgm.com//AboutUs/PressRoom/PressReleaseDetail.aspx?Id=12967 CMA CGM Business activities New line services Wimb Information CMA CGM announces the reshuffling of its India / Middle East - East Africa service <p> CMA CGM announces <strong>the reshuffling of its services on the INDIA / MIDDLE EAST - EAST AFRICA trades</strong> in partnership with EMIRATES SHIPPING LINE (ESL). </p> <p> <strong>As from 11th May 2012</strong>, the new CMA CGM India / Middle East – East Africa service network will be covered as follows: <ul> <li> <strong>New SWAX2</strong><br/> A service jointly operated by CMA CGM and EMIRATES Line with 5 vessels of 2,200Teus. <br/> Rotation: JEBEL ALI > KHOR FAKKAN ( NAVA SHEVA) > MOMBASA > ZANZIBAR.<br/><br/> </li> <li><strong>New SWAX3</strong><br/> A service jointly operated by CMA CGM and EMIRATES Line with 3 vessels of 1,700Teus.<br/> Rotation: JEBEL ALI > KHOR FAKKAN ( NAVA SHEVA) > DAR ES SALAAM. </li> </ul> </p> <p> These two new services will replace the current SWAX service operated by CMA CGM. </p> <p> This reorganization is part of CMA CGM’s commitment to keep providing its customers with the best quality of service on India / Middle East – East Africa trades. </p> Thu, 19 Apr 2012 00:00:00 +0200 CMA CGM http://www.cma-cgm.com//AboutUs/PressRoom/PressReleaseDetail.aspx?Id=12926 http://www.cma-cgm.com//AboutUs/PressRoom/PressReleaseDetail.aspx?Id=12926 CMA CGM Business activities Tariff information Wimb Information CMA CGM revenue restoration program <p> Please find below, the CMA CGM Group’s new rate restoration and surcharge program: </p> <p> <strong> EMERGENCY RATE RESTORATION </strong> </p> <p> Effective May 1st, 2012: <ul> <li><strong> From Asia to Red Sea West Bound</strong><br/> + USD 300 per TEU </li> </ul> </p> <p> <strong> PEAK SEASON SURCHARGE </strong> </p> <p> Effective May 15th, 2012: <ul> <li> <strong>From Asia to Red Sea West Bound</strong><br/> + USD 300 per TEU </li> </ul> </p> <p> <strong> GENERAL RATE INCREASE </strong> </p> <p> Effective May 15th, 2012: <ul> <li> <strong>From Asia to South Africa and Indian Ocean Westbound </strong> <br/> + USD 300 per TEU<br/><br/> </li> <li> <strong>From the Atlantic Europe and Mediterranean (East and West) ports to West Africa</strong> <br/> + USD 85 / +EUR 100 per 20’ <br/> + USD 150 / +EUR 180 per 40’ <br/><br/> </li> <li> <strong>From Asia to all Caribbean destinations (except Venezuela & Trinidad)</strong><br/> + USD 560 per 20’ <br/> + USD 800 per 40’ <br/> + USD 800 per 40’ HC<br/><br/> </li> <li> <strong>From Asia to Venezuela & Trinidad</strong><br/> + USD 840 per 20’ <br/> + USD 1200 per 40’ <br/> + USD 1200 per 40’ HC<br/><br/> </li> <li> <strong>From Asia to South America West Coast, Central America West Coast and Mexico</strong><br/> + USD 500 per TEU<br/> + USD 1500 per 40’ NOR (Non operating reefer)<br/><br/> </li> <li> <strong>From Asia to South America East Coast </strong><br/> + USD 500 per TEU<br/><br/> </li> <li> <strong>From North Europe and Baltic to South America East Coast on Safran 1,2,3 service</strong><br/> + EUR 350 per TEU dry and reefer<br/><br/> </li> <li> <strong>From South America East Coast to North Europe and Baltic on Safran 1,2,3 service</strong><br/> + USD 150 per TEU dry <br/><br/> </li> <li> <strong>From Mediterranean to South America East Coast </strong><br/> + EUR 200 per TEU dry and reefer<br/><br/> </li> <li> <strong>From South America East Coast to Mediterranean</strong> <br/> + USD 150 per TEU dry <br/><br/> </li> </ul> </p> <p> Effective June 1st, 2012: <ul> <li> <strong>From North Europe (including UK, Scandinavia, Baltic, North Continent) to Asia</strong><br/> + USD 300 per container </li> </ul> </p> Wed, 18 Apr 2012 17:49:50 +0200 CMA CGM http://www.cma-cgm.com//AboutUs/PressRoom/PressReleaseDetail.aspx?Id=12906 http://www.cma-cgm.com//AboutUs/PressRoom/PressReleaseDetail.aspx?Id=12906 CMA CGM Business activities Partnerships Wimb Information CMA CGM announces the reshuffling of its ASIA - South Africa and Mozambique services <p><strong>As from 24th April</strong>, the new CMA CGM ASIA - SOUTH AFRICA service network will be covered by the following loop:</p> <ul> <li> <strong>New SHAKA2: </strong><br/> A service jointly operated by CMA CGM and Maersk Line with 8 vessels of 6,500Teus Rotation: SHANGHAI > NINGBO > FUZHOU > YANTIAN > TANJUNG PELEPAS > PORT LOUIS > DURBAN > PORT ELIZABETH/ NGQURA > PORT LOUIS > SINGAPORE > NANSHA New Port </li> </ul> <p> <strong>As from 8th May</strong>, the new CMA CGM ASIA - MOZAMBIQUE service network will be covered by the following loop: </p> <ul> <li> <strong>New MOZEX2:</strong><br/> A service jointly operated by CMA CGM and MAERSK Line with 7 vessels of 2,200Teus Rotation : TANJUNG PELEPAS > PORT KELANG > POINTE DES GALETS > TOAMASINA > MAPUTO > BEIRA > NACALA > PORT LOUIS. </li> </ul> <p> These two new services will replace the current Shaka and Mozex services operated by CMA CGM.</p> <p> This reorganization is part of CMA CGM’s commitment to keep providing its customers with the best quality of service on the ASIA – South Africa / Mozambique trades. </p> Wed, 18 Apr 2012 10:24:31 +0200 CMA CGM http://www.cma-cgm.com//AboutUs/PressRoom/PressReleaseDetail.aspx?Id=12946 http://www.cma-cgm.com//AboutUs/PressRoom/PressReleaseDetail.aspx?Id=12946 CMA CGM Corporate information CMA CGM India inaugurates its new headquarters in Mumbai <P>CMA CGM, the world's third largest container shipping company, has inaugurated on April 18, 2012, its new head office in India, located in the heart of the Mumbai business district. </P> <P>Installed in a new modern building with easy access by road and public transport, the new premises were inaugurated in presence of the CMA CGM delegation conducted by Jacques Junior Saadé and Elie Zeenny with Mr DP Goel, CMA CGM partner in India and Ludovic Renou, Managing Director of CMA CGM India. </P> <P>After a traditional Indian benediction ceremony, Shri. L. Radhakrishnan chairman of Jawaharlal Nehru Port Trust and Mr. Jean Raphael Peytregnet French Consul in Bombay inaugurated the new offices and cut the red ribbon. </P> <P>The new office will enable our teams to deliver a premium service to our Indian customers. With more than 3000 sqm of modern spaces, the new design of the office is in full compliance with the image of our offices worldwide. </P> <P>This inauguration was also the opportunity for CMA CGM to assert its ambitious development program for India in a challenging period for the whole shipping sector. CMA CGM is proud to support the economic growth of India connecting the country to the world with 7 weekly services. <EM>“CMA CGM is one of the four biggest carriers in India and we have the ambition to bring our Group to become a leader offering the best customer service”</EM> declared Ludovic Renou, Managing Director. </P> Wed, 18 Apr 2012 00:00:00 +0200 CMA CGM http://www.cma-cgm.com//AboutUs/PressRoom/PressReleaseDetail.aspx?Id=12886 http://www.cma-cgm.com//AboutUs/PressRoom/PressReleaseDetail.aspx?Id=12886 CMA CGM Business activities Tariff information CMA CGM revenue restoration program <p> Please find below, the CMA CGM Group’s new rate restoration and surcharge program <br /><br /> <strong>PEAK SEASON SURCHARGE</strong> <br /><br /> Effective April 16th, 2012: <br /><br /> From North Europe to Red Sea and Arabian Gulf <ul><li> + USD 200 per container dry </li> </ul> Application date: <ul> <li>On FAL1 service, starting at Southampton: April 16th 2012</li> <li>On FAL2 service, starting at Le Havre: April 18th 2012</li> <li>On FAL3 service, starting at Le Havre: April 19th 2012 </li> <li>On FAL6 service, starting at Felixstowe: April 16th 2012</li> <li>On EPIC service, starting at Southampton: April 16th 2012</li> </ul> <br /> <strong>EMERGENCY RATE INCREASE</strong> <br /><br /> Effective May 1st, 2012: <br /><br /> From North Europe (including UK, Scandinavia, Baltic, North Continent) to Asia <ul> <li>+ USD 100 per TEU dry</li> </ul> <br /> From North Europe (including UK, Scandinavia, Baltic, North Continent) to Red Sea / Middle East <ul><li> + USD 100 per TEU dry </li> </ul> <br /> <strong>RESTAURATION DES TAUX DE FRET</strong> <br /><br /> Effective May 1st, 2012: <br /><br /> From North Europe to India and Pakistan <ul> <li>+ USD 150 per 20’ dry</li> <li>+ USD 200 per 40’ dry</li> </ul> </p> Fri, 13 Apr 2012 16:52:31 +0200 CMA CGM http://www.cma-cgm.com//AboutUs/PressRoom/PressReleaseDetail.aspx?Id=12846 http://www.cma-cgm.com//AboutUs/PressRoom/PressReleaseDetail.aspx?Id=12846 CMA CGM Corporate information Jacques Delort appointed Vice-President of Information Systems by the CMA CGM Group <p> The CMA CGM Group has appointed <strong>Jacques Delort</strong> as <strong>Vice- President of Information Systems for the CMA CGM Group</strong> and <strong>Deputy General Manager of CMA Systems</strong>, the new entity set up as part of the Group’s strategic partnership with IBM. He will be reporting to Jacques R. Saadé.</p> <p> A student of France’s prestigious École Polytechnique with a Masters in IT (information technology) and an Executive MBA (Essec), Jacques Delort, 51, began his career with the Ministry of Defence. In 1989, he joined Steria where he managed Steria Méditerranée’s IT division before being appointed CIO of Gemplus in 1998. In 2004, he joined Crédit Agricole as Managing Director GIE EXA information systems, then Deputy Managing Director of GIE CA-Technologies.</p> Thu, 05 Apr 2012 16:36:34 +0200 CMA CGM http://www.cma-cgm.com//AboutUs/PressRoom/PressReleaseDetail.aspx?Id=12826 http://www.cma-cgm.com//AboutUs/PressRoom/PressReleaseDetail.aspx?Id=12826 CMA CGM Business activities Wimb Information CMA CGM upgrades its West Med - Morocco service <p> CMA CGM and its Moroccan subsidiary, COMANAV, are pleased to announce the upgrade of their West Med – Morocco service. </p> <p><strong>As from April 11th 2012</strong>, CMA CGM and COMANAV will serve the <strong>West Med / Morocco trade</strong> through three separated loops dedicated to the following markets: <br/> <strong>Spain – Morocco, Italy – Morocco and France – Morocco</strong>. This upgrade will improve reliability, schedule integrity and Transit times.</p> <p> Loops will be organized as follows: </p> <ul> <li> <strong>Loop 1 - Spain, will be effective on April 11th 2012</strong><br/> The loop Spain will start for one Round Voyage with the following rotation<br/> Rotation: Barcelona > Valencia TCV > Valencia Noatum > Casablanca > Barcelona <p> <strong>As from April 18th</strong>, the fixed rotation will be as follow:<br/> Rotation: Valencia TCV > Valencia Noatum > Barcelona > Casablanca > Valencia TCV<br/> </p> </li> <li><p><strong>Loop 2 - Italy, will be effective on April 14th 2012</strong><br/> Rotation: Naples > La Spezia > Genoa > Casablanca > Salerno > Naples</p> </li> <li><p><strong>Loop 3 - France, will be effective on April 11th 2012</strong><br/> Loop 3 will be operated by 2 CMA CGM RORO vessels.<br/> Rotation: Marseilles > Casablanca > Marseilles<br/> Marseilles and Casablanca will be called twice a week. </p> </li> </ul> <cite> “These three complementing services will offer a comprehensive coverage of the West Mediterranean area, with calls in 7 ports, as well as fast transit times. Furthermore, the service will be connected to the CMA CGM European Intermodal Network thus offering door-to-door transport solutions to our clients”</cite> explains Peter Verheijen, Deputy Vice-President - North Africa Services Thu, 05 Apr 2012 12:01:27 +0200 CMA CGM http://www.cma-cgm.com//AboutUs/PressRoom/PressReleaseDetail.aspx?Id=12786 http://www.cma-cgm.com//AboutUs/PressRoom/PressReleaseDetail.aspx?Id=12786 CMA CGM Business activities Tariff information Wimb Information CMA CGM revenue restoration program <p> CMA CGM wishes to announce the following revenue restoration: </p> <p> <h3>From North Europe / UK / Eire and Scandinavia to Trinidad</h3><br/> Due to constant increase of the fuel cost which has not been reflected in ALL IN Ocean freight rates since one year, CMA CGM announces a Revenue Recovery applicable as from <strong>CMA-CGM PLATON RT 797S ETA NLRTM, effective April 12th 2012</strong> as follow: <ul> <li>Interim fuel surcharge of EUR 200 / TEU Trinidad and Tobago</li> </ul> <br/> The above surcharge will be applied as follows: <ul> <li>Origin Range: from North Europe / UK / Eire and Scandinavia</li> <li>Destination range: to Trinidad</li> <li>Cargo: dry for cargo loaded in standard, Open Top, Flats and High Cube dry equipment</li> <li>Date of application: 12th April 2012</li> </ul> </p> Thu, 29 Mar 2012 15:37:18 +0200 CMA CGM http://www.cma-cgm.com//AboutUs/PressRoom/PressReleaseDetail.aspx?Id=12807 http://www.cma-cgm.com//AboutUs/PressRoom/PressReleaseDetail.aspx?Id=12807 CMA CGM Tariff information CMA CGM awarded two prizes for excellent customer service <p> Quality of service and innovation are at the heart of CMA CGM’s strategy as the world’s third largest container shipping group. The ongoing commitment of the company’s teams to meet this daily challenge is recognised and rewarded by the customers themselves. Indeed the Group has just received two prestigious awards: on 9 March it was named “International Carrier of the Year” for the second year running by one of its major customers, ASDA, an English subsidiary of the American retail giant WALMART, and on 15 March, “Best Partner of the Year” 2012 by the Samsung group. </p> <p> Samsung expressed its recognition of the important role played by the Group towards improving management of its supply chain and supporting its global expansion. </p> <p> On behalf of ASDA UK, Logistics Manager Lee Hodgkin said: “The CMA CGM Group has given us valuable assistance with its innovative solutions. Of note is that their unwavering support has led to the provision of a rail service, unique to us, from Southampton to the North-East of England, speeding up transportation services,” </p> <p> CMA CGM is proud to share these awards with its 18,000 staff members around the world.</p> Wed, 28 Mar 2012 00:00:00 +0200 CMA CGM http://www.cma-cgm.com//AboutUs/PressRoom/PressReleaseDetail.aspx?Id=12746 http://www.cma-cgm.com//AboutUs/PressRoom/PressReleaseDetail.aspx?Id=12746 CMA CGM Business activities New line services Wimb Information CMA CGM announces a new cooperation with MSC and CSAV <P>CMA CGM is pleased to announce<STRONG> a new cooperation with MSC and CSAV</STRONG>, replacing existing cooperation with Hamburg Sud and Hapag Lloyd.</P> <P><STRONG>As from the 11th April 2012, at Rotterdam, CMA CGM will start a new cooperation with MSC and CSAV, on the North Europe East Coast - South America trade.</STRONG></P> <P>This new cooperation will allow CMA CGM to develop existing synergies with its new partners, to enhance its port coverage and to increase its service quality meeting customer requirements.</P> <UL> <LI><STRONG>This fixed day, weekly Brazil service</STRONG> will be operated with seven Panamax vessels, CMA CGM deploying 3, CSAV 3 and MSC 1.</LI></UL> <P>Schedule will be as follow: <BR>Le Havre &gt; Rotterdam &gt; Hamburg &gt; Bremerhaven &gt; Antwer &gt; Lisboa &gt; Santos &gt; Paranagua &gt; Navegantes &gt; Santos &gt; Rio de Janeiro &gt; Salvador &gt; Le Havre.</P> <UL> <LI>Complementary to the above, and <STRONG>and by exchange of spaces onto MSC Plate Sling, CMA CGM will cover ports in the River Plate.</STRONG></LI></UL> <P>Schedule will be as follow: <BR>Antwerp &gt; Rotterdam &gt; Bremerhaven &gt; Le Havre &gt; Sines &gt; Rio de Janeiro &gt; Santos &gt; Buenos Aires &gt; Rio Grande &gt; Paranagua &gt; Navegantes &gt; Santos &gt; Itaguai &gt; Antwerp</P> <UL> <LI><STRONG>CMA CGM will also exchange slots with Hamburg Sud Plate service to maintain direct service between Plate ports, Tilbury and Hamburg </STRONG>in order to complete its port coverage.</LI></UL> Tue, 27 Mar 2012 09:56:07 +0200 CMA CGM http://www.cma-cgm.com//AboutUs/PressRoom/PressReleaseDetail.aspx?Id=12726 http://www.cma-cgm.com//AboutUs/PressRoom/PressReleaseDetail.aspx?Id=12726 CMA CGM Business activities Tariff information CMA CGM revenue restoration program <p>Please find below, the CMA CGM Group’s new rate restoration program:</p> <p><strong>GENERAL RATE INCREASE</strong> <br/><br/> <strong>Effective April 1st, 2012:</strong> <br/><br/> <strong>From Middle East and India to East Africa on its SWAX service</strong> <ul> <li> +USD 200 per TEU </li> </ul> <strong>From Middle East and India to West Africa on its MIDAS service </strong> <ul> <li> +USD 100 per TEU </li> </ul> <strong>From Asia to South Africa </strong> <ul> <li> +USD 300 per TEU </li> </ul> <strong>Effective April 15th, 2012:</strong><br/><br/> <strong>From Asia to New Zealand on its ANZEX service</strong> <ul> <li> +USD 300 per TEU dry and reefer </li> </ul> <strong>From Asia to West Coast South America, West Coast Central America and Mexico</strong> <ul> <li> +USD 500 per TEU </li> </ul> <strong>From Asia to Caribbeans</strong> <ul> <li> +USD 560 per 20’</li> <li>+USD 800 per 40’ </li> </ul> <strong>From Asia to East Coast South America</strong> <ul> <li> +USD 500 per TEU </li> </ul> </p> <p> <strong>SURCHARGES</strong> <br/><br/> <strong>Effective April 15th, 2012:</strong><br/><br> <strong>From North Europe (UK, Scandinavia, Baltic, North Continent) to Asia: </strong> <ul> <li> Container Security Fee : 10 USD per container</li> <li>Suez Canal Surcharge : 14 USD per TEU</li> <li>Aden Gulf Surcharge : 54 USD per TEU</li> </ul> </p> Wed, 21 Mar 2012 00:00:00 +0100 CMA CGM http://www.cma-cgm.com//AboutUs/PressRoom/PressReleaseDetail.aspx?Id=12686 http://www.cma-cgm.com//AboutUs/PressRoom/PressReleaseDetail.aspx?Id=12686 CMA CGM Business activities Tariff information Wimb Information CMA CGM revenue restoration program <P>Please find below, the CMA CGM Group’s new rate restoration program:</P> <P><STRONG><U>GENERAL RATE INCREASE</U></STRONG></P><U><STRONG>Effective April 2st, 2012:</STRONG></U> <P><STRONG>From India and Pakistan to North Europe, Mediterranean, Baltic, Black Sea and North Africa ports</STRONG></P> <UL> <LI>+ USD 150 per 20’ dry and reefer <LI>+ USD 300 per 40’ dry and reefer</LI></UL> <P></P><U><STRONG>Effective April 10th, 2012:</STRONG></U> <P><STRONG>From North Europe to Canada</STRONG> <UL> <LI>+ USD 150 per 20’ dry and reefers <LI>+ USD 200 per 40’ dry and reefers</LI></UL> <P></P><U><STRONG>Effective April 15th, 2012:</STRONG></U> <P><STRONG>From East and West Med, Black Sea and North America to US East Coast and US Gulf </STRONG> <UL> <LI>+ USD 200 per 20’ dry and reefers <LI>+ USD 300 per 40’ dry and reefers</LI></UL><U><STRONG>From April 15th 2012 to June 30th 2012: PSS</STRONG></U> <P><STRONG>From Australia and New Zealand to Caribbean South America</STRONG></P> <UL> <LI>+ USD 200 per UNIT dry and reefers </LI></UL> <P><BR><BR><I>*TEU = twenty foot equivalent unit</I> </P> <P></P> Wed, 14 Mar 2012 00:00:00 +0100 CMA CGM http://www.cma-cgm.com//AboutUs/PressRoom/PressReleaseDetail.aspx?Id=12646 http://www.cma-cgm.com//AboutUs/PressRoom/PressReleaseDetail.aspx?Id=12646 CMA CGM Financial results CMA CGM Group 2011 Financial Results <STYLE type=text/css> li { list-style-type: square; list-style-position: outside; padding-left: 0px; margin: 10px 0 10px 0; } p { text-align:justify; } .tab { border: solid 1px #012243; border-collapse:collapse; } .tab tr td { border: solid 1px #012243; border-collapse:collapse; } <style>--> <FONT size=4> <CENTER>Resilient Operating and Financial Performance in 2011</CENTER><BR> <CENTER>Encouraging Outlook for 2012 in a Persistently Volatile Market</CENTER></FONT> <P>The Board of Directors of France-based CMA CGM, the world’s third largest container shipping group, met under the chairmanship of <B>Jacques R. Saadé</B> to review the financial statements for the year ended 31 December 2011.</P> <P>The Group reported revenue of US$14.87 billion for the year, a 4% increase on 2010. Volumes carried increased by 11%, outperforming the market’s 6.5% increase and reaching a record high of 10,016,000 teus.</P> <P>The market environment was challenging, shaped by overcapacity and the steep run-up in oil prices, with per-tonne bunker prices soaring 34% over the year. CMA CGM nevertheless enjoyed a satisfactory operating performance, thanks to its extremely efficient fleet, global network and sustained cost discipline.</P> <P>EBITDA stood at US$711 million, down from 2010, year in which the entire container shipping industry reported record profits.</P> <P>The Group ended the year with a consolidated net loss of US$30 million.</P> <P>CMA CGM continued to assertively dispose of non-strategic assets during the year. It also strengthened its balance sheet by issuing US$500 million in ORA equity notes to the Yildirim Group and raising an aggregate US$945 million through two bond issues denominated in dollars and euros. </P> <P><B>Outlook for 2012</B></P> <P>Although the beginning of the year was difficult for the entire industry, freight rates are now trending upwards, especially outbound Asia. Several carriers, including CMA CGM, have announced and are introducing significant rate increases as from the 1st of March 2012.</P> <P>In addition, to enhance its operating performance, the Group plans to: <UL> <LI>Continue implementing operating partnerships with MSC on the Asia/North Europe and South America lines and with Maersk on the Asia/Mediterranean, Adriatic and Black Sea trades. <LI>Deploy increasingly efficient, modern and cost-effective vessels on every trade. <LI>Develop more innovative, high-quality information technology services thanks to the new strategic partnership with IBM. </LI></UL> <P></P> <P>CMA CGM is pursuing its cost reduction plan, which is expected to deliver US$400 million in savings this year. In the same way, the decline in charter rates will reduce operating costs by US$80 million in 2012.</P> <P>Thanks to all these measures, the Group expects to report a profit in 2012, in a market that is difficult to predict given the scheduled arrival of a large number of new vessels and further increases in bunker costs.</P> <P>In that context, on 6 March, CMA CGM met with its banks to discuss the market volatile situation and its consequences.</P> <P>The Group remains confident in the future of the industry and will continue to strengthen its positions, particularly in Russia, India, Latin America and Africa, as well as in the reefer segment.</P> <P>Commenting on the results, <B>Rodolphe Saadé</B>, CMA CGM Group Executive Officer, said: “<I>Once again this year, CMA CGM has demonstrated its strong resilience at a time of intense turmoil in our industry. Our operating and financial performances were among the best in the industry. We set up strategic operating partnerships with MSC and with Maersk to address market challenges and maintained our commitment to controlling costs. We expect the market to improve in 2012, particularly in the second half. With its modern, efficient fleet and its skilled, experienced teams, CMA CGM is well positioned to capture all of the benefits.</I>”</P> <P><STRONG>Financial Highlights as of 31 December 2011</STRONG></P> <TABLE class=tab width="60%"> <TBODY> <TR> <TD>&nbsp;</TD> <TD><STRONG>2011</STRONG></TD></TR> <TR> <TD>Revenue in US$ billion</TD> <TD>14.9</TD></TR> <TR> <TD>EBITDA in US$ million</TD> <TD>711</TD></TR> <TR> <TD>Net result in US$ million</TD> <TD>(30)</TD></TR> <TR> <TD>Volumes carried, in teu* million</TD> <TD>10.016</TD></TR> <TR> <TD>Shipping fleet <BR>of which owned vessels</TD> <TD>394<BR>91 </TD></TR> <TR> <TD>Fleet capacity, in teu* million</TD> <TD>1.345</TD></TR></TBODY></TABLE> <P><EM>* TEU = twenty-foot equivalent unit</EM></P> Wed, 07 Mar 2012 15:50:58 +0100 CMA CGM http://www.cma-cgm.com//AboutUs/PressRoom/PressReleaseDetail.aspx?Id=12606 http://www.cma-cgm.com//AboutUs/PressRoom/PressReleaseDetail.aspx?Id=12606 CMA CGM Business activities Tariff information Wimb Information CMA CGM revenue restoration program <P><STRONG>Effective April 1st, 2012:</STRONG></P> <P><STRONG>From Asia to South Africa</STRONG> <UL> <LI>+ USD 300 per TEU </LI></UL> <P></P> <P><STRONG>From Asia to West Africa</STRONG> <UL> <LI>+ USD 250 per TEU </LI></UL> <P></P> <P><STRONG>From Europe Southbound to Greece, Turkey, Syria, Lebanon, Egypt, Malta, Libya, Tunisia and Algeria</STRONG> <UL> <LI>+ EUR 125 per 20’ for rates in Euro <LI>+ EUR 200 per 40’ for rates in Euro <LI>+ GBP 100 per 20’ for rates in British Pounds <LI>+ GBP 170 per 40’ for rates in British Pounds </LI></UL> <P></P> <P><STRONG>From Greece, Turkey, Syria, Lebanon, Egypt, Malta and Cyprus to Europe Northbound</STRONG> <UL> <LI>+ EUR 50 per 20’ for rates in Euro <LI>+ EUR 75 per 40’ for rates in Euro <LI>+ GBP 60 per 20’ for rates in British Pounds <LI>+ GBP 85 per 40’ for rates in British Pounds </LI></UL> <P></P> <P><STRONG>From Greece, Turkey, Syria, Lebanon, Egypt, Cyprus and Malta to Red Sea ports</STRONG> <UL> <LI>+ USD 100 per 20’ <LI>+ USD 150 per 40’ </LI></UL> <P></P> <P><STRONG>From Greece, Turkey, Syria, Lebanon, Egypt, Cyprus and Malta to Persian Gulf</STRONG> <UL> <LI>+ USD 100 per 20’ <LI>+ USD 150 per 40’ </LI></UL> <P></P> <P><STRONG>Effective June 1st, 2012:</STRONG> </P> <P><STRONG>From Europe Southbound to Greece, Turkey, Syria, Lebanon, Egypt, Malta, Libya, Tunisia and Algeria</STRONG> <UL> <LI>+ EUR 100 per 20’ for rates in Euro <LI>+ EUR 150 per 40’ for rates in Euro <LI>+ GBP 80 per 20’ for rates in British Pounds <LI>+ GBP 150 per 40’ for rates in British Pounds </LI></UL> <P></P> <P><STRONG>From Greece, Turkey, Syria, Lebanon, Egypt, Malta and Cyprus to Europe Northbound</STRONG> <UL> <LI>+ EUR 50 per 20’ for rates in Euro <LI>+ EUR 50 per 40’ for rates in Euro <LI>+ GBP 50 per 20’ for rates in British Pounds <LI>+ GBP 65 per 40’ for rates in British Pounds </LI></UL> <P></P> <P><STRONG>From Greece, Turkey, Syria, Lebanon, Egypt, Cyprus and Malta to Red Sea ports</STRONG> <UL> <LI>+ USD 75 per 20’ <LI>+ USD 125 per 40’ </LI></UL> <P></P> <P><STRONG>From Greece, Turkey, Syria, Lebanon, Egypt, Cyprus and Malta to Persian Gulf</STRONG> <UL> <LI>+ USD 75 per 20’ <LI>+ USD 125 per 40’ <UL> <P></P></UL></LI></UL> Fri, 02 Mar 2012 16:54:45 +0100 CMA CGM http://www.cma-cgm.com//AboutUs/PressRoom/PressReleaseDetail.aspx?Id=12586 http://www.cma-cgm.com//AboutUs/PressRoom/PressReleaseDetail.aspx?Id=12586 CMA CGM Business activities Tariff information Wimb Information CMA CGM revenue restoration program <P>CMA CGM wishes to announce the following revenue restorations on the Asia-Europe market both Westbound and Eastbound.</P> <P><STRONG>From Asia to North Europe and the Mediterranean (WESTBOUND)</STRONG> </P> <P>CMA CGM wishes to announce a second step of Revenue Recovery on the Asia to Europe Trades Westbound <STRONG>effective April 1st 2012</STRONG> as follows: <UL> <LI>The Interim fuel surcharge of usd 550 / TEU will be increased by 30 usd / TEU <LI>The Aden gulf surcharge (AGS) of usd 54 / TEU is reinstated <LI>The Suez Canal surcharge (SCS) is reinstated and increased to usd 14/ TEU <LI>The container Security Fee ( CSF) of usd 10 / container is reinstated <LI>An Emergency Revenue increase of usd 300 / TEU will be added on top of all quotations </LI></UL> <P></P> <P><STRONG>The above increases (totaling usd 408/20’ and usd 806 / 40’) will be applied as follows: </STRONG> <UL> <LI>Origin Range: from All Asian ports (including Japan, South East Asia, Colombo and Bangladesh) <LI>Destination range: to all Northern European ports (including UK and the full range from Portugal to Russia), to West Med, Adriatic, East Med, Black Sea and North Africa. <LI>Cargo: Dry cargo, OOG's, Paying empties, Break-bulk and Reefer cargo. <LI>Date of application: 1st April 2012 on board date. </LI></UL> <P></P> <P><STRONG>From North Europe to Asia (EASTBOUND)</STRONG> </P> <P>Considering both the current more balanced supply demand position and prevailing low rates levels, CMA CGM Group will implement a new rate increase on low value cargo (Wood, Paper, Plastic, Metals) and Dry container type from North Europe to Far East <STRONG>effective March 19th 2012</STRONG>: <UL> <LI>+USD 100 per TEU </LI></UL> <P></P> <P><STRONG>The above rate restoration will be applied as follows:</STRONG> <UL> <LI>Origin range: from North Europe, the United Kingdom and the Scandinavia <LI>Destination range: to all Asian ports (China, Japan, Korea and South East Asia countries) <LI>Cargo: dry and low value commodity only <LI>Date of application: 19th March 2012 on board date </LI></UL> <P></P> Thu, 01 Mar 2012 17:10:34 +0100 CMA CGM http://www.cma-cgm.com//AboutUs/PressRoom/PressReleaseDetail.aspx?Id=12526 http://www.cma-cgm.com//AboutUs/PressRoom/PressReleaseDetail.aspx?Id=12526 CMA CGM Business activities New line services Wimb Information CMA CGM announces the reshuffling of its Asia – US East Coast Services <P>As from the 28th March 2012, the new CMA CGM Asia – US East Coast network will be covered by the following loops:</P> <P><STRONG>PEX 3: Asia – US Gulf Coast</STRONG><BR>A service operated by CMA CGM with 11 vessels of 5 500 teus.<BR>Rotation: Xiamen &gt; Hong Kong&gt; Chiwan &gt; Shanghai &gt; Busan &gt; Punta Manzanillo &gt; Houston &gt; Mobile &gt; Miami &gt; Jacksonville &gt; Xiamen </P> <P><STRONG>MANHATTAN BRIDGE: Asia – US East Coast</STRONG><BR>A service operated by China Shipping, Evergreen and UASC with 9 vessels of 4 000 teus.<BR>Rotation: Shanghai &gt; Xiamen &gt; Yantian &gt; Hong Kong &gt; New York &gt; Norfolk &gt; Savannah &gt; Shanghai </P> <P><STRONG>OLUMBUS SUEZ: Asia – US East and West Coast</STRONG><BR>The Columbus Suez service operated by CMA CGM and Maersk Line with 16 vessels of 8 100 teus remains unchanged.<BR>Rotation: Shanghai &gt; Ningbo &gt; Hong Kong &gt; Yantian &gt; Tanjung Pelapas &gt; Suez Canal &gt; New York &gt; Norfolk &gt; Savannah &gt; Suez Canal &gt; Tanjung Pelapas &gt; Hong Kong &gt; Yantian &gt; Shanghai &gt; Pusan &gt; Seattle &gt; Vancouver &gt; Yokohama &gt; Shanghai </P> <P><CITE>“The strengthening of our Asia / USEC loops means 3 departures a week and a wider geographical coverage. These are 2 major steps to better serve our customers and improve their logistic supply chain”</CITE> … confirmed Jean Philippe Thenoz</P></STRONG></STRONG> Mon, 27 Feb 2012 13:58:46 +0100 CMA CGM http://www.cma-cgm.com//AboutUs/PressRoom/PressReleaseDetail.aspx?Id=12506 http://www.cma-cgm.com//AboutUs/PressRoom/PressReleaseDetail.aspx?Id=12506 CMA CGM Business activities Tariff information CMA CGM revenue restoration program <STYLE type="text/css"> li { list-style-type: square; list-style-position: outside; padding-left: 0px; margin: 10px 0 10px 0; } p { text-align:justify; } <style>--> Please find below, the CMA CGM Group’s new rate restoration program: <p><u><strong>GENERAL RATE INCREASE</strong></u></p> <p><u><strong>Effective March 1st, 2012:</strong></u><br /> <li>From Asia to Middle East Gulf on CIMEX services<br /> + USD 500 per TEU</li></p> <p><li>From Asia to Sri Lanka, Pakistan and West India<br /> + USD 150 per TEU</li></p> <p><li>From West Med to La Guaira and Puerto Cabello<br /> + EUR 100 per 20’<br /> + EUR 200 per 40’</li></p> <p><li>From West Med to West Coast South America<br /> + EUR 50 per 20’<br /> + EUR 100 per 40’</li></p> <p><u><strong>Effective March 15th, 2012:</strong></u><br /> <li>From Asia to Sri Lanka, Pakistan and West India<br /> + USD 150 per TEU</li></p> <p><u><strong>RATE RESTORATION INITIATIVE 2 (RRI2)</strong></u></p> <p><u><strong>Effective March 15th, 2012:</strong></u><br /> <li>From Asia to USA to include USWC, USEC and US Gulf (all Inland Points Intermodal and Reversed Inland Points Intermodal). Thanks to note that this RRI2 does not include the trade from India, Pakistan and Sri Lanka to USEC and US Gulf<br /> + USD 240 per 20’ all types<br /> + USD 300 per 40’ all types<br /> + USD 340 per 40’ HC all types<br /> + USD 380 per 45’ HC all types<br /> + USD 480 per 53’ all types</li></p> <p><li>From Asia to Canada (including Indian Sub-Continent to Canada West Coast)<br /> + USD 320 per 20’ all types<br /> + USD 400 per 40’ all types<br /> + USD 450 per 40’ HC all types<br /> + USD 510 per 45’ HC all types</li></p> <p>*TEU = twenty foot equivalent unit</p> Thu, 23 Feb 2012 00:00:00 +0100 CMA CGM