Largest LNG-powered container ship making maiden voyage

The world’s largest container ship powered by liquefied natural gas (LNG) launched on its maiden voyage Wednesday. 

The CMA CGM Jacques Saadé is the first of the French shipping line’s nine planned 23,000-twenty-foot-equivalent-unit (TEU) container ships powered by LNG. The vessel is named in honor of the CMA CGM Group’s founder, the late Jacques Saadé.

CMA CGM said the Jacques Saadé will sail on its “most emblematic line,” between Asia and Northern Europe, launching in Pusan, South Korea, and...

https://s29755.pcdn.co/news/largest-lng-powered-container-ship-making-maiden-voyage

CMA CGM Group To Achieve Carbon Neutrality by 2050

  • The Chairman and CEO of the CMA CGM group participated in the UN Global Compact online conference.
  • He announced new steps to define the shipping and logistics of tomorrow.
  • Rodolphe Saadé recalled the CMA CGM Group’s commitment for more balanced globalization.
  • It contributes to Economic and Social development, whilst respecting humanity and protecting the planet.
  • CMA CGM plans to reduce by 40% of its CO2 emissions per tonne transported per km by 2030.

Rodolphe Saadé, Chairman and CEO of the CMA...

https://mfame.guru/cma-cgm-group-to-achieve-carbon-neutrality-by-2050/

CMA CGM donates 200,000 face masks

Flanked by stacks of boxes containing 200,000 respirator face masks, Los Angeles Mayor Eric Garcetti said CMA CGM’s donation “reflects the power of partnerships.”

Garcetti thanked the French ocean carrier for the gift of the face masks to Logistics Victory Los Angeles at the Port of LA last week. The mayor in early April tapped Port of LA Executive Director Gene Seroka to serve as the city’s chief logistics officer and charged him with getting personal protective equipment essential in the fight...

https://s29755.pcdn.co/news/cma-cgm-donates-200000-face-masks

Analysis: Jansen & Skou in ideological battle but Saadé laughs first

The most entertaining side, if there is one at all these days, of this rather dramatic Covid-19 pandemic era?
Well, the container shipping masterminds are on a roll, often disagreeing: on corporate strategy (vertical integration, or the lack thereof); funding requirements (not enough cash is kicking around; or whether too much is up for grabs, if you are based in the East); and, of course, state aid in what is clearly …

The post Analysis: Jansen & Skou in ideological battle but Saadé laughs first

https://theloadstar.com/analysis-jansen-skou-in-ideological-battle-but-saade-laughs-first/

Market Insight: CMA CGM – onwards and upwards for Sartini, the M&A man

“As indicated by market sources, Nicolas Sartini is to remain within the CMA CGM group – as executive vice president, ports and terminals. He starts his new role in March.” – The Loadstar, 29 January 2020.
A long-standing CMA CGM man, Nicolas Sartini is one of those few irreplaceable executives always in short supply – often needed, in fact, to do things that others cannot do.
Mr Sartini “gets sh*t done”, one …

The post Market Insight: CMA CGM – onwards and upwards for Sartini, the M&A man...

https://theloadstar.com/market-insight-cma-cgm-onwards-and-upwards-for-sartini-the-ma-man/

Supply chain radar: CMA CGM CEO Rodolphe Saadé and ‘the power of deal-making’

“CMA CGM has finalised the terms of its sale of 10 terminals as it seeks to reduce its enormous debt burden. The French carrier said it would receive $968m in cash for the transfer of 10 facilities owned by the line to Terminal Link, a joint-venture. in which it holds 51% and Chinese port operator China Merchants the remaining 49%.” The Loadstar, 23 December 2019. 
I apologise if you are already …

The post Supply chain radar: CMA CGM CEO Rodolphe Saadé and ‘the power of deal-making’ appeared...

https://theloadstar.com/supply-chain-radar-cma-cgm-ceo-rodolphe-saade-and-the-power-of-deal-making/

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