Tagged: Compagnie Générale Transatlantique

CMA CGM further strengthens Morocco coverage for citrus season

Further to the recent strengthening of its Morocco – North Europe route for the citrus season, CMA CGM is to inject three more vessels into the trade lane. The carrier will add to its recently relaunched fortnightly single-ship ‘Dunkrus’ service with a new ‘wider’ loop with three vessels on a 21-day roundtrip with weekly departures.

The 1,732 teu EM SPETSES has been chartered by the French Line to join the 1,347 SHANTI and JAMILA on the ‘extended’ ‘Dunkrus’ with the following rotation: Casablanca, Agadir, Dunkirk, Portsmouth, Rotterdam, Le Havre, Nador, Casablanca.

CMA CGM innovates this year with the inclusion of a Portsmouth call into the ‘Dunkrus’ service. The loop will be the second service to offer a Casablanca-UK leg in addition to OPDR’s Canaries – Morocco – Iberia – Northern Range loop ‘CISS’.

Further to the aforementioned changes, CMA CGM will revise its St Petersburg ‘Shuttle A’ and move the service’s Dunkirk call in order to shorten transit times between Morocco and Russia via transhipment in France.

The revised rotation will be: Zeebrugge, Antwerp, Dunkirk, St Petersburg (two terminals), Zeebrugge.

 

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CMA CGM boost Morocco links for citrus season

Frans Sanderse

The ‘citrus season’ is about to start and the CMA CGM AGADIR is to phase into the North Africa – North Europe lane / Credit: Frans Sanderse

In time for the upcoming Citrus season, the French Line CMA CGM is to boost its links from northern Africa to Europe. Late this month, the carrier will restart its seasonal ‘Dunkrus’ service which it suspended in May.

The loop will reopen on 25 Sep with the first sailing of the 966 teu CMA CGM AGADIR and it will link Casablanca, Agadir, Dunkirk, Antwerp, Casablanca. For the time being, the service is announced as forthnightly with one ship on a 14-day roundtrip.

CMA CGM’s revived ‘Dunkrus’ adds to the carrier’s ‘Casa4’ loop, operated in partnership with the German OPDR. This service connects Casablanca to Antwerp, Rotterdam, Dunkirk, Le Havre and Rouen.

Further to the above, CMA CGM will once again begin to take seasonal slots on the West Mediterranean leg of Tarros’ ‘Great Pendulum’ service. The relevant leg of this loop connects La Spezia, Salerno, Genoa with Casablanca, Setubal and Sines.

DSME to build Ship Finance International’s wide-beam quartet

The ‘undisclosed’ South Korean shipyard at which Ship Finance International (SFI) recently ordered four 9,000 teu wide-beam vessels has been revealed and it turns out to be Daewoo Shipbuilding (DSME). The choice of yard is a small surprise since it was widely believed that DSME’s compatriots at Sungdong would secure these orders from SFI.

The four vessels are scheduled for delivery between September 2014 and February 2015 and they will trade for the French Line CMA CGM. Ship Finance International has given the four ships proforma names of French rivers and the quartet will be known as SFL LOIRE, SFL SEINE, SFL SOMME and SFL TAURION. The ships will however be given CMA CGM charter names once they enter commercial service.

For DSME, the vessels must represent a new 19-row wide design, since the Korean yard has not built any compact wide-beams of 9,000 teu yet. Between 2011 and 2013 DSME did however deliver a 16 unit strong series of 18-row wide 7,500 teu ships for Maersk Line. The final eight of these were delivered a with a raised bridge and superstructure to boost their capacity to more than 8,000 teu.

Ship Finance International orders 8,700 teu quartet at Sungdong

Bermuda-based Ship Finance International Limited (SFIL) issued a statement on Friday, confirming market rumors that it had ordered a series of four 8,700 teu sister vessels from ‘a major shipyard in Korea’. The undisclosed yard is believed to be Sungdong.

The New York Stock Exchange-registred SFIL said that the vessels are scheduled to be delivered during the fourth quarter of 2014 and the first quarter of 2015. The price of the ships has not been disclosed, but the investor described the shipyard’s offer as ‘attractive’ and underlined that the vessels will be built to high specifications with state-of-the art eco-features.

The container ships will be marketed for long-term charters and SFIL said it had already seen firm interest from leading operators.

CMA CGM appears to be the most likely charterer, as the French Line is believed to seek an alternative for four 9,200 teu vessels that it planned to charter from China’s CIMC, a container manufacturer that recently expanded its scope to become a vessel owner.

Backed by long-term charters to CMA CGM, CIMC had ordered in 2012 a series of ten identical compact wide-beam container ships. Six of these were contracted at Dalian New Shipyard, whereas the remaining four units were ordered at STX Dalian Shipyard . Earlier this year, it has been reported that CIMC and STX Dalian failed to agree on certain details of the ship financing and that CIMC eventually cancelled its order. Assuming that these reports are correct, the cancellation would leave CMA CGM four ships short of its target to receive ten newbuildings in the 9,000 teu range. Thus, the French Line is believed to have agreed in principle upon a charter deal with SFIL.

Excluding the four new orders, SFIL already owns a fleet of 11 container vessels. Nine of these are in the size range of 1,700 to 2,800 teu and chartered to various operators. Furthemore, the comapny owns the 13,344 teu sisters CMA CGM MAGELLAN and CMA CGM CORTE REAL, both bareboat chartered to CMA CGM on long-term contracts.

In addition, SFIL has four 4,800 teu overpanamax ships or order, scheduled to join charterer Hamburg Süd this year and in early 2014.

Week 21 at a glance