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CMA CGM Group strengthens strategic logistics development with GEFCO acquisition

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CMA CGM Group strengthens strategic logistics development with GEFCO acquisition. Image: CMA CGM
CMA CGM Group strengthens strategic logistics development with GEFCO acquisition. Image: CMA CGM
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The CMA CGM Group, a world leader in shipping and logistics, is acquiring nearly 100% of the capital of GEFCO, European leader in automotive logistics and international expert in multimodal supply chain. The acquisition has been submitted to competition authorities for approval. However, as part of a special procedure, the European Commission has authorized CMA CGM to acquire the capital of GEFCO immediately, pending the final approval that will take place in the coming months. The acquisition will strengthen the range of logistics services that CEVA Logistics, CMA CGM’s logistics subsidiary, provides to its customers, especially in France and the rest of Europe.

Rodolphe Saadé, Chairman and CEO of the CMA CGM Group, commented: “The acquisition of GEFCO represents a further step in our development strategy and strengthens our position as a global player in transport and logistics. With GEFCO, our subsidiary CEVA will become the world leader in automotive logistics, having recently enhanced its capabilities in e-commerce logistics with the acquisition of Ingram Micro CLS. We are creating a French leader to serve our customers around the world.”

CMA CGM’s expertise to support GEFCO’s transformation, take its performance to the next level

The CMA CGM Group’s intention is for GEFCO to continue operating in a secure regulatory framework, then to boost its development, especially in international markets, by harnessing the Group’s market-leading technology and logistics capabilities. GEFCO will benefit in the future from CEVA Logistics’ expertise and network, enabling it to expand both its business and its customer portfolio.

The acquisition of GEFCO and its integration within CEVA Logistics will create the world’s leading automotive logistics provider and will reinforce CEVA’s leadership position in contract logistics. Thanks to the addition of GEFCO, CEVA Logistics will continue expanding around the world and strengthening its position in key markets, especially France and the rest of Europe.

GEFCO, a European leader in logistics and a specialist in the automotive sector

GEFCO, a French company, is a European leader in contract logistics and a specialist in the automotive segment. With particular expertise in finished vehicle logistics, the company plays a key role in keeping European automotive production lines running. GEFCO intends to pursue its strong cooperation with its partners, including Stellantis.

The logistics provider has been operating for over 70 years now and also has customers in the aerospace, pharmaceuticals, energy and retail sectors. GEFCO has built a network spanning 47 countries and employs around 11,500 staff around the world – with more than 2,500 of them in France.

CMA CGM is pressing ahead with its strategic development in logistics

With the deal to acquire GEFCO, the CMA CGM Group is moving forward with its plan to develop and provide end-to-end shipping and logistics solutions in order to support its customers’ supply chains.

The Group recently announced the completion of the acquisition of Ingram Micro’s Commerce & Lifecycle Services and of Colis Privé. These deals have accelerated the development of CEVA Logistics in e-commerce and in key market segments, such as technology, retail and fashion.

Luc Nadal, GEFCO’s CEO, commented: “With more than 70 years of expertise in industrial logistics, GEFCO is proud to join the CMA CGM Group, an undisputed world leader in maritime shipping and logistics. The project led by CMA CGM will allow GEFCO to continue our activity in a stable environment, will support the transformation we have initiated and will strengthen our development in the years to come. This link between two French companies will bring many opportunities for GEFCO in terms of innovation and sustainable growth, particularly internationally, for the benefit of our customers. I am proud of the work accomplished by all of the GEFCO teams around the world on behalf of our customers, and I am confident in the future with CMA CGM and CEVA Logistics.”

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Maritime

Marinetrans supports foiling hydrogen boat project to reduce emissions

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Marinetrans supports foiling hydrogen boat project to reduce emissions. Image: Marinetrans
Marinetrans supports foiling hydrogen boat project to reduce emissions. Image: Marinetrans
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International maritime logistics provider Marinetrans is now partner of the foiling hydrogen boat project of Delft Technical University. Together with other maritime companies Marinetrans now supports this diverse team of students to compete with a foiling hydrogen-power boat in the Monaco Energy Boat Challenge, showing the maritime industry practically viable sustainable propulsion solutions.

Steven Forsberg, Managing Director at Marinetrans, says: “The reasons to sponsor the TU Delft Hydro Motion Team are clear. As a marine logistics company we are aware of our own footprint and the environmental impact we make when handling global transport projects for
our customers. Since we formulated our ‘Going Green’ mission, we actively seek to align ourselves with sustainable technologies, projects and suppliers. Innovative propulsion systems and other emission-reducing maritime systems, software or equipment are of key interest to that mission. This project, the technical developments behind it and the vessel itself provide all of that. A great example of what is possible today, especially with real teamwork.”

At Marinetrans, several emission-reduction schemes are currently unfolding, incl. its own CO2 Offset Programme that clients can partake in to counter the environmental effects of their operations and the transports handled by Marinetrans to make them happen.

What is the Hydro Motion Team?

The TU Delft Hydro Motion Team was founded to show the maritime industry a number opportunities to tackle industry-related climate challenges. To this end, a new team of 20+ students is formed every year aiming to push the boundaries of sustainable technology. This
year, the team consists of 23 multidisciplinary students who explore innovative developments in collaboration with industry experts, partners and alumni. Over the course of 17 years the teams built a number of solar-powered vessels (top speed of 55 km/h / 29.7 knots!),
switching to hydrogen propulsion in 2021 and, among other results, delivering the first foiling hydrogen-powered boat in the world!

Design, build, test, race

The ‘Aurora’ is built from scratch and will become a monohull, carbon fibre, zero-emission vessel. The foiling system has been re-designed and to that end as much weight as possible is being saved, which is important for the Monaco Energy Boat Challenge where all teams
compete on Manoeuvrability, Speed and Endurance. All other teams are experienced professionals, making the race and creating their own technology all the more interesting for the student team. They even build their own Lithium battery.

Emma Alblas, responsible for external relations, says: “We want to inspire the maritime industry to move towards sustainable shipping and shipbuilding. For that, we spend one year in designing, building and racing a zero-emission boat, in this case a foiling hydrogen-
powered boat. And of course, we will test it. This year, we’ll spend three months of testing the hydrogen system, the vessel characteristics and of course the foiling system; an interesting period in which our partners are regularly updated and invited to see the technology and progress for themselves. As a team we do this to show the world what is possible and we thank Marinetrans and our other partners for enabling us to make this vessel a reality.”

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Maritime

NYK to build its fifth LPG dual-fuel very large LPG / ammonia carrier

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NYK to build its fifth LPG dual-fuel very large LPG / ammonia carrier. Image: NYK Line
NYK to build its fifth LPG dual-fuel very large LPG / ammonia carrier. Image: NYK Line
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NYK announced the order of its fifth liquefied petroleum gas dual-fuel very large LPG / liquefied ammonia gas carrier from Kawasaki Heavy Industries Ltd. The ship will be built at the KHI Sakaide Works shipyard and is set for delivery in 2026.

This vessel is the seventh in NYK’s fleet of LPG-fueled LPG carriers and the fifth in a new type of vessel that is also capable of carrying ammonia and will be equipped with separate cargo tanks designed to carry LPG and ammonia at the same time to flexibly respond to various trade patterns.

Furthermore, in addition to the LPG dual-fuel engine, the ship will have a shaft generator that can generate electricity during the voyage by using the rotation of the shaft that connects the main engine to the propeller. Since the diesel generator can be stopped during normal seagoing transit, realizing full navigation with LPG fuel will be possible except for the use of a small amount of pilot fuel.

When LPG is used as fuel, exhaust gas from the ordered VLGC will contain at least 95% less sulfur oxide and 20% less CO2 compared to NYK’s conventional VLGCs using heavy-oil fired engines.

This new VLGC will comply not only with the SOx Global Cap regulations* that were tightened from January 2020 but also with the IMO’s Energy Efficiency Design Index Phase 3 regulations, which implemented stricter CO2 emission standards from April 2022.

Moreover, the vessel is expected to be given notations by Nippon Kaiji Kyokai as a VLGC that has a preparatory design in accordance with the guidelines issued by ClassNK so that this vessel may use ammonia fuel in the future.

Vessel Particulars

Length overall: approx. 230 meters
Breadth (moulded): 37.20 meters
Depth (moulded): 21.90 meters
Summer draft (moulded): 11.65 meters
Tank capacity: approx. 86,700 cubic meters

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Maritime

MOL and Mitsui receive AiP for a large ammonia-powered bulk carrier

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MOL and Mitsui receive AiP for a large ammonia-powered bulk carrier. Image: MOL
MOL and Mitsui receive AiP for a large ammonia-powered bulk carrier. Image: MOL
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Mitsui O.S.K. Lines, Ltd. and Mitsui & Co., Ltd. announced that they have received Approval in Principle from the Nippon Kaiji Kyokai for the design of a large ammonia-powered bulk carrier.

MOL and Mitsui jointly determined the size and specifications of the vessel, and both companies entrusted Mitsubishi Shipbuilding Co., Ltd. for design of the vessel. The AiP covers a “210,000 DWT Cape size” bulker, a highly versatile class of ship.

The design calls for a main engine fueled by ammonia, which emits no CO2 when burned, thereby achieving zero CO2 emissions during the voyage. The vessel will also feature two ammonia fuel tanks on deck to maximize the cruising range for various routes and to make the most effective use of cargo space. Furthermore, ClassNK is scheduled to conduct a risk assessment to confirm that no unacceptable risks exist at the basic design stage and to identify items to be considered in the detailed design, which will incorporate safety measures fully taking into account the toxicity of ammonia, and other factors.

Amid the trend toward decarbonization, global interest in ammonia as a next-generation clean energy source is growing, and the maritime industry is accelerating its efforts to strategically utilize it as a fuel. As expectations for ammonia as a marine fuel increase, MOL and Mitsui will promote the expansion of net-zero emission ocean-going vessels and play a role in society’s overall efforts to achieve decarbonization.

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