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The CMA CGM Group was awarded the concession of the Beirut Port container terminal and foresees an ambitious development plan

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The CMA CGM Group was awarded the concession of the Beirut Port container terminal and foresees an ambitious development plan. Image: CMA CGM
The CMA CGM Group was awarded the concession of the Beirut Port container terminal and foresees an ambitious development plan. Image: CMA CGM
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Following the bidding process, CMA Terminals, a fully-owned subsidiary of the CMA CGM Group, a world leader in shipping and logistics, has been chosen to manage, operate and maintain the Port of Beirut’s container terminal for a 10-year period starting in March 2022.

The CMA CGM Group, which already has a strong presence in Lebanon, currently accounts for almost 55% of the container terminal’s volumes, since it has maintained its nine weekly calls and transshipment operations there.

An ambitious investment plan to renovate and modernize the terminal

A $33 million investment will be made in the container terminal of Beirut Port, including $19 million over the first two years. The sum will be devoted to:

1.A complete infrastructure upgrade: refurbishment, replacement, and acquisition of new port equipment.

2.The construction of a new technical facility for maintenance and spare parts storage.

3.A digital transformation of the terminal, by implementing the very latest management, optimization and interconnection systems between the operations and the various operators within the port’s community.

4.Environmental performance improvements, through the purchase of greener and eco-friendly equipment.

CMA CGM will use its own expertise and that of the previous operator’s teams in pursuit of its development goals for the terminal.

CMA CGM, a partner committed to Lebanon

The CMA CGM Group, which was founded in Lebanon 43 years ago, is deeply attached to the Port of Beirut, which plays a vital economic role for the capital and the country.

Following the full acquisition of the container terminal inside Tripoli port back in 2021, considered as the country’s second commercial port, CMA CGM is pursuing its will of strengthening its presence at Lebanon’s ports. The Group plays an active role in supporting and developing the country’s economy through its investments in shipping and ports, as well as in logistics via its subsidiary CEVA Logistics.

The CMA CGM Group is continuously committed to playing a leading role in rebuilding Lebanon’s economy following the series of crises that have shaken the country in the recent years. Various projects and investments have been completed alongside initiatives to support various economic sectors with the objective to create job vacancies and support the Lebanese population, especially the youth:

  • Establishment in Beirut of CMA CGM’s Levant regional office
  • Opening of a Digital Hub and creation of a Shared Services Center
  • Support to the Lebanese agriculture and its expansion in international markets
  • Industrial investments among others

After creating almost 800 jobs over the past two years, today the Group engages almost 1,000 employees in Lebanon. Furthermore 400 new job opportunities will follow over the next 12 months.

Strengthening the Group’s position as a global port terminal operator  

Winning the contract to manage, operate and maintain the Port of Beirut’s container terminal is part of the CMA CGM Group’s strategy of developing its terminal business while supporting the growth and efficiency of its shipping lines, consolidating its end-to-end service offering and establish greater control over the logistics chain so that it can offer its customers higher-quality, integrated, digital and more environmentally-friendly services in a context that requires a comprehensive approach to the supply chain.

The Group is currently invested in 52 port terminals across 33 countries via its subsidiaries CMA Terminals and Terminal Link (joint venture).

Rodolphe Saadé, Chairman and CEO of the CMA CGM Group, commented: “Faithful to our commitments to Lebanon, we will be launching shortly an ambitious investment plan that will transform Beirut port’s container terminal into a state-of-the-art facility that meets the best international standards. It will be at the service of the Lebanese people and will revitalize the economic exchanges between Lebanon and the rest of the world.”

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Container Shipping Lines

“K” Line enters into long term time charter contracts with QatarEnergy

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"K" Line enters into long term time charter contracts with QatarEnergy. Image: Unsplash
"K" Line enters into long term time charter contracts with QatarEnergy. Image: Unsplash
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Kawasaki Kisen Kaisha, Ltd. has announced that the execution of seven long term Time Charter contracts through joint venture companies with QatarEnergy.

The joint venture companies have concurrently executed Shipbuilding contracts for 174,000m3 LNG carriers with Hyundai Heavy Industries Co., Ltd. QatarEnergy is one of the world’s largest LNG producers and will allocate the newbuilding vessels to transport LNG around the world.

The newbuilding vessels will be equipped with X-DF 2.1 iCER and Air Lubrication System which will contribute to reduction of GHG emissions and realize the ease of environmental impact by lower fuel consumption in operation. Since the delivery of “Bishu Maru” in 1983 as the first Japanese LNG carrier, “K” Line has been establishing expertise on LNG transportation and developing its worldwide network for
nearly 40 years.

X-DF 2.1 iCER is a low speed dual-fuel engine with gas at low pressure. Air Lubrication System is technology to curb the resistance between the ship’s hull and seawater by generating air bubbles on the ship’s bottom.

“K” LINE and QatarEnergy have had long-term relationship through several existing projects. The new contracts have been executed as a successful result of supervision of vessel’s construction with abundant experience, the high-quality ship management, and the highest
level of safe and commercially optimized operation.

In our Medium-Term Management Plan published in May 2022, “K” LINE has placed LNG business as one of the top priority areas in the future investment. “K” LINE will further expand long-term contracts and accommodate growing energy demands by responding to various customers’ needs.

Main Particulars of the Vessel

Shipyard: Hyundai Heavy Industries Co., Ltd.
Delivery: From 2025 through 2026
LOA: About 299m
Beam: 46.4m
Tank Capacity: 174,000m3
Propulsion System: X-DF
Speed: 19.5knt

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Container Shipping Lines

Yang Ming to add ‘YM Throne’ – a new 11,000 TEU container vessel

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Yang Ming to add 'YM Throne' - a new 11,000 TEU container vessel. Image: Unsplash
Yang Ming to add 'YM Throne' - a new 11,000 TEU container vessel. Image: Unsplash
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Yang Ming Marine Transport Corp. will add one more new 11,000 TEU container vessel, ‘YM Throne’. The vessel is chartered from Shoei Kisen Kaisha, Ltd. and built by Imabari Shipbuilding Co., Ltd. The naming ceremony of YM Throne took place at Imabari Hiroshima Shipyard. Yang Ming’s attendees joined the ceremony remotely at their Taipei office.

To further strengthen Yang Ming’s mid- to long-term operational efficiency, the company ordered a total of fourteen 11,000 TEU newbuildings through long-term charter agreements with ship owners. YM Throne is the thirteenth in the series and will be delivered in late August. This type of vessels has a nominal capacity of 11,860 TEU and is equipped with 1,000 plugs for reefer containers. With a length of 333.9 meters, a width of 48.4 meters, a draft of 16 meters, these vessels are designed to cruise at a speed up to 23 knots. The containerships incorporate various environmental features including scrubbers, Water Ballast Treatment Plant and Alternative Marine Power system.

This type of vessels adopts the twin-island design to increase loading capacity and navigational visibility to ensure more efficiency and safety. The ship hull form optimization will further increase energy saving, reduce overall emissions and increase fleet diversity. In addition, the ships are designed with shorter length and beam, which makes them easier to maneuver during berthing or departure. The new dimensions enable these ships to call at major ports worldwide and pass through the new Panama Canal with no restriction, and facilitate greater flexibility in vessel deployment.

Yang Ming started taking delivery of these new vessels from 2020. These additions can lower the average age of Yang Ming’s global fleet, reduce unit cost and achieve energy efficiency. In addition, these newbuildings will help the company to proactively cope with the challenges faced by the fast-changing shipping industry. YM Throne will be deployed on Yang Ming’s Trans-Pacific service PN3 after delivery. The new vessel will not only meet customer needs but also maximize capacity utilization. The joining of YM Throne will significantly enhance the competitiveness of Yang Ming’s global fleet and service network.

The port rotation for the 1st voyage of YM Throne in PN3 is Hong Kong – Yantian – Shanghai – Pusan – Vancouver – Tokyo – Kobe – Pusan – Kaohsiung – Hong Kong.

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Container Shipping Lines

MOL to equip bulk carrier with the “Wind Challenger” hard sail system

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MOL to equip bulk carrier with the "Wind Challenger" hard sail system. Image: MOL
MOL to equip bulk carrier with the "Wind Challenger" hard sail system. Image: MOL
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Mitsui O.S.K. Lines, Ltd. announced its intent to equip a second bulk carrier with the “Wind Challenger” hard sail system, which harnesses the power of wind to propel the vessel. MOL Group company MOL Drybulk Ltd. will operate the vessel, which will transport wood pellets for Enviva Inc., the world’s leading producer of sustainable wood bioenergy, and has signed a construction contract for the new ship with Oshima Shipbuilding Co., Ltd. The vessel, slated for delivery in 2024, will be the second Wind Challenger-equipped vessel in the MOL Group fleet, following one scheduled to enter services in October of this year.

MOL group is also examining the feasibility of adopting “Rotor Sails,” an auxiliary wind propulsion system developed by Anemoi Marine Technologies Ltd, of the U.K. Combined use of both the Wind Challenger and Rotor Sails is expected to reduce greenhouse gas emissions by an average of 20%.

For years, Enviva and MOL have engaged in discussions to improve the efficiency of marine transportation through a contract for the shipping of wood pellets in Atlantic waters. In recent years, there has been a need to reduce the environmental impact of the entire supply chain. As we entered into a partnership in March 2021 with the aim of realizing an environmentally friendly bulk carrier, we have been considering the introduction of energy-saving technology and this is a culmination of our studies so far.

MOL Group clearly states that the group will make a concerted effort to achieve net zero GHG emissions by 2050, under “MOL Group Environmental Vision 2.1.” It will further push forward adoption of energy-saving technologies using wind such as the Wind Challenger and Rotor Sails, to help reduce GHG emissions and realize a low- and de-carbonized society.

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