Hafnium

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Wednesday, April 22, 2009

2007 CMA CGM launches first Chinese port venture; is also interested in Mexico Punta Colonet seaport

" Monday, November 26, 2007  CMA CGM in first Chinese port venture
[http://cargobusinessnews.com/archive/week_of_112607.html]

A “STATEGIC cooperation agreement for the development of the port of Haicang at Xiamen” was signed Nov 26 by CMA CGM Group, the municipality of Xiamen (Fujian province), and New World Services Holding Ltd. (NWS), according to a company announcement.

 This will be CMA CGM’s first port investment project in China. The French group has shares in 16 port terminals around the world.

 According to the agreement, CMA CGM and its partners will invest in the construction and management of a deep water container terminal.

 The container port is planned to be operational in 2009.

 CMA CGM is the third largest container shipping group for international traffic in China, with 280,000 TEUs planned for 2007, according to the announcement.

 New World is a “well-established Hong Kong–based group with a rich experience of investments in transport infrastructure projects in China, especially in ports (Xiamen, Tianjin, Dalian, and Wenzhou).”

 The ceremony, at the Great Hall of the People in Beijing, was attended by French President Nicolas Sarkozy and Chinese President Hu Jintao."

Company interested in Punta Colonet is profiled by Greenpeace, scrapping their ships in Asia

"Greenpeace has selected 50 ships which might be scrapped soon. We have asked the owners of these ships to declare that their ships will be decontaminated before scrapping at Asian countries. Until that time Greenpeace will follow and monitor these (and other) ships.

Fort Royal (renamed CMA CGM Arno)

Name:      Fort Royal (renamed CMA CGM Arno)
Type, year of  build, size,  flag:      Container ship, 1979, 30,998 DWT, Panama flag (since 14-07-2003)
Shipping  company:      CMA-CGM in France Jackson Navigation in Taiwan
Comments:      CMA/CGM is number one in France in containerised liner shipping industry and eigth worldwide. The company operates 90 ships, a quarter of which are company owned.

Fort Royal capacity: number of 20 foot equivalent unit containers is 1512. The vessel was built at Dunkirk, France.

Scrap record:

    * The container Chicago Express was sold to Indian breakers for US$2.64M in 2001."
http://www.greenpeaceweb.org/shipbreak/50-ships.asp?id=31