Tag: CMA CGM
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CMA CGM’s $2.6 Billion Bet on LNG Dual-Fuel Containerships: A Giant Leap Towards Sustainable Shipping
CMA CGM’s Groundbreaking Order for LNG Dual-Fuel Containerships CMA CGM’s Order for LNG Dual-Fuel Containerships CMA CGM, the world’s third-largest container shipping company, has recently placed an order for a dozen liquefied natural gas (LNG) dual-fuel 18,000 TEU containerships. This significant order, valued at KRW 3.7 trillion (approximately $2.57 billion), marks a pivotal moment in…
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Lunar New Year’s Impact on Global Trade and Container Shipping: Navigating Seasonal Disruptions and Recovery
The Impact of Lunar New Year on Global Trade and Container Shipping Overview of Lunar New Year Holiday Season The Lunar New Year holiday season significantly influences global trade, particularly the container shipping industry. This annual event leads to a slowdown in cargo volumes due to factory shutdowns in China, a major player in global…
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The Gemini Cooperation: Revolutionizing Global Container Shipping with Reliability and Sustainability
The Gemini Cooperation: A New Era in Global Container Shipping The Gemini Cooperation, a strategic partnership between Maersk and Hapag-Lloyd, marks a significant shift in the global container shipping industry. Launched on February 1, 2025, this alliance aims to deliver industry-leading reliability of over 90% through an innovative hub-and-spoke network. The network will encompass approximately…