French shipping company CMA CGM just deployed big container ships with a capacity of 10,000 TEU (Twenty Feet Equivalent Unit) between Asia and Africa to better respond to the rising trade between these continents. This was revealed by Le Marin on March 21.
Among the new big neo-panamax vessels are some bareboat chartered-in container ships. The ships are named after the children of Jacques Saadé, CEO of world’s third leader in shipping industry.
The new ships were deployed on Asaf lines which come from and go to Namibia, Angola, Congo Republic, and are connected to secondary ports that transship in Pointe Noire, Congo.
CMA CGM, which joins MSC by introducing big container ships which will connect Asian ports to those located along the Africa’s west coast, is thus providing 10 of the 13 ships operating on this route. Maersk has the remaining three (6,800 TEU each).
Four ship calls were added to the route (Singapore, Tanjung Pelepas in Malaysia, and at Coega, South Africa’s new deep water port). “The decision integrates our African expansion strategy,” CMA CGM said in a statement.
Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...
BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...
This week, Africa’s health outlook is shaped by mounting supply chain risks tied to global tensions,...
A $147M Novastar Ventures fund backed by major Japanese firms offers co-investment rights int...
EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...
Libya oil output reaches 1.43 million barrels per day Production nears pre-2011 levels as operations stabilize Oil dominates economy,...
Morocco renewable capacity doubles to 4,851 MW by 2025 Wind leads growth; solar expands, hydropower remains stable High energy import...
M-PESA evolves into major financial platform with 35 million users Telecoms, fintechs expand into banking, intensifying competition with...
EACOP pipeline reaches 82% completion ahead of planned 2026 launch Project to transport 216,000 barrels daily from Uganda to Tanzania Legal...
Sungbo Eredo, located in southwestern Nigeria near the Yoruba town of Ijebu-Ode, stands as one of the most remarkable yet overlooked monuments of...
“Dodji, l’Archet Vodoun” is a documentary about reconnecting with ancestral culture to understand one’s origins, following an initiation ceremony that...