en.Wedoany.com Reported - CMA CGM has announced a $20 billion investment in shipping, logistics, and supply chain capabilities in the United States, to be completed over the next four years. The investment will be used to expand the fleet under the U.S. flag, enhance throughput capacity at major container ports on the East and West Coasts, build nationwide warehousing facilities, and develop a major air cargo hub in Chicago. CEO Rodolphe Sadde stated that this move will create 10,000 jobs in the U.S. and strengthen collaboration with customers and the public sector.
Over the past week, CMA CGM has also made progress in decarbonizing its fleet. The first dual-fuel methanol vessel completed its maiden call at the Port of Singapore. Named "CMA CGM IRON," the ship was built by Hyundai Samho Heavy Industries in South Korea. This 13,000 TEU vessel is the first in a series of 12 dual-fuel methanol ships that will be gradually deployed over the next two years. The company, which already operates dual-fuel gas-powered vessels, is adding methanol ships as part of its net-zero emissions target. "CMA CGM IRON" will be deployed on the CIMEX1 service connecting Asia with the Middle East Gulf region.
CMA CGM has also launched a new SEAS 3 service connecting the Far East with the East Coast of South America. This weekly fixed-day service has a port rotation of Shanghai, Shekou, Vung Tau, Singapore, Santos, Singapore, and Shanghai, with the maiden voyage departing from Shanghai on April 8. The Brazilian port of call is Tecon Santos, the largest container terminal in South America, operated by port group Santos Brasil. CMA CGM is seeking to gain a controlling stake in the terminal, having announced in September last year a deal to acquire approximately 48% of Santos Brasil's shares, and stated it will launch a public tender offer in the coming months to acquire the remaining shares.
Additionally, CMA CGM has introduced "My Exclusive Concierge" service, providing premium customers with a round-the-clock dedicated service team. The French shipping giant, with a strong net profit of $5.7 billion in 2024, has recently surpassed Maersk to become the world's second-largest container ship operator, trailing only Mediterranean Shipping Company (MSC).
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