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Two Liner Subsidiaries of CMA CGM Proposed to Combine Their Intra-Asia Services The giant French shipping company, CMA CGM, has decided to merge two of its liner subsidiaries in order to improve its position in the intra-Asia trade. As per the recent reports, APL has suggested the acquisition of its sister organization called the Cheng Lie Navigation (CNC), which will ultimately lead to combining of their Asian regional services. It has been proposed that the intra-Asia operations will be consolidated under the CNC name instead of the APL tag, henceforth. The CNC brand will supervise the shipping services from its Singapore office and that includes the various sales channels and networks. The CEO of the APL organization, Nicolas Sartini, has voiced his opinion that APL is striving hard to become the next intra-Asia champion by all eliminating all competition in the near future. The advantages of mastering the comprehensive market connectivity in the Far East region is sure to boost the overall growth of the company and increase its contribution in the economically-driven Asia. For that matter, the Far East region is enriched with no less than 50 CNC weekly services along with 15 more from APL. Sartini is also confident that the new strategies and market development ideas will enable the joint venture to achieve better targets. The demands of the market and the customers are declared as the first priority and hence, the services will be constantly upgraded to meet them. Evergreen Marine Leases Five Berths at the Kaohsiung Port Evergreen Marine, a well-known company from Taiwan, has recently signed an agreement with the Taiwan International Port Corporation (TIPC) to lease no less than 5 berths at the 7 th terminal of the Kaohsiung port. Since 1986, the company has been leasing terminals at the port and has been accountable for 35% of the total container volume. The terminals are under construction and will incorporate advanced facilities like automated services, which will be beneficial for handling ultra-large containerships at the port. It has been declared that the first phase (two and a half berths) of the project will reach completion in 2022, while the second phase (two and a half berths) will be finished by the next year. The 7 th container handling centre has an impressive length of 2,415m with 18m draught. Soon, the centre will be able to simultaneously handle the operations of at least five ultra-large container vessels, each of 22,000 teu. In this competitive industry, Evergreen Marine has to keep updating its fleet structure in order to fulfil the rising demands of large-sized vessels. Major Indian Ports Recorded a Growth of 4.83 Percent in Eight Months In India, the major ports have registered an overall growth of 4.83 per cent in the first eight months of 2018. The total cargo handling during April-November is recorded to be 461.21 million tons, which is much higher than the 439.96 million tons recorded in the same time period in the previous year. To be more specific, the major ports included the ports of Kolkata, Chennai, JNPT, Cochin, Paradip, New Mangalore, Deendayal, Kamarajar, and last but not the least, Visakhapatnam. During the above-mentioned time period, the Deendayal Port was reported handling the highest volume of traffic (77.33 million tons) and was closely followed by the Paradip Port (71.30 million tons). These nine distinguished ports have successfully handled an approximate of 60.36 per cent of the recorded traffic in the major ports. Andhra Pradesh Will Witness the Construction of a New Port in Prakasam District The Chief Minister of Andhra Pradesh, Mr N. Chandrababu Naidu, will lay the foundation of a new port at Ramayyapatnam, which is conveniently located in the Prakasam district. Earlier, it was planned that a new port will be constructed at the Dugarajapatnam area in the Nellore district. However, that project was cancelled because the area was deemed unsuitable. The Ramayyapatnam Port has been approved by the government and work will start soon enough, according to sources. First LNG Cargo Has Been Exported from the Corpus Christi Terminal in Texas Texas’s Corpus Christi terminal has been responsible for loading the ‘Maria Energy’ LNG carrier with the Cheniere Energy’s first LNG commissioning cargo. The vessel has earned a good name for carrying the first LNG shipment from Texas and has now embarked on a journey towards Greece. DEFSA, the state-owned natural gas utility in Greece, has made public the news update that the shipment will be shortly delivered to the Revithoussa LNG terminal, outside of Athens. The Cheniere Energy organization has proven its worth in delivering projects within its safely and of course, after observing all the safety measures associated with it. The Corpus Christi liquefaction department is well-equipped with three large-scale LNG trains that have ensured that the transfer of cargo was carried out without any problems. Sources: https://splash247.com/apl-and-cheng-lie-navigation-merge-intra-asia-services/ http://www.seatrade-maritime.com/news/asia/evergreen-leases-7th-terminal-in-kaohsiung-to-cater-to-ultra-large-containerships.html http://www.maritimegateway.com/major-port-traffic-5-pc-first-eight-months/ http://eximin.net/NewsDetails.aspx?name=40018 https://maritime-executive.com/article/corpus-christi-lng-terminal-ships-first-cargo Want to know more news Around the World ? 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