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14855-TEU ‘Theodore Roosevelt’ Passed Through Panama Canal
On August 22, Panama Canal saw the passage of the largest container ship ever, Theodore Roosevelt of CMA-CGM. Its carrying capacity is 14855 TEU with a length of 365.9 meters and a width of 48.2 meters. The carrier was completed by Hyundai Heavy Industries in July and delivered. Jorge L. Quijiano…
NYSHEX Completed Round A Financing of 4.5 Million USD
On August 22, New York Shipping Exchange announced that it has completed Round A capital raising of 4.5 dollars with investors including CMA-CGM and Hapag-Lloyd. In March this year, Goldman Sachs and GE Ventures in total also invested 8.5 million dollars in the enterprise. So far, NYSHEX has got 13 m…
China Won Against South Korea to Get CMA-CGM Shipbuilding Order
On August 20, Trade Winds reported that CMA-CGM recently has signed a shipbuilding letter of intent with two Chinese shipbuilders. The transaction includes nine 22000-TEU ultra-large container carriers each with a price of up to 160 million USD which is equal to about 1 billion RMB. The value of the …
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