CMA CGM has announced of having in course negotiations in via exclusive right for the fusion with NOL



The French shipowning group CMA CGM has announced of having in course negotiations in via exclusive right for the fusion with the shipowning society Neptune Orient Lines (NOL) of Singapore, communication that cuts momentarily shipowning group Danish A.P outside. Møller-Mærsk, also interested it to the concentration operation ( on 9 November 2015). CMA CGM has specified that the period of validity of the exclusive right of the negotiations with NOL and the Lentor Investment, society that stops 39.48% of the capital stock of group NOL and that integrally it is controlled by the group Temasek Holdings, in its turn shareholder of the NOL with a quota pairs to 25.87% of the capital, will conclude next 7 December.

CMA CGM has emphasized that "if these negotiations had to lead to an agreement, such combination would contribute to the consolidation of the field of the marine transport of the container in a moment in which the effects of scale they are more decisive that never. Moreover - it has emphasized the French company - CMA CGM as total force in the containerized marine transport would strengthen taking advantage of the remarkable geographic and operating complementariness of both groups".

With the acquisition of the NOL, whose Core business - after the cession of branch logistic APL Logistics to the Kintetsu Japanese Express World ( on 17 February 2015) - the American American President Lines has remained that of the containerized marine transport in which work with acquired brand APL buying in 1997 ( on 15 April 1997), the group CMA CGM will consolidate own position to the third party place in the world-wide ranking of the first companies of the field of the services of line with a fleet of the cargo ability total pairs to beyond 2,3 million teu included the ships in order, sum of the current ability to 1,8 million teu to the fleet of the French company more that than about 550 thousand teu of the APL fleet. The ranking, so as in 1997, is capeggiata by Danish A.P. Møller-Mærsk continuation from the shipowning group Helvetic Mediterranean Shipping Company (MSC) that eighteen years ago it occupied the tenth step of classifies.

Currently the fleet of CMA CGM, on a total of about 450 ships, is constituted by 34 portacontenitori of large-capacity in a position to transporting volumes pairs to beyond 10 thousand container teu, of which four ships of the ability to 18 thousand teu, three from 16 thousand teu, five from 14 thousand teu, two from 13 thousand teu and 20 ships of next ability to 11 thousand teu. Currently in the fleet of the APL, formed they give about 90 ships, they figure 16 portacontainer of the six ability beyond 10 thousand teu, of which you are of the ability to 14 thousand teu, from 11 thousand teu and four from 10 thousand teu.