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The container shipping company CMA CGM was formed via a merger involving CGT. Following the 1973 oil crisis, the operation of SS France became even less profitable. In February 1974, the French government waived the compensatory subsidy which allowed the liner to continue to sail.
The terminal was purchased in 1973 by the New York City government for $47.5 million, [2] and United States Lines moved its container port operation there that year. [3] In 1985, the Port Authority of New York and New Jersey (PANYNJ) leased the terminal for 38 years. [4] The PANYNJ took full ownership of Howland Hook Marine Terminal in 2024.
American President Lines, LLC (APL, formerly American President Lines Ltd.), is an American container shipping company that is a subsidiary of French shipping company CMA CGM. It operates an all-container ship fleet, including nine U.S. flagged container vessels.
CMA CGM Fort Saint Pierre; CMA CGM Fort Sainte Marie; CMA CGM Fort Saint Georges; Built in the Taiwanese shipyard CSBC Corporation, Taiwan. Bureau Veritas is the classification society. The complete loop is made in 28 days and her ports of call are Dunkirk, Rouen, Le Havre, Montoir-de-Bretagne, Pointe-à-Pitre and Fort-de-France. The four ...
MV CMA CGM Everest originally picked up the containers from the Iranian port of Bandar Abbas. CMA CGM said it was the victim of a false cargo declaration, claiming the weapons were shipped in packages labeled as "glass wool and pallets of stone" and that the Iranian shipper "does not appear on any forbidden persons listing". [48]
In December 1998, CMA CGM bought ANL's container shipping business and trading name from the Federal Government. [11] Commercially, ANL still operates the more traditional north–south directional trades, plus nearly 20 relatively new east–west directional trades riding on the services of its parent — CMA CGM.
Port Newark on Newark Bay (foreground) and Port Jersey on Upper New York Bay CMA CGM Theodore Roosevelt, the largest container ship to enter the port as of on Sept 7, 2017. There are four container terminals in the port: Howland Hook Marine Terminal; Port Jersey Marine Terminal; Port Newark-Elizabeth Marine Terminal; Red Hook Marine Terminal
The average vessel size for U.S. port calls as of 2015 is less than 6000 TEU. However recently in 2016, container ships sizing from 12,000-14,000 TEU have been calling to U.S. ports in California. Notably, the CMA CGM Benjamin Franklin is the largest vessel to ever call to a U.S port. The Federal Maritime Commission has recognized the trend in ...