Anonymous Nov 19

Containerships' acquisition completes

Containerships' acquisition completes image

The CMA CGM Group has completed the acquisition of Containerships, a container-transportation and logistics company. The European Commission authorised this transaction on October 22nd. Containerships, which specialises in the intra-European market, will complement CMA CGM’s service offering.

Founded in 1966, Containerships is a Finnish company specialised in Intra-European containerised trade with 690 employees. Containerships offers its clients a complete range of high-quality services, as well as logistics solutions through all types of transportation (sea, road, rail and barge).

With the acquisition of Containerships, the Group strengthens its position as a major player in intra-European transport, in particular through the combination of the geographical areas covered by Containerships and MacAndrews. MacAndrews, recently merged with OPDR, covers Great Britain, Poland, Sweden, Ireland, the Netherlands, Spain (including the Canary Islands), Portugal and Morocco. Containerships is present in the Baltic markets, Russia, Northern Europe, North Africa and Turkey.

Customers of the CMA CGM Group’s intra-European activity will now benefit from the expertise of 2,700 employees located in 130 offices. In 2017, 2.2 million TEUs (twenty-foot equivalent units) were transported on CMA CGM Group's and Containerships’ intra-European lines.

The acquisition of Containerships is part of the CMA CGM Group's strategy aimed at densifying its regional network, which began in 2002 with the acquisition of MacAndrews. CMA CGM is thus strengthening its intra-regional offer, a rapidly expanding market in which the Group is already present through its subsidiaries:

CNC Line, one of the leaders in the Intra-Asia market;

Mercosul, a leader in the domestic container transport market in Brazil

Sofrana, a major player in regional trade in the Pacific Islands;

MacAndrews, specialist in intra-European door-to-door multimodal solutions.

With Containerships, CMA CGM is also pursuing its strategy towards the protection of the environment with the upcoming entry into Containerships’ fleet of four 1,400 TEU vessels powered by liquefied natural gas (LNG). These vessels will be followed, from 2020 onwards, by the entry into service of the nine 22,000 TEU and two 1,400 TEU container ships ordered by the CMA CGM Group. In addition, Containerships has a fleet of LNG-powered trucks, enabling the CMA CGM Group to offer LNG throughout the transport cycle.

Separately, Hutchison Ports London Thamesport’s growing reputation as a short-sea container hub has been further enhanced by Helsinki-based Containerships plc’s introduction of a second weekly service from Gdynia, Poland.

Containerships has chosen the Kent based port for its second direct service to and from the southern part of the UK. The service offers regular and fast connections with Poland, with improved service and transit times from Gdynia of 3-4 days and 4-6 days for the return journey.

Mark Taylor, on behalf of London Thamesport, said:

“We are delighted to welcome Containerships’ second weekly service to London Thamesport. Containerships’ port of choice reflects the growing interest we are seeing for short sea container services into London Thamesport. This additional direct service from Gdynia provides a reliable, cost effective short sea alternative to road transport from Poland. This will provide a welcome option for UK importers struggling with driver shortages and higher haulage rates on the continent.

“As Brexit draws nearer, an increasing number of importers and exporters are reviewing their supply chain strategies, looking for routes that offer high resilience whatever the Brexit outcome. Working with our partners at Hutchison Logistics, and utilising London Thamesport’s locational advantages, we are ideally placed to help in that process.”

London Thamesport can handle a variety of deep and shallow-drafted vessels carrying a broad range of cargoes, including, containers, break-bulk and project cargoes. Efficient shipside operations, fast turn-around of vessels and road vehicles allows London Thamesport to provide its customers with a cost-efficient service in the heart of south-east England. 

Containerships is a leading short sea, end-to-end operator providing full service logistics from producer to consumer. It is present in 21 countries and operates a fleet of 14 ships across the North and Baltic Seas as well as the Mediterranean.  Containerships’ services are designed to offer a competitive, environmentally friendly alternative to road transport through frequent departures and the use of 45-foot containers that offer the same loading capacity as road trailers.