The Ace: Crew Feedback and Vessel Data

In a significant development in the maritime industry, a vessel has been sold for $6.0 million to a group of Chinese buyers. This transaction underscores the ongoing global interest in maritime assets and highlights the growing presence of Chinese investors in the shipping sector.

In an impressive move within the shipping industry, CMA CGM has successfully finalized a six-month charter agreement, which will see its vessels operating between the Far East and East Africa. This lucrative contract marks an exciting phase of trade for the renowned maritime company, with earnings projected at an impressive $8,000 daily. This strategic charter not only enhances CMA CGM's operational capabilities but also strengthens its presence in these key international shipping routes. The deal underscores CMA CGM’s commitment to providing efficient and reliable shipping services, continuing to meet the growing demands of global trade.

CMA CGM Group has announced significant upgrades to its direct weekly shipping services that connect the India Middle East Gulf with key East African markets, effective February 20, 2017. The enhancements include two direct services featuring a robust fleet of nine vessels, each with a capacity of up to 3,500 TEU, and a total of 12 port calls. The Swahili Express service is specifically tailored to serve Kenya and Tanzania, boasting impressive transit times that allow for delivery to Mombasa from Mundra in just 12 days, and to Dar Es Salaam in only 14 days. Additionally, the Noura Express service will see improved transit efficiency to Somalia, reducing the journey time to Mogadishu port to 7 days from Jebel Ali and to 17 days from Mundra. Starting from the m/v CHIEF, which will be at Nhava Sheva on February 24, 2017, the Swahili service will operate with four dedicated vessels. Notably, CMA CGM will introduce a direct call to Mombasa, enhancing its logistical capabilities in complement to the existing call at Dar Es Salaam. Furthermore, the port coverage at the origin will see an upgrade with the addition of two direct port calls in India. However, it is important to note that the Longoni and Zanzibar calls will be discontinued as part of these changes.