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Cma Cgm

All articles tagged with #cma cgm

business1 year ago

"Red Sea Security Crisis: Impact on Global Trade and Supply Chain"

CMA CGM, a major shipping group, has suspended all vessel crossings through the Bab al-Mandab Strait in and out of the Red Sea due to security risks posed by recent attacks on vessels by Houthi militants in Yemen. This decision disrupts the main trade route between Asia and Europe and follows similar actions by other major shipping firms. CMA CGM has redirected some services around southern Africa but had previously continued to send some ships through the Red Sea with the support of French navy escorts.

maritime-industry1 year ago

Red Sea Shipping Crisis: Crews Seek Dialogue to Address Impact on Global Trade

Crew members working for CMA CGM have expressed significant concerns about the company's safety policies and compensation practices regarding Red Sea transits, particularly in light of heightened security risks due to recent attacks by Houthi rebels. They are calling for a reassessment of routes, enhanced safety measures, improved compensation packages, and a transparent communication channel for employees to voice their concerns. Meanwhile, industry commentators and surveys highlight the growing impact of security threats on seafarer welfare, and the European Union plans to launch a naval mission in the Red Sea within three weeks.