That's CMA GCN's Benjamin Franklin at the Port of Long Beach.
At 18,000 TEU a bit less capacity than the Maersk Triple E-class (and considerably less than some of the MSC and CSCL monsters), Big Ben is the largest container ship ever to visit the U.S
From Reuters via gCaptain:
PARIS, March 10 (Reuters) – CMA CGM, the world’s third-largest container line, swung back to a net profit in the fourth quarter of last year, supported by a recovery in freight rates and efficiency measures taken during a prolonged downturn in shipping, the company said.Possibly also of interest:
The improvement in the shipping market had continued at the start of 2017, but the sector remained fragile and CMA CGM did not plan to order any new vessels in the near term, it said in a financial results statement on Friday.
It had also delayed taking delivery of three vessels scheduled for this year until 2018, it said, after already postponing an unspecified number of deliveries from 2016.
The French group reported a net profit, including Singapore-based NOL acquired last year, of $45 million for the fourth quarter, compared with a $46 million net loss in the same period of 2015.
For the full year, it posted a net loss of $452 million including NOL, against a $567 million net profit in 2015.
The shipping industry has been sapped by vessel overcapacity and faltering economic growth, prompting consolidation efforts including CMA CGM’s $2.4 billion takeover of NOL....MORE
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