The Compagnie Maritime Belge (CMB) is one of the oldest Antwerp ship-owners. It is controlled by the Saverys family who also own major stakes in the Exmar and Euronav groups.
The Compagnie Maritime Belge (CMB) is one of the oldest Antwerp ship-owners. It is controlled by the Saverys family who also own major stakes in the Exmar and Euronav groups.
CMB was founded in 1895 under the name Compagnie Belge Maritime du Congo (CBMC). At the request of Leopold II of Belgium and with support from British investors, a maritime connection was opened with Congo Free State. On 6 February 1895 the CMBC ship Léopoldville was the first to leave port of Antwerp for Congo Free State. For sixty years the Congo boats (Kongoboten) were a constant presence in the port of Antwerp.
In 1930 CBMC acquired Lloyd Royal Belge , another Belgian shipowner. The name of the new company became Compagnie Maritime Belge (CMB), and new lines were opened towards America and the Far East.
In the Second World War, on the December 24th, 1944, CMB's 1928 Leopoldville while transporting the 66th Infantry Division, Leopoldville was torpedoed and sank in under 3 hours, losing 763 American soldiers and 56 crew.
After the Second World War, the company introduced new ships, including the cargo passenger liners Jadotville (1956) and Baudouinville (1957). However, in 1961 it sold both these liners to P&O, who renamed them Chitral and Cathay and placed them in service in the Far East.
In 1960 the company Armement Deppe was acquired, and between 1975 and 1982 gradually also the tramp ship company Bocimar. The company entered the dry bulk trade in 1962 and continues to be a major dry bulk operator under its Bocimar banner. In 1975, the CMB group took a minority share in the dry bulk tramping company, Bocimar, which was increased to a majority share in 1982. In 1988, CMB bought Hessenatie, a large general cargo and container handling company in Antwerp. [1] In July 1991 the Société Générale de Belgique, until then the main shareholder of the CMB, sold its shares to the holding Almabo and his shipping society Exmar, led by Marc Saverys. In 1995, half of CMB Transport (CMBT) was sold to Safmarine, a South African shipping company. In 1999, with the sale of the African network of AMI, CMB group's participation in the liner sector ceased and they focussed on the bulk carrier sector. In the same year, CMB gained full control of Euronav, an operator of crude oil tankers.
On June 28, 2019, Ocean Yield ASA announced the acquisition of newcastlemax dry bulk vessel from CMB for 40 million (USD) net of a seller's credit, with 15-year bareboat charter to CMB. [2] [3] [4]
In 2020, it was announced that the HydroTug, the first hydrogen-powered tugboat will be deployed in the port of Antwerp. [5]
Bocimar International NV's fleet mainly consists of Capesize and Handysize bulk carriers. Some of these vessels are owned jointly with other shipowners such as the Wah Kwong Group (Hong Kong) and the Oak Maritime Group (Taiwan). [6] It continues to build new vessels, the latest among them being at Hanjin Subic shipyard (HHIC Phil) and Samjin Shipyard (Korea) [7]
Bocimar's business consists mostly of the transport of dry bulk goods, especially coal, ores and grains. It has a portfolio of contracts with customers from the steel and energy sectors, especially those from Japan. [8]
Bocimar has offices in Tokyo (CMB Japan), Hong Kong, Singapore and New Delhi.
Its handy size vessels are further owned under Bohandymar, a subsidiary completely owned by the CMB Group.
Bocimar's vessels usually carry the prefix Mineral, CMB (vessels owned by Bocimar) or FMG (Vessels chartered out to Fortescue Metals Group)
As of 2017, its fleet consisted of 60 vessels ranging from Handysize to Capesize. [9]
CMB owns 1 panamax tanker
Delphis NV is a regional container shipping company headquartered in Antwerp, Belgium. [10] Delphis was founded in March 2004 and has offices in Antwerp and Oslo. [11] It operates as a subsidiary of Saverco NV, one of the holding companies of CMB [12] and provides logistics services in Europe through its subsidiary, Delphis logistics (founded 2009). [13] Delphis fully owns the logistics company Team Lines and acquired the Sjursoya container terminal in Oslo, Norway in 2009. [14] In March 2012, the remaining bulk carrier interests of Delphis were transferred formally to the CMB group. [15]
Delphis controls a fleet of 40 owned and chartered container vessels ( 500 to 2500 TEU capacity) of which it owns 10 container vessels, including A La Marine, El Torro, Hermes Arrow and Maersk Nimes [16] Its management team consists of Alexander Saverys (managing director), Chris Vermeersch (chief financial officer and manager finance).
ASL Aviation group is registered in Dublin. It owns, operates and manages a fleet of nearly 90 aircraft. [17] It was formed in 1972 as Air Bridge Carriers UK, acquired by the Hunting group in the 1980s, rechristened to Hunting Cargo Airlines in 1992 and transferred to Ireland in 1997. In June 1998, it was sold to a consortium consisting of CMB and Safair (part of the Imperial Group) and rechristened ACL (Air Contractors Limited). In 2007, Imperial sold its shareholding, and CMB has been its sole owner since 2010.
Its major clients include DHL, UPS, TNT Express and Aer Lingus; and it charters out its aircraft through Europe Airpost and Safair.
As of September 2013, ASL Aviation's owned fleet consisted of:
Shares of the CMB group are listed on NYSE Code CMB.BR, Euronext [19] Brussels and are included in the Next 150 index. Its major shareholders are Saverco/Marc Saverys (49,43%), Victrix/Virginie Saverys (15,99%) with the balance owned by CMB and third parties [20]
Similar to other ship owners, CMB's earnings declined in the worldwide economic recession starting from 2007. However, they started to bounce back towards the end of 2012, [21] and started recording profits from 2013. [22]
A bulk carrier or bulker is a merchant ship specially designed to transport unpackaged bulk cargo—such as grain, coal, ore, steel coils, and cement—in its cargo holds. Since the first specialized bulk carrier was built in 1852, economic forces have led to increased size and sophistication of these ships. Today's bulk carriers are specially designed to maximize capacity, safety, efficiency, and durability.
ASL Airlines Ireland (ASLI), formerly Air Contractors, is a cargo airline with an extensive operations network. It operates scheduled freight services throughout Europe on behalf of major parcel integrators such as Amazon, FedEx Feeder and DHL Express; and some wet lease services for scheduled airlines. ASL Aviation Holdings DAC, the parent company of ASL Airlines Ireland, is headquartered in Swords, County Dublin, Ireland.
CMA CGM S.A. is a French container transportation and shipping company. It is the world’s 3rd largest container shipping company, using 257 shipping routes between 420 ports in 160 countries. Its headquarters are in Marseille, France The name is an acronym of two predecessor companies, Compagnie Maritime d'Affrètement (CMA) and Compagnie Générale Maritime (CGM), which translate as "Maritime Freighting Company" and "General Maritime Company".
Bulk cargo is commodity cargo that is transported unpackaged in large quantities.
Shipbroking is a financial service, which forms part of the global shipping industry. Shipbrokers are specialist intermediaries/negotiators between shipowners and charterers who use ships to transport cargo, or between buyers and sellers of vessels.
The Baltic Dry Index (BDI) is a shipping freight-cost index issued daily by the London-based Baltic Exchange. The BDI is a composite of the Capesize, Panamax and Supramax Timecharter Averages. It is reported around the world as a proxy for dry bulk shipping stocks as well as a general shipping market bellwether.
Kristian Jebsens Rederi usually known as the Jebsen Group or KJR has business activities ranging from ship owning, ship commercial operations, technical and crew management. The group employs 250+ on-shore personnel plus over 15,000 seafarers in their pool serving the global shipping industry. Jebsens core shipping activities focus on the transport of dry bulk commodities in Europe, the Far East, Australia and the Pacific North American Coast for industrial clients with the use of tonnage ranging from Small Handysize up to Panamax vessels, both Self-unloaders and conventional.
Bahri, formerly known as the National Shipping Company of Saudi Arabia, is a transportation and logistics company, positioned as the national shipping carrier of Saudi Arabia.
Euronav is a Belgian international shipping enterprise which focuses on oil transport by sea. Euronav is considered to be one of the major independent global oil shipping firms.
The H. Vogemann Group is a German shipping company. Founded in 1886, the company is privately owned by its managing partners and its fleet of bulk carriers has a capacity of more than 1.5 million tonnes deadweight (DWT).
The international shipping industry can be divided into four closely related shipping markets, each trading in a different commodity: the freight market, the sale and purchase market, the newbuilding market and the demolition market. These four markets are linked by cash flow and push the market traders in the direction they want.
EXMAR Ship Management is a Belgian maritime company. It was established in 1991 from the shipping activities of the CMB group, Compagnie Maritime Belge, established in 1895 as a diversifie shipping group with headquarters in Antwerp, Belgium. When the CMB shareholders decided on the de-merger of the company by spinning off its Gas Transport Business into a new Belgian listed public limited liability company, EXMAR Shipmanagement NV became a 100% affiliate of Exmar NV.
Costamare Inc. (NYSE:CMRE) is a Greek and Marshall Islands corporation and one of the world's leading owners and providers of containerships for charter. Its headquarters are in Athens, Greece. Costamare Inc. has 37 years of history in the international shipping industry and a fleet of 56 containerships, with a total capacity of approximately 326,000 twenty foot equivalent units (TEU) including 10 newbuild containerships on order.
Dart Containerline Co Ltd was a consortium of shipping companies that commenced operations in 1969, thus becoming one of the first container shipping operators.
The Saverys family is one of the oldest shipping related families in Belgium. It controls the CMB group, Bocimar, Delphis, ASL Aviation, Euronav and Exmar companies. The combined wealth of the Saverys family is $951 Million dollars.
J. Lauritzen(JL) is a Danish shipping company with worldwide operations headquartered in Hellerup, Denmark. JL is a private company wholly owned by the Lauritzen Foundation, a Danish commercial foundation that is also the main shareholder (around 40%) of DFDS, one of Europe's largest ferry shipping and logistics company.
Foremost Group is a privately held American shipping company, headquartered in New York City. It operates globally, chartering vessels to companies in the dry bulk shipping industry. Its clients include Bunge, Cargill, Dreyfus (Rotterdam), MOL (Tokyo) and NYK Line (Tokyo). Foremost Group was founded in 1964 by James Si-Cheng Chao and his wife Ruth Mulan Chu Chao, who each immigrated to the United States from China by way of Taiwan. Its chair and CEO since 2008 is Angela Chao, the sixth daughter of the company's founders and the third of their children born in the United States.
Oldendorff Carriers is a family owned shipping company with headquarters in Lübeck.
Peter Döhle Schiffahrts-KG ("PD") is a seaborne shipping company and maritime service provider headquartered in Hamburg, Germany. It is the parent holding company of the Döhle Group which has several affiliates and is operating worldwide. The Company owns and operates a fleet of container vessels, multi-purpose vessels and bulk carriers. The group of companies employs worldwide around 4,800 crew members as well as 2,000 employees ashore.
{{cite journal}}: Cite journal requires |journal= (help)