CMA CGM suspends Terminal Handling Charges in Ghana

CMA CGM has placed temporary suspension on the collection of Terminal Handling Charges in Ghana.
 In a notice to customers, the Shipping Firm said: “ CMA CGM wishes to inform its customers that the collection of Terminal Handling Charges (THC), which was introduced in Ghana on July 20th, 2016, has been temporarily suspended, effective October 4th, 2016”.
 The statement explained that CMA CGM will l communicate on the resumption in due course.
  Meanwhile, CMA CGM and ENGIE announce on Wednesday  the signing of a Memorandum of Understanding to promote LNG as the marine fuel for tomorrow’s container vessels.
Farid Salem, Executive Officer of the CMA CGM Group, and Isabelle Kocher, CEO of ENGIE, signed the agreement at the Marseille headquarters of CMA CGM.
The agreement focuses on:
CEO of ENGIE, Isabelle Kocher said: “We are most pleased with this cooperation with CMA CGM, which is a leader of maritime transport at the international level. For ENGIE, natural gas is a key element in the energy transition. The Group is actively engaged in the development of the diverse uses of retail LNG, especially for transportation. Ultimately, LNG as marine fuel will lead to a massive reduction in pollutant emissions.
Executive Officer of the CMA CGM Group, Farid Salem, said: “Liquefied natural gas has many environmental advantages. It is undoubtedly the fuel of the future of the maritime shipping industry that will progressively substitute heavy fuel oil over the next few decades. CMA CGM wishes to be a pioneer in this area. And with the agreement with ENGIE this allows the company to move one step closer.
LNG use offers many environmental advantages compared to the use of heavy fuel oil: it significantly reduces CO2 emissions, eliminates sulfur oxide (SOx) emissions, drastically reduces nitrogen oxides (NOx) and particulate matters.
The two groups consider that the use of LNG as a marine fuel is destined to expand in the near future and intend to be active players in this development.