The New Suez Canal will be inaugurated on August 6th by the President of Egypt Abdel Fattah Al-Sisi, and 5,000 distinguished guests – public and private personalities, institutions and international companies such as the CMA CGM Group.
Suez Canal: a major route for world trade and the CMA CGM Group offering an alternative to round Africa and to the Panama Canal
The Suez Canal was first built from 1859 to 1869 under the supervision of Ferdinand de Lesseps. It is one of the main canals constructed by men. It was built for maritime transportation in order to avoid sailing around Africa.
The Suez Canal is the shortest route between east and west and enables the CMA CGM Group’s vessels to reduce their sailed distances.
For instance, the Suez Canal decreases:
By decreasing the length of the CMA CGM vessels’ trips the Suez Canal contributes to the Group’s environmental policy. Its commitment enabled the reduction by 50% of the CO2 emissions by container / km since 2005.
The New Suez Canal will double the transit capacity by 2023 and enable a more rapid and fluid sailing for the CMA CGM Group’s vessels
Longest canal in the world, with a 193 km length and a 345 m width, the Suez Canal is crossed by about 20,000 vessels each year, and by 8% of the world maritime traffic.
The works on the New Suez Canal lasted a year during which were achieved:
With the New Suez Canal:
Over 600 of the CMA CGM Group’s vessels transit each year through the Canal
The Suez Canal, by joining Asia to Europe and Africa, not only is a geostrategic symbol; it also has a special importance to the CMA CGM Group, a leading worldwide shipping group.
CMA CGM vessels sailed through the Canal 637 times in 2014. 11 of the Group’s services use the canal regularly, including the French Asia Line, CMA CGM emblematic line joining Europe, the Mediterranean, the Middle East and Asia. 700 of the Group’s vessels will cross the New Canal in 2015.
Nicolas Sartini, CMA CGM Group Senior Vice President Asia to Europe trades:
“CMA CGM is the 3rd shipping group in the world, a key partner to the Suez Canal and a major player for the world commercial exchanges. The New Suez Canal finalization is a major event for us. Our vessels use that strategic route serving the world’s main markets each day. Traffic through the canal being more fluid and transit times shortened, our Group will improve its clients’ offer and its service reliability”.