BMT Awarded Contract for New Gourock Ferry Concept Design

Caledonian Maritime Assets Limited (CMAL) has awarded a contract to international design and engineering firm BMT to provide consultancy services for the concept design of a new passenger ferry for the Gourock, Dunoon and Kilcreggan routes. The new ferry will be designed to replace the vessels currently operated on the routes by CalMac.
The contract is part of the Gourock Harbour Infrastructure & Vessels Project, which is a partnership between Transport Scotland, CMAL, CalMac and Argyll and Bute Council. The project covers the redevelopment of Gourock Ferry Terminal and works to the harbour infrastructures at Dunoon and Kilcreggan, as well as the delivery of new passenger-only vessels. When complete, it will provide a modern, reliable and resilient lifeline passenger ferry service between the terminals at Gourock, Dunoon and Kilcreggan.
With a strong focus on reducing the environmental footprint, BMT and CMAL will investigate and evaluate the application of energy efficiency solutions to make the new vessel design more sustainable while still offering the high level of safety and reliability expected from a lifeline ferry service.
Andy Crossan, senior technical manager and projects director at CMAL, said:
“BMT has a strong track record of advanced vessel design, knowledge and experience, and has a thorough understanding of the challenges and the opportunities offered by the port infrastructure redevelopment. The contract award is an important milestone in the new vessel project, which will provide much-needed investment in the ferry service for the local community and the overall vessel fleet.”
Sylvain Julien, director of naval architecture at BMT, said:
“BMT is committed to leading the way in designing vessels that lower the environmental impact, and we welcome the opportunity to work with CMAL to work towards increased sustainability by leveraging our deep understanding of advanced ferry design and operation.”

CMA CGM Awarded ‘Best Shipping Line – Asia Europe’ at the 2020 Asian Freight, Logistics and Supply Chain Awards

CMA CGM named leading ocean carrier on the Asia-Europe trade lane by industry stakeholders, customers and global shippers.
CMA CGM was awarded the “Best Shipping Line – Asia Europe” at the 2020 Asian Freight, Logistics and Supply Chain Awards (AFLAS) yesterday evening in Hong Kong. Voted by industry stakeholders, customers, global shippers and readers of Asia Cargo News, the accolade reaffirms CMA CGM’s undisputed standing as the leading ocean carrier on the Asia-Europe trade lane.
Currently, CMA CGM carries cargo between the two continents through seven weekly Asia-Europe services. CMA CGM is, in particular, associated with its French Asia Line 1 (FAL1) service that links Asia, Spain, North Europe, the Mediterranean and the Middle East.
In September, the CMA CGM JACQUES SAADE, the world’s largest containership to be fully powered by Liquified Natural Gas (LNG) was phased into the FAL 1 service. The mega vessel is the first of the Group’s nine 23,000-TEU LNG vessels to enter commercial operations, facilitating trade flows between Asia and Europe both efficiently and sustainably.
Stéphane Courquin, Chief Executive Officer of CMA CGM Asia Pacific Limited, said: “The award marks a symbol of excellence in CMA CGM’s service quality and reliability, innovative drive and customer-centricity focus. With Asia-Europe being our stronghold market, this accolade is all the more meaningful to the CMA CGM Group. We will continue to raise the bar of our services and solutions to meet the varied needs of our shippers and keep their supply chains going.”

Commerzbank once again awarded top position for equity research and sales in Germany

Institutional Investor (previously Extel) survey ranks Commerzbank first in ‘Overall Germany Research’
Commerzbank analysts take the two top positions for ‘Overall Germany Research’
Commerzbank awarded first and second placements in research sectors with a German-related focus
Top 1 and 2 positions, respectively, in the European categories ‘Equity Technical Analysis & Charting’ and ‘Index Analysis’
Commerzbank leads the line-up in ‘Sales: Overall Germany’ and ‘Corporate Access: Overall Germany’

In this year’s Institutional Investor (formerly Extel) survey of equity professionals in Europe and the United States, Commerzbank has confirmed its top position in German equity research, sales and corporate access. This seamlessly follows on from the Bank’s Top 1 and 2 rankings in the Extel category ‘Germany – Leading Brokerage Firm’ of the past 10 years.
With regard to research sectors with a German-related focus, Commerzbank leads in ‘Financials’, ‘Industrials’ and ‘Information Technology’, and comes second in ‘Consumer Discretionary’,’ ‘Materials’ and ‘Small & Mid Cap Stocks’. Commerzbank is also ranked first and second, respectively, in the European categories, ‘Equity Technical Analysis & Charting’ and ‘Index Analysis’.
In ‘Corporate Access: Overall Germany’ the Bank earned top marks for ‘Conferences’, ‘Roadshows’, ‘Field Trips’, ‘Logistics’ and ‘Team Quality’ related to Germany.
‘We have always maintained our quality promise of a first-class research offering and are very grateful that customers value this,’ said Christoph Dolleschal, Head of Equity Research & Strategy and Deputy Head of Research at Commerzbank. ‘In this challenging time, too, the scope and quality of our product range has not suffered. It pays to note that a year ago we completely digitalised the research production, so there were no restrictions on home office activities.’
In the survey of more than 1,200 financial institutions for the European equity market, Commerzbank analysts achieved outstanding results in several individual rankings: The two best analysts in the ‘Overall Germany Research’ category are members of the Commerzbank Research team: Andreas Huerkamp (first place) and Achim Matzke, Head of Technical Analysis & Index Research (second place). In addition, Commerzbank analysts captured a further twenty ‘Top 10’ positions in various categories with a German-related focus, twelve of which were in the Top 3.