CMA CGM invests in Brittany Ferries

The CMA CGM Group, a giant in maritime transport and logistics, has committed to invest 25 million euros, including 10 million euros in quasi-equity, in Brittany Ferries, the largest ferry company operating under French flag, to support Brittany Ferries Recovery of the Covid-19.

Brittany Ferries said the partnership would help unlock synergies between the two companies in passenger and freight transport.

“By drawing on the respective expertise of the CMA CGM Group and Brittany Ferries, it will also help promote the development of cross-Channel transport and strengthen France’s position in the sector. As part of this agreement, a representative of the CMA CGM Group will join the Supervisory Board of Brittany Ferries, ”said Brittany Ferries.

The agreement establishes a commercial partnership between the CMA CGM Group and Brittany Ferries through the use of the freight space available on board Brittany Ferries’ services to the United Kingdom, Ireland and the Iberian Peninsula.

The transport of goods on board Brittany Ferries’ roll-on roll-off (roro) vessels will expand the CMA CGM Group’s offer in the roro sector for the Atlantic and the north coast of France to destinations UK.

“The partnership with CMA CGM will also allow Brittany Ferries to acquire more expertise in freight and logistics. It will help the company adapt more easily to post-Covid-19 trends in freight transport, including the transport of unaccompanied trailers. , and to offer new transport services to better meet the needs of its customers, ”said Brittany Ferries.

With the deal, the two groups will be able to introduce new roro services, the company said.

LNG powered vessels

CMA CGM and Brittany Ferries, both engaged in the development of liquefied natural gas (LNG) to propel their ships, will explore ways to share their LNG knowledge and resources in areas such as French crew training and fueling procedures. security.

The two companies are also committed to implementing more environmentally friendly transport and logistics solutions, added Brittany Ferries.

Two new LNG-powered vessels are expected to join Brittany Ferries’ fleet next year and in 2023. The new Ro-pax vessels, to be called Salamanca and Santoña, will provide services between the UK and Spain.

In addition, Brittany Ferries is preparing to introduce a new rail freight service to expand its multimodal offer. By the end of 2022, the company will offer its customers an unaccompanied trailer transport service on the Atlantic coast rail network between Bayonne and Cherbourg.

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