Examples of CMA Ships in a sentence
Related Party Transactions See Item 4.B. “Information on the Company—Business Overview” for a discussion of our commercial transactions and agreements with CMA CGM and CMA Ships.
The following were represented in the work: Akzo Nobel, BIMCO, C-Leanship, CMA Ships, DG DivingGroup, Dutch Ministry of Infrastructure and Water Management, Fleet Cleaner, Hapag-Lloyd, Hempel, HullWiper, International Association of Classification Societies, International Chamber of Shipping, Minerva Shipping, Portland Port (UK), Port of Rotterdam and PPG Coatings.
The Company pays CMA Ships Limited an annual management fee of $114 per vessel and reimburses costs incurred on its behalf, mainly being for the provision of crew, lubricating oils and routine maintenance.
Ship Management Agreements At December 31, 2016, the Company outsourced day to day technical management of 13 of its vessels to CMA Ships Limited (“CMA Ships”), a wholly owned subsidiary of CMA CGM.
Ship Management AgreementsThe Company outsources day to day technical management of its 17 vessels to a ship manager, CMA Ships Limited, a wholly owned subsidiary of CMA CGM.
Ship management fees related to CMA Ships are shown separately in the Consolidated Statements of Income.
The management fees charged to the Company by Technomar and CMA Ships for the year ended December 31, 2018 amounted to $722 and $967, respectively (2017: CMA Ships - $1,599) and are shown in vessel operating expenses – related parties in the Consolidated Statements of Income.Conchart Commercial Inc.
HIGHEST STANDARD IN THE INDUSTRYGDP compliance, ISO 9001:2015 certification for CMA Ships (our fleet management subsidiary), selection of the best business partners and subcontractors in the industry.RISK CONTROLReefer spare parts on board, 24/7 technical support and additional tracking facility available.
This applies to the Client’s Payment Codes and Payment Instruments, but also to the Client’s credit card.
The Company pays CMA Ships an annual management fee of $123 per vessel (2015: $123, 2014: $123) and reimburses costs incurred by CMA Ships on its behalf, mainly being for the provision of crew, lubricating oils and routine maintenance.