Home » Resource Database Case Study CMA CGM Penalized for Nature Threats Posed by Untreated Ballast Water Authoring Organisation BloombergNEF Publish Date 2024 Geography Global United States of America Download Case Study (CMA CGM Penalized for Nature Threats Posed by Untreated Ballast Water)(This link will take you to an external website) About this Case StudyContainer shipping company, CMA CGM, faced legal and policy risks associated with non-compliant ballast water. The case study explains the potential ecological impact of invasive species spread due to untreated ballast water and the resulting legal penalties. Key outcomesCMA CGM incurred USD 165,000 in fines for discharging untreated ballast water without authority or adequate reporting. Untreated ballast water risks spreading invasive species and may be contaminated with oil, paint chips, rust, sediment and toxins that damage marine life. Global shipping companies should assess nature-related risk arising from the interface between their operations and marine ecosystems. Download Case Study (CMA CGM Penalized for Nature Threats Posed by Untreated Ballast Water)(This link will take you to an external website) Related resources Chevron’s Gulf of Mexico Plans Caught in Legal Battle Over Protecting Rare Whale BloombergNEF | 2024Location: Mexico, United States of AmericaCase Study The case study details the legal challenges brought against Chevron's expansion plans in the Gulf of Mexico due to the potential impact on an endangered whale species, which resulted in financial and operational uncertainties for the company. The study also explores the broader implications for the... The Fed’s Inflation Fight Faces a New Challenge: A Dry Panama Canal (Bloomberg, June 2023) A news piece exploring the impact of drought on the water levels of the Panama Canal – and the effect it might have on inflation due to shipping disruption. Read it here. Related publications Guidance on biomes Related webinars Diving Into Oceans Data: New technologies and implications to support corporate reporting September 4, 2024 (Updated: September 4, 2024) The session was moderated by Tony Goldner and focused on how innovative data collection methods and metrics are revolutionizing the Blue Economy and informing corporate reporting in alignment with the Taskforce on Nature-related... Ocean change – risks and opportunities in the blue economy August 25, 2023 (Updated: September 14, 2023) Key focus areas of this webinar Key outcomes of this webinar