CMA CGM’s profit jumps on buoyant shipping demand
PARIS : Strong global demand pushed up CMA CGM‘s third-quarter profit while the current quarter was seeing a rush to ship goods from China, the shipping group said
CMA CGM purchases 5 High-Reefer Ships from Seatrade : Alphaliner
MARSEILLE : Container analysts at Alphaliner have reported that French shipping giant CMA CGM has acquired five high-reefer 2,259 TEU container vessels that it previously had on long-term charter from
French tax on shipping would cost CMA CGM 800 million euros, CFO tells Les Echos
MARSEILLE : An exceptional tax on shipping proposed by the French government in a belt-tightening budget would cost CMA CGM about 800 million euros ($875 million) over two
US East Coast Ports strike would spark supply-chain glitches from outset
LOS ANGELES : A threatened Oct. 1 strike by dockworkers at ports on the U.S. East Coast and Gulf of Mexico would immediately disrupt the flow of goods
New alliance formation intensifies battle between major lines
SINGAPORE : With the container shipping alliance landscape expected to change in less than five months, it is worth examining the current dynamics of the alliances and how
BERG Propulsion contributes to substantial efficiency gains for CMA CGM – Rambow container shi
HONO (SWEDEN) : A collaboration between BERG Propulsion, shipping and logistics group CMA CGM and ship owner Reederei Rambow has proved pivotal in significant efficiency gains for an
CMA CGM ship loses 99 containers in storms off South Africa
SEOUL : A second CMA CGM ship in a month, MV CMA CGM Belem. has suffered a container stack collapse while transiting the Cape of Good Hope in
CMA CGM applies PCS in Gambia
MARSEILLE : French container carrier CMA CGM has announced a Port Congestion Surcharge (PCS) due to the current congestion in Banjul, Gambia. The surcharge will take effect on
CMA CGM expands logistics coverage in DR Congo
MARSEILLE : CMA CGM has announced plans to expand its coverage in the Democratic Republic of Congo by adding to the present feeder system. The company’s new product,
Unifeeder overtakes CMA CGM as second largest intra-Europe operator
AARHUS : Unifeeder is now the second-largest intra-Europe player, surpassing French ocean carrier CMA CGM through capacity additions, according to Alphaliner’s Report. The DP World subsidiary now operates