CMA CGM and Maersk boost Far East-West Africa route capacity
COPENHAGEN/MARSEILLE : Shipping giants CMA CGM and Maersk are set to significantly enhance their joint Far East-West Africa shipping route, known as FW1/WAX, beginning December 5. This strategic move aims to double the route’s
CMA CGM, World’s no. 3 container carrier warns against price war
MARSEILLE : CMA CGM, the World’s No. 3 container carrier, urged the industry to avoid a price war as the delivery of new vessels threatens to push global shipping to a protracted slump. “New
Box lines announce new efforts to hike rates on India-US Trades
MUMBAI : Container lines serving the India-US trade seem to have realised that pushing through hefty general rate increases (GRIs) or peak season surcharges (PSSs) is a hard game, unless cargo volumes tick up in
Shipping giant CMA CGM reports drop in quarterly profit, better volumes
MARSEILLE : CMA CGM on Friday informed about its profit fell in the third quarter as a COVID-era boom in shipping continued to fade, but its volumes picked up as a destocking trend in
CMA CGM increases rates on Transatlantic trade
MARSEILLE : French ocean carrier CMA CGM announced adjustments on its rates, due to the “unsustainable rate levels” reached on the Transatlantic trade, effective from November for all Transatlantic westbound lines. From To 20’ST/RFCurrent
Mawani boosts Maritime Links with addition of CMA CGM’s India Gulf Express Service to King Abd…
RIYADH : The Saudi Ports Authority (Mawani) has announced the addition of the India Gulf Express freight service, operated by the French container carrier CMA CGM, to King Abdulaziz Port. This strategic move aims
CMA CGM joins forces with Renault and Volvo for new-generation electric vans
MARSEILLE : Renault Group, Volvo Group and CMA CGM Group join forces to address the growing need for decarbonised and efficient logistics with an all-new generation of electric vans. Renault and Volvo have created
Box lines revise services in Europe
LONDON : Aiming to optimise and improve their network, several container lines have announced changes in their European services. First of all, CMA CGM has decided to revise its GTL service again. According to