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
CMA CGM and Maersk enter into decarbonisation partnership
MARSEILLE / COPENHAGEN : Two of the largest container shipping companies, Maersk and CMA CGM have decided to collaborate on decarbonisation initiatives. Both ocean carriers believe that working together can assist in accelerating the
CMA CGM revises Peak Season Surcharge
MARSEILLE : French ocean carrier CMA CGM has announced the revision of a peak season surcharge (PSS) from the Indian Subcontinent, Middle East Gulf, Red Sea and Egypt to the United States East Coast
DP World and CMA CGM form joint venture to operate Chile Container Depot
SAN ANTONIO : DP World and CMA CGM have created a new company Chile Inland Services (CIS), a joint venture to operate a container depot and bonded storage facility 10 km from the Port
CMA CGM commits to buy Bollore logistics unit for $5.5 bln
MARSEILLE : French shipping group CMA CGM has committed to buy the logistics operations of family-run conglomerate Bollore for an enterprise value of 5 billion euros ($5.5 billion), the two companies said on Monday. CMA
CMA CGM announces Overweight Surcharge update from Asia and India East Coast to Nigeria
MARSEILLE : CMA CGM announced an updated Overweight Surcharge (OWS) from Asia and India East Coast to Nigeria effective 28 April. The French ocean carrier will implement a fee of US$250 per 20′ dry
CMA CGM offers to buy Bollore Logistics for $5.5 billion
MARSEILLE : CMA CGM SA has entered exclusive talks to buy Bollore SE’s logistics arm for an enterprise value of €5 billion ($5.5 billion), in a sign shipping billionaire Rodolphe Saade isn’t through with
Cosco Shipping, CMA CGM and SIPG sign MOU to collaborate on green marine methanol supply
SHANGHAI : On April 6, in the presence of the heads of state of China and France, Chairman of COSCO SHIPPING Mr. Wan Min, Chairman, CEO of CMA CGM Mr. Rodolphe Saadé and Chairman