Container lines hold onto India-US trade GRIs despite little success signals
MUMBAI : Container lines seem to be firm on going ahead with a mild rate restoration programme for shipments from India to the United States and Canada even as they continue to face demand
CMA CGM ups intra-Europe market share
MARSEILLE : CMA CGM is the only carrier to substantially increase intra-Europe capacity, particularly in the North Europe-Turkey lane, according to Alphaliner’s latest report. Together with Swiss-Italian market leader MSC, the French carrier accounts
CMA CGM’s first three quarters boost revenues and earnings despite Q4 slowdown
MARSEILLE : French ocean carrier CMA CGM has achieved significant increases in its main financial figures in 2022, compared to the previous year. In particular, the Marseille-headquartered company noted a 33.1% growth in revenues
9 e-methane-ready dual-fuel boxships joined CMA CGM’s fleet in 2022
MARSEILLE : French container shipping major CMA CGM welcomed nine e-methane-ready dual-fuel container ships into the fleet in 2022. The ships pertain to CMA CGM’s $10.2 billion investment in a fleet of 77 LNG-powered
CMA CGM reshuffles its West Africa services
MARSEILLE : CMA CGM revises West Africa network according to which EURAF 3 service will be discontinued, WAZZAN will deploy a full fleet of 1,700 TEU nominal capacity, and a dedicated Central Range Feeder
Maersk & CMA CGM decide changes in joint Europe – East Coast South America services
COPENHAGEN : Maersk and CMA CGM have decided to make some adjustments in their joint Samba/SAFRAN and BossaNova/SIRIUS services, which link Europe with the East Coast of South America. Firstly, Samba/SAFRAN will call the
CMA CGM announced the NC LEVANT new service setup
MARSEILLE : CMA CGM announced the NC LEVANT new service setup, which aims to improve regional coverage after the company’s recent investment in Egypt’s Trans Misr Terminal (TMT). The updated rotation will be Felixstowe
New Worldwide PSS announced by CMA CGM
MARSEILLE : CMA CGM has announced a new peak season surcharge (PSS) from Indian Subcontinent, Middle East Gulf & Red Sea to North Europe, Scandinavia & Poland, Black Sea, Morocco; East & West Mediterranean,