CMA CGM reshuffles Global fleet to escape US Port fees on Chinese-built ships
MARSEILLE : One of the world’s leading shipping companies, CMA CGM, has announced plans to reorganise its global fleet to avoid paying new US port fees targeting Chinese-built ships. These charges are set to
CMA CGM expresses keenness to fully return to the Suez Canal
ISMALIA : The Suez Canal Authority (SCA) engaged with major shipping lines, ship owners, and maritime agencies following recent security developments in the Red Sea region. This move supports a statement by the Egyptian
CMA CGM levies emergency surcharges on Pakistani trade amid India tensions
MARSEILLE : Shippers are beginning to feel the financial pinch of the sudden escalation in military tensions between India and Pakistan in the form of contingency surcharges levied by mainline ocean carriers. The first
CMA CGM signs 30-year deal to develop & manage Syria’s Latakia Port
SYRIA : French shipping and logistics group CMA CGM has signed a 30-year agreement with Syria to operate, expand, and invest in the country’s main seaport in Latakia. The deal includes an investment of
CMA CGM Vessel classed with Indian Register of Shipping
MUMBAI : Indian Register of Shipping (IRS) is proud to announce that CMA CGM Vitoria, a vessel operated by CMA CGM, one of the world’s leading container shipping lines, has been successfully classed with IRS.
CMA CGM acquires majority stake in South America’s largest container terminal
MARSEILLE : CMA CGM, a leading worldwide shipping company, has now become the controlling shareholder of Santo Brasil Participações S/A, after securing a 51% stake in the company. The finalisation of the deal was
CMA CGM announces Overweight Surcharge for container shipments from Indian Subcontinent and Arabian …
MARSEILLE : CMA CGM, the world’s third-largest container shipping company, has announced the introduction of an Overweight Surcharge (OWS) for shipments from the Indian Subcontinent and the Arabian Gulf to the Red Sea. Effective
CMA CGM tie-ups with French Mistral AI startup to target customer service
PARIS : Shipping Giant CMA CGM and tech startup Mistral AI expect rapid productivity gains from a 100 million euro partnership unveiled on Sunday, which the French firms also touted as a commitment to