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
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
Sea-Intelligence reports US$15 billion drop in box lines 2022 last quarter earnings
COPENHAGEN : Even though the shipping lines recorded 2022-FY Earnings Before Interest and Taxes (EBIT) of US$138 billion, minus CMA CGM, PIL, and MSC, there were visible indications
CMA CGM adds Indian Subcontinent to congestion surcharge destinations from Mersin
MARSEILLE : CMA CGM has announced a port congestion surcharge from Mersin, Turkey to the Indian Subcontinent due to current delays in the Turkish port. After CMA CGM’s congestion
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
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
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
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
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,
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