CMA CGM’s profit jumps on buoyant shipping demand
PARIS : Strong global demand pushed up CMA CGM‘s third-quarter profit while the current quarter was seeing a rush to ship goods from China, the shipping group said on Friday as it played down
CMA CGM purchases 5 High-Reefer Ships from Seatrade : Alphaliner
MARSEILLE : Container analysts at Alphaliner have reported that French shipping giant CMA CGM has acquired five high-reefer 2,259 TEU container vessels that it previously had on long-term charter from Dutch reefer owner Seatrade. The price
French tax on shipping would cost CMA CGM 800 million euros, CFO tells Les Echos
MARSEILLE : An exceptional tax on shipping proposed by the French government in a belt-tightening budget would cost CMA CGM about 800 million euros ($875 million) over two years that it would not able
US East Coast Ports strike would spark supply-chain glitches from outset
LOS ANGELES : A threatened Oct. 1 strike by dockworkers at ports on the U.S. East Coast and Gulf of Mexico would immediately disrupt the flow of goods in the country, the North America
New alliance formation intensifies battle between major lines
SINGAPORE : With the container shipping alliance landscape expected to change in less than five months, it is worth examining the current dynamics of the alliances and how they are expected to evolve when
BERG Propulsion contributes to substantial efficiency gains for CMA CGM – Rambow container ship
HONO (SWEDEN) : A collaboration between BERG Propulsion, shipping and logistics group CMA CGM and ship owner Reederei Rambow has proved pivotal in significant efficiency gains for an 868 TEU container vessel, with the
CMA CGM ship loses 99 containers in storms off South Africa
SEOUL : A second CMA CGM ship in a month, MV CMA CGM Belem. has suffered a container stack collapse while transiting the Cape of Good Hope in severe weather conditions.l The 13,000 TEUs CMA
CMA CGM applies PCS in Gambia
MARSEILLE : French container carrier CMA CGM has announced a Port Congestion Surcharge (PCS) due to the current congestion in Banjul, Gambia. The surcharge will take effect on 15 August 2024 and 1 September