CMA CGM climbs to the top of Schedule Reliability in January 2024
COPENHAGEN : Sea-Intelligence has released the 150th edition of the Global Liner Performance (GLP) report, featuring schedule reliability data up to and including January 2024. Amidst the ongoing Red Sea crisis, global schedule reliability
CMA CGM, Shanghai International Port Group extend Terminal Stevedoring Agreement
SHANGHAI : French shipping company CMA CGM and the terminal operator Shanghai International Port Group (SIPG) jointly held a strategic Terminal Stevedoring Agreement (TSA) extension signing ceremony on 28 February in Shanghai, China. The
CMA CGM and Nike forge agreement for sustainable shipping solutions
MARSEILLE : Nike, a global leader in the apparel and sportswear sector, has recently forged an agreement with French ocean carrier CMA CGM to purchase eco-friendly biofuel for a part of its maritime shipping
CMA CGM, COSCO, Evergreen and OOCL extend OCEAN Alliance to 2032
SHANGHAI : On 27 February, the Chief Executive Officers of the CMA CGM Group, COSCO SHIPPING, Evergreen, and OOCL gathered in Shanghai to sign a Memorandum of Understanding, extending the operational cooperation of the
CMA CGM’s financials declines amid stable container volumes
MARSEILLE : French ocean carrier CMA CGM reported revenues of US$47 billion in 2023, translating to a 36.9% decline compared with 2022 figures, EBITDA of US$9 billion, down by 72.9%, and net income of
CMA CGM gets approval from EC to acquire Bolloré Logistics
MARSEILLE : The European Commission (EC) has approved the proposed acquisition of compatriot transport and logistics firm Bolloré Logistics by French shipping major CMA CGM. The approval is conditional upon full compliance with the
CMA CGM applies new PSS from Europe to India, Middle East Gulf and Red Sea
MARSEILLE : French ocean carrier CMA CGM announced that it will implement the following peak season surcharges, effective from 1 March. For dry cargo from North Europe, Scandinavia, Poland, Baltic, East & West Mediterranean,
CMA CGM says ship transited Red Sea under French naval escort
MARSEILLE : French shipping and transport company CMA CGM said on Tuesday that its Jules Verne container ship transited the Red Sea under French naval escort, after suspending crossings for security risks earlier this