News

Container shipping giants CMA CGM and Maersk said on Tuesday they will cooperate in efforts to reduce emissions in the sector, including by supporting the use of methanol and aiding research into ...
French container-shipping major CMA CGM is pursuing a $1.65 billion deal for full control of Swiss-based Ceva Logistics AG in an effort to add revenue streams from freight logistics to its core ...
On June 23, CMA CGM also plans to do a single Suez Canal voyage via its Far East-to-Mediterranean MEX service, when the 16,000-TEU CMA CGM Jules Verne leaves eastbound from Jeddah.
French shipping group CMA CGM agreed to buy a 48% stake in Brazilian port terminal operator Santos Brasil Participacoes for 6.33 billion Brazilian reais ($1.15 billion) and outlined plans to ...
CMA CGM expects its profit to ease further for the rest of the year after a first-quarter decline, as an uncertain economy and influx of new vessels cool the container shipping market after a ...
Maritime transport giant CMA CGM SA has entered exclusive talks to buy Bolloré SE’s logistics arm for an enterprise value of 5 billion euros ($5.5 billion).
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 ...
CMA CGM Group is partnering with Saigon Newport Corp. to develop a new deepwater container complex in Haiphong, northern Vietnam. The agreement covers the design, construction and operation of the ...
Ocean carriers like CMA CGM, Maersk, Mediterranean Shipping Company (MSC) and China's Cosco Shipping could all see fees of up to $1.5 million per port stop if the administration goes through with ...
Ed Aldridge, president of CMA CGM America and American President Lines LLC, will retire on Dec. 6, and Peter Levesque, who was previously Ports America Group’s president, will take over those roles, ...
CMA CGM was previously forced to seek a financial restructuring in September 2009 as slumping container volumes pushed the group and other container lines into significant losses.