CMA CGM profit reflects return to pre-pandemic market
The return to pre-pandemic market conditions means that CMA CGM’s net profit has retracted from the soaring heights in 2022. The shipping giant posted a net income of $388 million in the third quarter of...Read more
CMA CGM and Maersk tie up over shipping decarbonisation
CMA CGM and Maersk have taken a joint step towards shipping decarbonisation in full compliance with laws and regulations. Jumping to the top of the queue in shipping’s energy transition, both companies believe the joint...Read more
Is CMA CGM acquisition of Bolloré Logistics a threat to freight forwarders?
Shipping giant CMA CGM has confirmed its plans to acquire transport and logistics operations of Bolloré Logistics. The company said it has granted a put option at the end of a period of exclusive discussions...Read more
CEVA Logistics secures services of four RoRo newbuilds
CEVA Logistics has signed a 10-year lease with its parent company CMA CGM for four of Eastern Pacific Shipping’s LNG dual-fuel hybrid deep-sea vessels. Originally, CEVA is looking to connect its automotive customers with more...Read more
CMA CGM swoops in with a €5 Bn offer for Bolloré Logistics
Shipping giant CMA CGM has put in a bid to Bolloré Group to acquire its transportation and logistics activities held through Bolloré Logistics. The offer is priced at €5 billion, Bolloré Group said, noting that,...Read more
CMA CGM equips the Marco Polo with a windshield
CMA CGM’s Marco Polo has been equipped with a new prototype windshield, to improve her aerodynamics, therefore reducing her fuel consumption and carbon footprint.Read more
Tuas Port opening: should relieve congestion in Pasir Panjang and Jurong
Singapore’s new Tuas Port officially opened today, with three berths being operational. With a planned capacity of 65 million TEUs, it should double the port of Singapore’s capacity by 2040.Read more
CMA CGM transports rail cars on containership
The specialised project cargo division of the french Shipping company CMA CGM, transported two rail cars from China to Canada, via container ship. The rail cars are the first batch of Montreal’s double-decker, stainless steel...Read more
CEVA Logistics buys East Africa focused freight forwarder Spedag Interfreight
CEVA Logistics, a CMA CGM company, has strengthened its position in East Africa with the acquisition of Spedag Interfreight. CEVA purchased the logistics entity from the M+R Spedag Group, a family-owned transport and logistics company...Read more
CMA CGM takes delivery of two Boeing 777 Freighters
French logistics major, CMA CGM, has taken delivery of its first two Boeing 777 Freighters and has also placed a new order for another pair. Read more
CMA CGM joins Jupiter 1000 project as push for low-carbon fuels continues
French logistics and shipping major CMA CGM has made a further step towards transitioning its fleet to new very low-carbon fuel sources. The company has joined partners of the Jupiter 1000 industrial demonstrator project piloted...Read more
CMA CGM acquires compatriot GEFCO
The French shipping and logistics major CMA CGM has acquired GEFCO, the European automotive logistics and multimodal supply chain expert. With the acquisition, CMA CGM boosts the range of logistics services its unit, CEVA Logistics...Read more
CMA CGM expands air freight capacity with four Airbus freighters
The French shipping and logistics major CMA CGM has placed an order for four Airbus A350F, as it takes major steps forward in developing CMA CGM Air Cargo. The order continues the company’s development activities...Read more
Blue Bell ships project cargo on CMA CGM’s liner service
As space on multipurpose vessel continues to be constrained, Blue Bell Shipping turned to CMA CGM’s liner service to ship project cargo from Jebel Ali, UAE to Kurdistan. The freight forwarder’s project team delivered two...Read more
Is there space for project cargo on container ships?
The current market situation has seen a complete reversal of roles between the container shipping segment and the breakbulk and MPP sector. While traditionally container vessels competed for project cargo, nowadays, breakbulk, MPP and even...Read more
CMA CGM boosts air freight tonnage
The French shipping and logistics major CMA CGM has placed an order for two Boeing 777 freighters with Boeing, as it aims to expand its air freight division operations. CMA CGM Group launched its dedicated...Read more
CMA CGM investment to advance Brittany Ferries’ freight business
French shipping giant CMA CGM has reached out a helping hand to its compatriot ferry operator, Brittany Ferries, and advance the latter’s freight business. CMA CGM said on Tuesday that it will make a €25...Read more
CMA CGM caps spot freight rates increase
French shipping giant has put a cap on all spot freight rates as it looks to prioritise its long-term relationship with customers during the current market conditions. CMA CGM noted in its statement it has...Read more