CMA CGM has completed its acquisition of Containerships after the European Commission authorized the transaction on October 22. The acquisition is part of CMA CGM's strategy aimed at densifying its regional network which began in 2002 with the acquisition of MacAndrews.
News ID: 80271 Publish Date : 2018/11/02
DP World Australia announced the signing of a long-term partnership extension regarding service of CMA CGM Group vessels by DP World Australia at its terminals in Brisbane, Sydney, Melbourne and Fremantle.
News ID: 78786 Publish Date : 2018/04/13
Spanish authorities seized almost six tons of cocaine stashed in boxes on board a container carrier MV Banak while in the Port of Algeciras on November 28, the Spanish Interior Ministry said.
News ID: 77580 Publish Date : 2017/12/07
Total has signed an agreement with CMA CGM to supply LNG for the nine 22,000 teu containerships ordered by the French container line.
News ID: 77565 Publish Date : 2017/12/07
French shipping major CMA CGM completed the sale of a 90 percent equity interest in Global Gateway South terminal (GGS) in Los Angeles on December 1.
News ID: 77544 Publish Date : 2017/12/04
CMA CGM, the world’s third-largest container shipping group, posted a third-quarter net profit of $323 million, up from $219 million in the previous quarter and a $268 million loss a year earlier.
News ID: 77458 Publish Date : 2017/11/25
Jacques Saadé, founder of the shipping company CMA CGM Group, now the world's third largest container company, has resigned as president. His son Rodolphe Saadé becomes CEO of a group.
News ID: 77455 Publish Date : 2017/11/25
CMA CGM recorded a net income of $219 million on revenues of $5.55 billion for the second quarter of 2017, with volumes rising 33.3 percent year-over-year. Volumes carried grew with the integration of APL, the launch of OCEAN ALLIANCE and the industry dynamism, the company said.
News ID: 76315 Publish Date : 2017/09/16
France is set to present a new law on Wednesday banning the production and exploration of oil and natural gas by 2040 on its mainland and overseas territories.
News ID: 76236 Publish Date : 2017/09/12
The Panama Canal today welcomed the largest capacity vessel to ever transit the Expanded Locks, the Neopanamax containership CMA CGM Theodore Roosevelt, which began its voyage from Asia, will be making stops along the U.S. East Coast. The ship has a total TEU allowance (TTA) of 14,855 and measures 365.9 meters in length and 48.2 meters in beam.
News ID: 75880 Publish Date : 2017/08/26
Monaco-based owner, operator and manager of LNG carriers GasLog ended the second quarter of 2017 with more than a doubled profit of USD 6.9 million, compared to USD 3.3 million posted in the same period a year earlier.
News ID: 75560 Publish Date : 2017/08/14
Container line APL has reduced its CO2 emissions by 48% since 2009.
News ID: 75032 Publish Date : 2017/07/18
Chinese and French companies are bidding to help Gambia build up its Atlantic port Banjul to be what industry sources say could be a rival to neighboring Senegal's Dakar.
News ID: 74846 Publish Date : 2017/07/09
Drewry:
The majority of container shipping lines lost money in the first three months of 2017, but higher rates and fast-growing demand will soon show on the bottom line, according to shipping consultancy Drewry.
News ID: 74194 Publish Date : 2017/05/31
Container shipping line CMA CGM posted higher first-quarter profits, helped by a turnaround at recently acquired NOL, and gave an upbeat assessment for the current quarter in another sign that the shipping industry is emerging from a slump.
News ID: 74013 Publish Date : 2017/05/20
Ten port workers were injured when a CMA CGM container vessel collided with a quay crane at Jebel Ali Port, causing it to collapse.
News ID: 73831 Publish Date : 2017/05/09
France's CMA CGM, the world’s third largest container shipping group, has launched a Tehran office. “CMA CGM Group has appointed CMA CGM Pars as its new agency in Iran as of May 1, 2017,” reads a statement published Thursday on the company’s website.
News ID: 73770 Publish Date : 2017/05/06
CMA CGM aims to increase its market share in Indonesia to 20 percent by year-end from the current 13 percent.
News ID: 73591 Publish Date : 2017/04/24
The container ship CMA CGM Fidelio caught fire on 15 nautical miles off Puerto de San Miguel (Ibiza), Spain.
News ID: 73132 Publish Date : 2017/03/26
Rodolphe Saadé is the new chief executive of container shipping line CMA CGM, taking over the role previously held by his 80-year-old father.
News ID: 72205 Publish Date : 2017/02/09