Friday, June 4, 2021
Shipping

CMA CGM Reports Soaring Profit of $2.1 Billion in First Quarter

French shipping giant CMA CGM, the world’s number three ocean carrier, reported Q1 2021 net profit of $2.1 billion driven by strong demand for consumer goods which is expected to...

June 4, 2021
Total Views: 8017

Thursday, May 20, 2021
cma cgm marco polo
Ports

CMA CGM Marco Polo Becomes Biggest Ship to Dock on East Coast

CMA CGM Marco Polo arrived at the Port of New York and New Jersey Thursday, becoming the largest ship to ever call on the U East Coast. The ship previously...

May 20, 2021
Total Views: 9387

Tuesday, May 11, 2021
CMA CGM ANTOINE DE SAINT EXUPERY
Shipping

Another ‘New Normal’ as Container Rollover Rates Increase

By Gavin van Marle (The Loadstar) – The number of container rollovers at major box ports continued to climb last month, affecting some 39% of all shipments, according to new data from...

May 11, 2021
Total Views: 7111

Friday, April 30, 2021
Shipbuilding

CMA CGM Orders 22 Containerships at CSSC

French container shipping group CMA CGM has announced a new order for 22 ships ranging in size and fuel type. The order was placed with China State Shipbuilding Corporation with...

April 30, 2021
Total Views: 5324

Saturday, April 10, 2021
Site of Beirut blast, at Beirut's port area
Ports

CMA CGM Wants To Rebuild Beirut’s Port

by Gus Trompiz (Reuters) – French container shipping group CMA CGM is pursuing a plan to rebuild Beirut’s port within three years, despite political deadlock in Lebanon that has prevented decisions...

April 10, 2021
Total Views: 6662

Thursday, April 8, 2021
lng bunkering rotterdam
Environment

CMA CGM to Purchase Biomethane Fuel to Help Reduce Well-to-Wake CO2 Emissions

French shipping line CMA CGM says it will purchase 12,000 tonnes of biomethane fuel as part of the company’s plan of becoming carbon neutral by 2050. That’s enough biomethane to...

April 8, 2021
Total Views: 1293

Friday, April 2, 2021
beirut port blast damage
Ports

Germany to Propose Rebuilding Port of Beirut After Chemical Explosion

By John Irish, Joseph Nasr and Ellen Francis PARIS/BERLIN/BEIRUT, April 2 (Reuters) – Germany will next week present a multi-billion-dollar proposal to Lebanese authorities to rebuild the Port of Beirut...

April 2, 2021
Total Views: 2449

Monday, March 15, 2021
Shipping

CMA CGM Sees $2 Billion Turnaround in 2020

By Mike Wackett (The Loadstar) – CMA CGM has posted a net profit of $1.75bn for 2020, following a loss of $229m the year before, and said it was “confident” about the...

March 15, 2021
Total Views: 3106

Friday, March 12, 2021
Shipping

CMA CGM Sees Strong Shipping Market Continuing in First Half

PARIS, March 12 (Reuters) – Container shipping group CMA CGM said on Friday that it expected activity to remain strong in the first half of this year after brisk demand for consumer...

March 12, 2021
Total Views: 3238

Thursday, February 25, 2021
Shipping

CMA CGM to Deploy Six LNG-Powered Containerships on Transpacific

French shipping giant CMA CGM has announced plans to deploy six new LNG-powered containerships dedicated to the China-U.S. market. Group Chairman and CEO Rodolphe Saadé made the announcement at the...

February 25, 2021
Total Views: 1396

Friday, February 12, 2021
cma cgm ship
Shipping

CMA CGM Launches Air Freight Unit in Logistics Push

PARIS, Feb 12 (Reuters) – Shipping group CMA CGM on Friday announced the creation of an air freight division, backed by the acquisition of four cargo planes, as it continues to expand...

February 12, 2021
Total Views: 3007

Friday, February 5, 2021
Shipping

CMA CGM to Expand U.S. Headquarters and Launch Start-Up Incubator in Virginia

French shipping group CMA CGM has announced plans to expand its U.S. headquarters in Norfolk, Virginia and launch a new startup incubator that will focus on developing technologies within the...

February 5, 2021
Total Views: 3418

Wednesday, January 27, 2021
cma cgm containership
Shipping

CMA CGM to Cut Transpacific Premium Service as SoCal Port Congestion Hits On-Time Deliveries

By Gavin van Marle (The Loadstar) – CMA CGM appears to be set to close its transpacific express container shipping service, after worsening congestion at Los Angeles port impacted delivery guarantees. According...

January 27, 2021
Total Views: 2154

Friday, December 11, 2020
cma cgm ship
Shipping

CMA CGM Suspends Cargo Bound for South China Ports in Early 2021

By Tom Daly Dec 11 (Reuters) – CMA-CGM, the world’s fourth-largest container shipping line, has told customers it will not take bookings for cargo due to arrive at ports in southern China...

December 11, 2020
Total Views: 30653

Friday, November 20, 2020
Shipping

CMA CGM Expects Strong Year-End for Container Shipping

PARIS, Nov 20 (Reuters) – Container shipping group CMA CGM said on Friday shipping activity remained strong in the final quarter of 2020 after a rebound from initial coronavirus-related disruption boosted the French...

November 20, 2020
Total Views: 5553

Shipping

CMA CGM Reports Strong Performance Amid Shipping Recovery

French shipping group CMA CGM has reported $567 million in profit in the third quarter of 2020 amid a “marked recovery” in container volumes. CMA CGM’s Board of Directors met...

November 20, 2020
Total Views: 2337

Monday, November 16, 2020
lng bunkering rotterdam
Maritime News

Historic LNG Bunkering Operation Completed in Rotterdam

The LNG-powered CMA CGM Jacques Saadé has marked a new milestone as it completed its first LNG bunkering in Rotterdam. CMA CGM said called the operation the largest LNG bunkering...

November 16, 2020
Total Views: 691

Thursday, November 12, 2020
Maritime News

CMA CGM to Expand LNG-Powered Fleet to 26 Vessels

PARIS, Nov 12 (Reuters) – Container shipping group CMA CGM will expand its use of liquified natural gas (LNG) to 26 vessels, it said on Thursday, as part of efforts...

November 12, 2020
Total Views: 523

Thursday, October 15, 2020
msc ship in port
Maritime News

Shipping Heavyweights Join TradeLens Platform as ‘Foundation Carriers’

Two of the world’s leading global container carriers MSC Mediterranean Shipping Company and CMA CGM are now fully plugged in to the TradeLens blockchain-based platform. The TradeLens platform was jointly...

October 15, 2020
Total Views: 34

Tuesday, October 13, 2020
Maritime News

CMA CGM’s New LNG-Powered Megaship Sets Cargo Record

The world’s first natural gas-powered containership has also just set a new world record for the highest number of full containers loaded on a single vessel. The LNG-powered CMA CGM...

October 13, 2020
Total Views: 232