When More Megaships Arrive, Will the Party Be Over for Ocean Carriers?
By Mike Wackett (The Loadstar) – At least two Asia and Europe loops will need to be closed in the fourth quarter of the year, or sailings blanked, to
gCaptain’s full coverage of French container shipping group CMA CGM.
By Mike Wackett (The Loadstar) – At least two Asia and Europe loops will need to be closed in the fourth quarter of the year, or sailings blanked, to
SHANGHAI, Aug 23 (Reuters) – French shipping group CMA CGM plans to build nine of the world’s largest container ships at two Chinese shipyards, the
By Mike Wackett (The Loadstar) – CMA CGM’s potential order of up to nine 22,000 teu ultra-large container vessels (ULCVs) is sending a message to
CMA CGM is rumored to be on verge of placing a massive order for the construction of up to nine 22,000 TEU containerships, which if built would be the
French shipping company CMA CGM says it has reached a binding agreement with Danish rival Maersk to acquire Mercosul Line, one of the leading carriers in
By Gavin van Marle (TheLoadStar) A dramatic turnaround in the fortunes of recently acquired APL helped French carrier CMA CGM offset a slight
PARIS, May 19 (Reuters) – Container shipping line CMA CGM posted higher first-quarter profits, helped by a turnaround at recently acquired NOL, and gave
PARIS, March 10 (Reuters) – CMA CGM, the world’s third-largest container line, swung back to a net profit in the fourth quarter of last year,
CMA CGM has followed Maersk’s lead, signing a memorandum of understanding (MoU) with the world’s largest e-commerce platform Alibaba. The agreement is for
PARIS, Feb 8 (Reuters) – Container shipping group CMA CGM has promoted Rodolphe Saade to be chief executive officer, succeeding his father and company
PARIS, Feb 1 (Reuters) – Container shipping group CMA CGM has signed an agreement with Total under which the oil and gas major will supply lower emission
The port operating units of French shipping company CMA CGM and China’s COSCO Shipping have signed a Memorandum of Understanding to strengthen their
By Greg Torode (Reuters) Beijing on Friday warned countries against maintaining military ties with Taiwan, after Singaporean armored troop carriers were seized
PARIS, Nov 18 (Reuters) – CMA CGM, the world’s third-largest container shipping company, posted on Friday another net loss in the third quarter as
By Mike Wackett (The Loadstar) – The Ocean Alliance, which next April will be the biggest of the three vessel-sharing alliances, has published its
COPENHAGEN, Oct 26 (Reuters) – Other container shipping firms may join Hanjin Shipping Co Ltd in receivership before the industry emerges from its
ABIDJAN, Sept 20 (Reuters) – CMA CGM will look at opportunities in container shipping triggered by the collapse of South Korea’s Hanjin Shipping,
By Joe Mayes (Bloomberg) — CMA CGM SA bonds hit a record low after the container-shipping line’s quarterly profit plunged on weak freight rates. The
(TheLoadstar) One of the world’s largest boxships is being inspected for any damages following a brief grounding incident in the UK yesterday. The
French container shipping group CMA CGM has taken full control of Singapore’s Neptune Orient Lines after crossing the 90% ownership threshold required to
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