CMA CGM Braced for Weaker Profit Before Demand Pick-Up in 2024
PARIS, July 28 (Reuters) – French shipping group CMA CGM expects container freight demand to improve from next year but the
gCaptain’s full coverage of French container shipping group CMA CGM.
PARIS, July 28 (Reuters) – French shipping group CMA CGM expects container freight demand to improve from next year but the
By Mike Wackett (The Loadstar) – With its huge orderbook of 122 ships, for a capacity of 1.24m teu, CMA CGM is on course to overtake Maersk as the
By Tara Patel (Bloomberg) –The family office of the billionaire Saade shipping clan is rearranging top management as it deals with a pandemic
PARIS, May 26 (Reuters) – CMA CGM expects its profit to ease further for the rest of the year after a first-quarter decline, as an uncertain
By Mike Wackett (The Loadstar) – MSC’s phenomenal growth over the past two years has largely been driven by acquisition of second-hand containerships,
By Silvia Aloisi PARIS, May 8 (Reuters) – French shipping group CMA CGM has committed to buy the logistics operations of family-run conglomerate
CEVA Logistics has signed a 10-year lease agreement with parent company CMA CGM to lease four roll-on, roll-off (RORO) vessels from Eastern Pacific Shipping.
By Tara Patel and Benoit Berthelot (Bloomberg) — Rodolphe Saade, the French billionaire at the helm of shipping giant CMA CGM SA, shows no signs of
By Mike Wackett (The Loadstar) – Led by MSC and CMA CGM, ocean carriers are again scouring the charter and sales and purchase markets for tonnage to
French shipping giant CMA CGM has reportedly signed a shipbuilding order with China State Shipbuilding Corporation for 16 large containerships valued at over
By Samy Adghirni and Tara Patel (Bloomberg) –CMA CGM SA Chief Executive Officer Rodolphe Saade said the world’s third-largest container line has
By Nick Savvides (The Loadstar) – French container carrier CMA CGM, already spreading its wings by entering the air cargo and logistics markets, is
By William Ralston (Bloomberg) — Singapore-based BW LPG goes about its business differently than many shipowners. If during a vessel’s passage it
By Mike Wackett (The Loadstar) – The outlook for ocean carriers is a sharp decline in earnings this year, as average freight rates fall and inflation
By Augustin Turpin and Dina Kartit March 3 (Reuters) – CMA CGM expects the marked slowdown seen in the fourth quarter of 2022 to continue in the
French shipping line CMA CGM has entered into exclusive talks to acquire 100 percent of French shipping company La Méridionale in an effort to strengthen its
By Vinicy Chan, Dinesh Nair and Manuel Baigorri (Bloomberg) — French shipping tycoon Rodolphe Saade is ramping up his hunt for acquisitions, with an eye
By Mike Wackett (The Loadstar) – Ocean carriers are pulling capacity from Chinese export routes and redeploying the ships to more robust tradelanes with
French shipping group CMA CGM will acquire two key container terminals at the Port of New York and New Jersey. The terminals, GCT Bayonne in New Jersey and GCT
By Tara Patel (Bloomberg) — The owners of closely held French shipping giant CMA CGM SA received $3 billion in dividends this year as profits spiked to
Join the 104,732 members that receive our newsletter.
Have a news tip? Let us know.Maritime and offshore news trusted by our 104,732 members delivered daily straight to your inbox.
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up