CMA CGM

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

French shipping giant CMA CGM has reported yet another huge quarterly profit, but uncertain economic conditions, normalizing trade flows and a sharp decline in

By Brendan Murray (Bloomberg) — People often want to take photos of Taalke Middents on the container vessels she helps helm through ports and passages

MOSCOW, Nov 22 (Reuters) – Fesco FESH.MM, one of Russia’s largest transportation companies, said on Tuesday it was in

By Tara Patel (Bloomberg) — French shipping billionaire Rodolphe Saade is seeking more media acquisitions after snapping up a regional newspaper and

French shipping giant CMA CGM recently announced a new series of seven containerships powered by biogas to serve the French West Indies. The ships include four

French shipping giant CMA CGM is launching a new incentive program that will give U.S. customers a chance to earn carbon credits for returning containers

(Bloomberg) –Nigeria is betting a deep sea port set to open early next year will help revive an economy grappling with soaring inflation, stagnating

French container shipping giant CMA CGM is setting aside $1.5 billion over the next five years to accelerate the energy transition in shipping and help it

by Sybille de La Hamaide (Reuters) – French transport giant CMA CGM is creating a five-year investment fund of 1.5 billion euros ($1.5 billion) aimed at

PARIS, Sept 2 (Reuters) – Weakening consumer spending is curbing shipping demand and freight rates, transport giant CMA CGM said on Friday as

By Samy Adghirni and Tara Patel (Bloomberg) –French container line giant CMA CGM SA is seeing an across-the-board drop in shipping rates and a

French ocean carrier CMA CGM has announced the deployment of the first buoys that will aid in the protection of endangered North Atlantic right whales from

By Brendan Murray (Bloomberg) — The world’s biggest container lines are on course to post profits in 2022 that will top last year’s record by 73%,

By Tara Patel (Bloomberg) — The billionaire head of shipping giant CMA CGM SA pushed back against a plan by some French lawmakers for a windfall tax on

A CMA CGM-operated mega containership apparently lost an undisclosed number of containers overboard while underway in the Indian Ocean off the coast of

PARIS, June 30 (Reuters) – Shipping line CMA CGM and energy group Engie plan to launch biomethane production in France in 2026 as they look to