Shippers and Forwarders Deride CMA CGM’s Rate Cap as ‘High Level Torture’
By Nick Savvides and Mike Wackett (The Loadstar) – Freight forwarders and shippers have responded to CMA CGM’s pledge to stop spot rate increases
gCaptain’s full coverage of French container shipping group CMA CGM.
By Nick Savvides and Mike Wackett (The Loadstar) – Freight forwarders and shippers have responded to CMA CGM’s pledge to stop spot rate increases
French shipping giant CMA CGM, the world’s number 3 ocean carrier by capacity, says it will stop increasing spot charter rates effectively immediately
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
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
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
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
by Gus Trompiz (Reuters) – French container shipping group CMA CGM is pursuing a plan to rebuild Beirut’s port within three years, despite
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.
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
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
PARIS, March 12 (Reuters) – Container shipping group CMA CGM said on Friday that it expected activity to remain strong in the first half of
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
PARIS, Feb 12 (Reuters) – Shipping group CMA CGM on Friday announced the creation of an air freight division, backed by the acquisition of four
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
By Gavin van Marle (The Loadstar) – CMA CGM appears to be set to close its transpacific express container shipping service, after worsening congestion
By Tom Daly Dec 11 (Reuters) – CMA-CGM, the world’s fourth-largest container shipping line, has told customers it will not take bookings
PARIS, Nov 20 (Reuters) – Container shipping group CMA CGM said on Friday shipping activity remained strong in the final quarter of 2020 after a
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
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
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
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