CMA CGM

Oil and gas majors and traders suspend shipments via Hormuz: sources

Vessel traffic through the strait has not completely stopped but disruptions are building rapidly

Renault has shut down its car-sharing services, as part of restructuring its Mobilize division which is focused on new transport solutions.

Renault to take full ownership of electric-van joint venture Flexis

Deal will become effective by end of H1 2026, as CEO Francois Provost accelerates efforts to streamline operations

Any move by CMA CGM would be in keeping with Saade’s fast-paced acquisitions spree in recent years that has included expansion in shipping operations, ports, logistics and media.

Li Ka-shing ports sale draws interest from CMA CGM owner Saade family

[PARIS] Shipping giant CMA CGM is angling to be part of a mega-deal that would see the sale of dozens of ports owned by billionaire Li Ka-shing’s CK Hutchison Holdings.

Under the agreement, CMA CGM would buy some 215 million shares and nearly 40 million Global Depositary Receipts of Santos Brasil from Brazilian asset manager Opportunity for 15.30 reais each.

CMA CGM buys 48% of port terminal company Santos Brasil, to launch takeover bid

FRENCH shipping giant CMA CGM plans to launch a full takeover bid for port terminal operator Santos Brasil after it agreed to buy a 48 per cent stake in the company, it said on Monday (Sep 23) as it f...

CMA CGM has experienced 10 per cent growth in Chinese exports to the US – twice last year’s rate.

Shipping giant CMA CGM reports solid volumes, sees rates peaking

CMA CGM, the world’s third-largest container carrier, reported a second-quarter jump in cargo volumes and signalled freight rates have probably peaked for now despite bottlenecks at Mediterranean port...

The ship was traveling westbound from Asia to Europe when it encountered “unexpectedly strong adverse weather conditions”, CMA CGM said.

CMA CGM says its ship lost 44 containers in tough weather

FRENCH shipping and logistics company CMA CGM said on Thursday (Jul 11) that its ship “Benjamin Franklin” had lost 44 containers in difficult weather conditions off the coast of South Africa on Tuesda...

CMA CGM CEO Rodolphe Saade (right) and his wife president of Whynot media Veronique Albertini-Saade.

French billionaire Saade’s wife takes charge of expanding media empire

CMA CGM is poised to control major French TV, radio channels

With CMA-CGM’s acquisition of a 10 per cent stake in the E-van business, Renault and Volvo’s share will be reduced to 45 per cent each.

French shipper CMA CGM acquires 10% of Volvo-Renault electric van business

FRANCE’S CMA CGM has acquired a 10 per cent stake in the Flexis electric van venture set up by Renault and Volvo Group, the companies said on Wednesday (Apr 3), as the shipper expands further into the...

“In coordination with French naval forces, the CMA CGM Jules Verne transited the Red Sea without incident, escorted by the frigate Alsace,” CMA CGM says.

CMA CGM says ship transited Red Sea under French naval escort

FRENCH shipping and transport company CMA CGM said on Tuesday (Feb 20) that its Jules Verne container ship transited the Red Sea under French naval escort, after suspending crossings for security risk...

Wincanton says its board intends to unanimously recommend that its shareholders vote in favour of CMA CGM’s bid.

CMA CGM to buy UK logistics firm Wincanton in grocery push

FRENCH shipping firm CMA CGM is set to buy British logistics firm Wincanton in a deal worth about US$700 million that will take CMA CGM’s recent push in logistics to the UK supermarket sector.