The Business Times
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CMA CGM

Global Enterprise

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

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

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

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.
Global Enterprise

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

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.
Transport & Logistics

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

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

Shipping giant CMA CGM reports solid volumes, sees rates peaking

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

CMA CGM says its ship lost 44 containers in tough weather

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

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

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.
Transport & Logistics

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

“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.
Transport & Logistics

CMA CGM says ship transited Red Sea under French naval escort

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

CMA CGM to buy UK logistics firm Wincanton in grocery push

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