CMA CGM
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.
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...
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...
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...
French billionaire Saade’s wife takes charge of expanding media empire
CMA CGM is poised to control major French TV, radio channels
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...
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...
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.
CMA CGM, Air France-KLM to end cargo tie-up on US regulatory snag
SHIPPING giant CMA CGM and French-Dutch carrier Air France-KLM will end their air cargo alliance after a row over flight slots at Amsterdam airport cast doubt over regulatory approval in the massive U...
Global shipping firms continue to pause Red Sea shipments
DENMARK’S Maersk and German rival Hapag-Lloyd said on Tuesday (Jan 2) that their container ships would continue to avoid the Red Sea route that gives access to the Suez Canal following a weekend attac...
