The US is launching a multi-national security initiative – Operation Prosperity Guardian – to protect shipping in the Red Sea and the Gulf of Aden from attacks by Houthi militia.

MSC, CMA CGM, Maersk, and Hapag-Lloyd have all paused their vessels transiting the Red Sea and are rerouting via the Cape of Good Hope as Houthi militia step up attacks on commercial shipping.

China’s Hudong-Zhonghau Shipbuilding, a subsidiary of CSSC, has delivered the CMA CGM Bahia on December 7 as the shipyard looks to solidify its leadership in building LNG-fueled containerships.

CMA CGM reported a 94% drop net profit in the third quarter of 2023 as the shipping and logistics industry returned to pre-pandemic conditions.

Two of the world’s largest container lines – Maersk and CMA CGM – have decided to work together on decarbonisation of shipping.

In AP Moller-Maersk’s much-heralded strategy to offer world class integrated logistics services to shippers, the nay sayers have come out in force, particularly since the boom post-pandemic boom years have ended.

Maersk is the fastest growing logistics brand growing 53% according to the latest ranking by Brand Finance.

The 15,000 teu CMA CGM Liberty has become the first LNG-powered containership to call at a Japanese port.

CMA CGM has announced it has withdrawn the name of the company Containerships as it completes integration of the company.

CMA CGM Group announced the appointment of Adeline Franger Chouraqui as Chief Executive Officer of CMA CGM Greater China, as of June 2023.