CMA CGM Group has announced it will make a $29.5m investment in Brittany Ferries, including $12m in quasi-equity, to help Brittany Ferries’ post-Covid-19 recovery.
As container freight rates continue to climb to stratospheric levels CMA CGM has made the decision to suspend all spot rate increases until 1 February 2022.
CMA CGM has started terminal operations in Kaohsiung port following a 20-year extension of the lease for the facility.
CMA CGM has been one of the pioneers in using LNG as a marine fuel and the shipowner believes it needs to act now rather than waiting for zero carbon fuels to be developed to meet its future goals on carbon neutrality.
CMA CGM is slapping a hefty surcharge on reefers for shipments to Yantian as congestion continues and container freight rates...
CMA CGM has opted to install the HydroPen container firefighting system on 85 of its vessels.
Continuing its drive to decarbonise its operations CMA CGM is to offer a container shipping service using biomethane as a fuel.
The 15,000-teu CMA CGM Argentina became the largest container ship to call at the Port of Miami earlier this week.
French container line CMA CGM saw a 4% reduction in overall emissions last year compared to 2019.
“We will adapt to the needs of customers, but we will not work for free,” was the message from CMA CGM chairman and ceo Rodolphe Saade, speaking at TPM21.