In the wake of widespread anti-China sentiment throughout India the government is examining a proposal to transfer part-ownership of a container terminal at India's busiest port Mundra, in Gujarat, to a Chinese company.
CMA CGM has made a positive forecast for container shipping trades to continue growing especially on the transpacific, despite a stunted start to the year due to the coronavirus (Covid-19) pandemic.
French carrier CMA CGM has updated that the operational situation in the Lenanese port of Beirut is now back to normal, following a devastating blast last Monday.
HMM is selling a 50% minus one share stake in Total Terminal International Algeciras (TTI Algeciras) to French container line CMA CGM.
At least 100 people are reported dead and 4,000 injured in a massive blast at Beirut port.
CMA CGM is tightening its shipment control procedures as part of the group’s commitment to fight illicit trafficking in protected species.