CMA CGM is cementing its move into air cargo with an order for two new Boeing 777 freighters.

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 is slapping a hefty surcharge on reefers for shipments to Yantian as congestion continues and container freight rates soar.

CMA CGM has opted to install the HydroPen container firefighting system on 85 of its vessels.

The 15,000-teu CMA CGM Argentina became the largest container ship to call at the Port of Miami earlier this week.

“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.

Shipping group CMA CGM has purchased four freighter aircraft on the creation of its new specialised air freight division to strengthen the group’s transport and logistics business.

CMA CGM is operate and manage a new terminal in the Port of Alexandria, Egypt.