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.
France’s CMA CGM is pulling APL out from its long running transpacific routes and deploying the latter to focus on servicing the US government.
China Merchants Port Holdings announced that the company has completed the initial closing of the proposed acquisition with respect to eight target terminals worth $814.78m.
China Merchants Port and CMA CGM have negotiated and reached formal agreements for the acquisition of a portfolio of stakes in ten port terminals to Terminal Link, the joint venture of the two companies.
CMA CGM intra-Europe line Containerships has taken delivery of its fourth dual-fuel, LNG-powered boxship.
CMA CGM has inked a deal with Total for it to supply LNG for containerships operating between the Med and Asia with bunkering in Marseille and Singapore.