CEVA Logistics board has recommended its shareholders do not accept a public tender by CMA CGM for the shares in the company it does not already own.

The member container lines of the Ocean Alliance have extended their cooperation until 2027.

Lars Kastrup is the new ceo of APL taking over from Nicholas Sartini who move to be deputy ceo of CMA CGM’s logistics foray CEVA Logistics.

A Chinese general cargo vessel sank in the waters south of Hong Kong after it collided with a 9,415-teu CMA CGM boxship in the early hours of Monday, news reports said.

Finland’s Containerships, a subsidiary of CMA CGM, has taken delivery of its first LNG-powered vessel.

APL’s intra-Asian container shipping business is being merged under the CNC brand, but with the management of the Taiwan headquartered-line shifted to Singapore.

France’s CMA CGM has inked an agreement with Freightos to advance digitalisation in shipping, making CMA CGM becoming the first ocean carrier listed on Freightos’ online freight marketplace.

As CMA CGM makes a public tender for outstanding shares in CEVA Logistics it does not own, it was announced the Swiss headquartered firm will acquire CMA CGM Log, and Nicolas Sartini would join as deputy ceo from APL.

AP Moller-Maersk, CMA CGM, Ocean Network Express (ONE), Hapag-Lloyd and MSC have joined hands to form a new container shipping association to pave the way for digitalisation, standardisation and interoperability in the container shipping industry.

CMA CGM and its 33% owned CEVA Logistics have widened their cooperation by entering into a reinforced industrial project.