CMA CGM is acquiring Mercosul Line from Maersk Line, which the latter is selling as part of its approval from Brazilian authorities for its purchase of Hamburg Sud.

France’s CMA CGM shared that it has achieved a 4% reduction in carbon dioxide (CO2) emissions per container transported in 2016, in line with its longer term environmental targets drawn out until 2025.

CMA CGM has launched a second service linking the Middle East, India and southern and western Africa.

The world’s third largest container line CMA CGM reported a first quarter profit of $86m and brought acquisition APL back into the black.

Freight bookings for Asia-Europe services on CMA CGM can now be made through the independent freight agreement and booking platform AgreeFreight.

Indonesia's Tanjung Priok has started receiving mainline calls with the introduction of CMA CGM's first Jakarta-Los Angeles direct service calling at the port earlier this week.

Shipping group CMA CGM and Adani Ports and Special Economic Zone (APSEZ) have signed a joint venture to operate a new container terminal (CT4) at Mundra Port, India, for the next 15 years. 

A consortium of German private equity firm Deutsche Invest Equity Partners, Ivan Savvidis-controlled Belterra Investments and CMA CGM’s Terminal Link will acquire a 67% stake in the port of Thessaloniki for an initial EUR231.9m ($252m), with the...

Greece has received three binding bids for a majority stake in Thessaloniki, its second-largest port, as the state tries to privatise parts of its infrastructure to meet bailout terms.

CMA CGM returned to profitability in the fourth quarter of 2016 despite racking up a $452m loss of the year as a whole.