China’s Hudong-Zhonghau Shipbuilding, a subsidiary of CSSC, has delivered the CMA CGM Bahia on December 7 as the shipyard looks to solidify its leadership in building LNG-fueled containerships.
In AP Moller-Maersk’s much-heralded strategy to offer world class integrated logistics services to shippers, the nay sayers have come out in force, particularly since the boom post-pandemic boom years have ended.
CMA CGM has boosted its foothold in Spain with stakes in two Cosco-operated terminals by acquiring 49% of Cosco Shipping Ports (CSP) Valencia and 38% of CSP Bilbao from TPIH Iberia for an undisclosed sum.