CMA CGM is to split its existing Asia-East Africa (ASEA) service into two services covering Kenya and Tanzania.  

Growth in Asia-Europe, intra-Asia and African trades has helped CMA CGM to a near-trebling of profit to $201m for the third quarter.

CMA CGM will launch a new call on the Swahili service at India’s Nhava Sheva NSCIT Terminal, upgrading the service between Africa and India.

CMA CGM has added a call at Miami on its Amerigo service, allowing for new trade connections between the Western Mediterranean and Mexico.

CMA CGM has reported a $94m profit in the second quarter, down from a $268m profit in the second quarter 2013, where the company recorded $248m of one-off gains from the sale of Terminal Link.

The CMA CGM Maget arrived in Sydney on 22 July ending the first phase of a round the world voyage of 420 bottles of Burgundy wine.

Having been left out in the cold by Maersk Line and Mediterranean Shipping Co (MSC) the best option for CMA CGM could be an alliance with United Arab Shipping Co (UASC) and China Shipping Container Lines (CSCL), believes analyst Alphaliner.

The formation of the 2M agreement between MSC and Maersk answers some of the speculation since the collapse of the P3 alliance last month, but a fresh batch of questions have been created by the recent announcement.

CMA CGM has sealed a deal with India’s Adani Ports and Special Economic Zone (APSEZ) to develop a new container terminal at Mundra port, marking CMA CGM’s first port investment in India.

The first in a series of 28 new, highly advanced vessels under construction for CMA CGM is to begin its maiden voyage from China at the end of this month, on bareboat charter to CIMC.