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During the second quarter of 2020, the CMA CGM Group posted positive net income, Group share of $136 million, up sharply, compared with a loss of $109 million during the second quarter of 2019, and a benefit of $48 million during the first quarter of 2020.

CMA CGM reports 26% YoY EBITDA increase in Apr-Jun quarter

7 Sept 2020 10:39 AM IST

September 7, 2020: The French shipping & logistics company CMA CGM announced the second quarter financial results for 2020 with $7 billion revenue,...

Prior to taking on this position, Mahajan has served as the chief financial officer of CEVA Logistics India and chief operating officer of LCL Logistix.

CMA CGM appoints Atit Mahajan as its new MD in India

20 Aug 2020 4:24 PM IST

August 20, 2020: CMA CGM has announced the appointment of Atit Mahajan as the new managing director for CMA CGM India.

The shipping company also informed that the surcharge may come back later as per its formula.

CMA CGM scraps low sulphur surcharge as VLSFO prices fall

4 Aug 2020 12:15 PM IST

August 4, 2020: In a notice to customers CMA CGM informed that it is scrapping its low sulphur surcharge from September 1, 2020, taking into...

The new rates include the basic ocean freight and the Bunker-related surcharges other than LSS.

CMA CGM increases Freight All Kinds rates from Asia to Mediterranean

30 July 2020 3:15 PM IST

July 30, 2020: CMA CGM announced additional surcharges for Freight All Kinds rates from all out ports in Asia to the Mediterranean regions including...

Revised port rotation: Qingdao - Shanghai - Ningbo - Singapore - Nhava Sheva - Mundra - Port Qasim - Karachi - Singapore %u2013 Qingdao.

CMA CGM reorganises AS1 service by connecting Nhava Sheva

17 July 2020 4:33 PM IST

July 17, 2020: The French Shipping line CMA CGM has announced the reorganization of its weekly AS1 service now connecting North & Central China with...

The current CMA CGM regional office and Neptune Orient Lines will be redesigned as a major regional hub from October 1, 2020, as CMA CGM Asia Pacific Limited.

CMA CGM Group reinforces Singapore as its Asia-Pacific regional hub

7 July 2020 2:33 AM IST

July 7, 2020: The French shipping and logistics company CMA CGM Group announced the reinforcement of Singapore as its Asia-Pacific regional hub from...