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CMA CGM buys GEFCO; financials not disclosed

8 April 2022 3:20 PM IST
European Commission has authorised CMA CGM to acquire the capital of GEFCO immediately, pending the final approval.

Electrolux signs deal with Maersk, CMA for using sustainable fuel

23 March 2022 3:49 PM IST
80,000 TEUs will be transported using Maersk’s biofuel and CMA CGM’s solution based on LNG.

CMA CGM completes first ship-to-ship LNG bunkering

15 March 2022 8:49 PM IST
Shanghai International Port Group Company to provide LNG bunkering service for CMA CGM’s vessels for 10 years

Big carriers get significant tonnage tax advantage

15 March 2022 8:41 PM IST
Hapag-Lloyd had a tax benefit of $10.7/TEU, translating to an advantage of $127 million.

All major carriers suspend Russia bookings

2 March 2022 8:34 AM IST
Carriers to accept and screen bookings for essential goods such as food, medical equipment and humanitarian goods.

Ukraine Conflict: Employee safety first, says carriers, logistics cos

25 Feb 2022 10:56 AM IST
Russian invasion of Ukraine, which is getting severe, is fraying the already frayed supply chains

CMA CGM launches SMART containers for refrigerated goods

16 Feb 2022 12:39 PM IST
Benefits include receiving status and conditions of the container in real time along with location & temperature.

CMA CGM moves ahead with integration, buys 51% stake in Colis Privé Group

31 Jan 2022 7:26 PM IST
The CMA CGM Group announced a preliminary agreement to acquire 51 percent stake from the HOPPS Group in the Colis Privé Group, France’s leading player...

CMA CGM buys US-based Ingram Micro CLS for $3bn

9 Dec 2021 12:26 PM IST
French carrier CMA CGM has signed a deal with US-based Ingram Micro to buy most of its commerce & lifestyle activities (CLS) for an enterprise value...

CMA CGM buys Los Angeles terminal Fenix Marine Services for EV of $2.3 bn

3 Nov 2021 7:46 PM IST
French container carrier CMA CGM signed a deal to acquire 90 percent stake in Fenix Marine Services (FMS) terminal in Los Angeles for an enterprise...
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