Indian Transport & Logistics

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CMA CGM completes €4.85 billion acquisition of Bollore Logistics

29 Feb 2024 1:30 PM GMT
Bolloré Logistics reported turnover of €7.1bn in 2022 & transported 710K TEUs ocean freight and 390K tonnes air freight

CMA CGM, COSCO, Evergreen & OOCL extend OCEAN Alliance till 2032

27 Feb 2024 9:19 AM GMT
OCEAN Alliance covers 7 major East/West trades & connects Asia to Europe, Mediterranean, Middle East and America

CMA CGM 2023 net income drops 85%

24 Feb 2024 9:23 AM GMT
Revenue from shipping operations dropped 47% to $31.4bn even as volume carried was marginally higher at 21.8mn TEUs

Shipping CEOs join forces to accelerate decarbonisation

1 Dec 2023 2:32 PM GMT
United view at COP28 on concrete regulatory measures for investment conditions critical to accelerate green transition

CMA CGM Q3 net income drops 94%

11 Nov 2023 6:27 AM GMT
Further normalisation of transport and logistics markets; Group maintains operating cost discipline

CMA CGM, Renault, Volvo join forces for new-gen EVs

6 Oct 2023 3:26 PM GMT
CMA CGM signs non-binding LoI with Renault & Volvo to join new company, invest €120mn through PULSE, its energy fund

Maersk, CMA CGM join forces to accelerate decarbonisation

19 Sep 2023 9:58 AM GMT
Maersk & CMA CGM will work together to develop use of alternative greener fuels for container vessel propulsion

CMA CGM builds up terminal footprint with CSP Bilbao and Valencia

8 Jun 2023 9:42 AM GMT
To acquire 49% stake in CSP Valencia & 38% stake in CSP Bilbao, two major port terminals in Spain

CMA CGM Q1 revenue drops 30%

27 May 2023 11:41 AM GMT
Net profit plunges 72% to $2bn on slow demand; first quarter expected to be best quarter of the year

CMA CGM scales up presence in startup ecosystem

13 April 2023 6:03 AM GMT
Two new ZEBOX hubs opening in Manchester and Singapore; Rodolphe Saadé launches ZEBOX Ventures

CMA CGM 2022 revenue up 33% at $74.5bn

4 March 2023 10:10 AM GMT
Group EBITDA increased 44% to $33.3bn, Group share of net income was $24.9bn for 2022

CMA CGM Group launches €200mn call to step up decarbonisation

30 Jan 2023 9:54 AM GMT
Projects financed by CMA CGM Fund for Energies to support innovative solutions for French shipping industry
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