cma-cgm
Shipping line CMA CGM has finalised its financial restructuring launched about a year ago, including an agreement with its banks on its debt restructuring. The French Fonds Stratégique d’Investissement will subscribe to bonds giving right to a 6% stake in CMA CGM upon conversion, while the Turkish Yildirim Group will have bonds equivalent to a 4% stake in the line. The sale of 49% of the Terminal Link subsidary to ...
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Container shipping line CMA CGM has agreed to sell its 49% of its share of its Terminal Link subsidiary to China Merchants Holdings (International) Company for €400 million. Terminal Link has a network of 15 terminals on key international shipping routeand provides stevedoring, storage and other container-handling activities to the ...
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The world’s largest containership, the 16,000teu CMA CGM , began its maiden voyage on 7 November. The Korean-built, British-flagged giant has gone into service on CMA CGM’s FAL 1 service from Ningbo in China and is due to arrive in Southampton on 10 December.
The ship is the first of a ...
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Senior executives at French shipping operator CMA CGM Group told officials in Ivory Coast that they were interested in tendering for the construction of a second port terminal at Abidjan recently. CMA CGM does not intend to participate in this project alone but will invest as part of a consortium ...
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Maersk Line has resumed bookings from North Europe to Asia following the suspension introduced on 23 March due to a spate of cancelled vessels following Chinese New Year. However, the carrier has also announced a general rate increase of $300 per teu and is also levying a $300 per box ...
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