cma-cgm
CMA CGM said on 23 October that its agreement to take over Containerships owner Container Finance, signed in June, has been accepted unconditionally by all relevant competition authorities. The deal is expected to be completed on 31 October.
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CEVA Logistics and CMA CGM say they will broaden their strategic partnership and sign a new relationship agreement. It follows the shipping line’s decision to take a stake of up to a third in the logistics company and the rejection of a rival offer from competitor DSV.
The partners said the ...
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Shipping line CMA CGM is increasing in its shareholding in logistics specialist Ceva, with the latter rejecting an advance by rival logistics firm DSV. CMA CGM announced that it would take a 25% share in Ceva Logistics in April, a deal which also allowed it to nominate two members to ...
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CMA CGM has started building work on its new multi-temperature warehouse at DP World London Gateway.
The shipping line’s vice president specialised products Eric Legros, and inland business development manager Jean Vanmalle joined DP World executives for a ground-breaking ceremony at the port’s Logistics Park.
CMA CGM has taken a long-term lease ...
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CMA CGM has joined Maersk Line in imposing a sulphur surcharge. It says that the additional levy of about $160 per teu is necessary to pay for the increased costs of using higher grades of fuel oil and to invest in new technologies such as gas-powered ships or exhaust scrubbers.
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Shipping line CMA CGM has unveiled a new active controlled atmosphere technology for the transportation of highly sensitive fruits and vegetables at the Asia Fruit Logistica fair. Climactive reduces the level of oxygen inside the container much faster and reaches the optimal level of oxygen and CO2 more rapidly thanks ...
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CMA CGM has obtained all regulatory approvals for its plan to take a 25% share in Ceva Logistics. The shipping line has agreed not to increase its shareholding in the logistics firm for six months following the purchase. Both companies will now work together to expand their commercial cooperation and ...
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Jacques Saade, founding president of the CMA CGM shipping group, has died at the age of 81. After having left Lebanon to protect his family during the civil war, he founded the Compagnie Maritime d’Affretement (CMA) in 1978 with four employees, a single ship and a single service between Marseilles ...
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CMA CGM Group is to acquire Container Finance, owner of Finnish-headquartered intra-European shipping operator, Containerships, subject to regulatory approval.
Founded in 1966, Containerships has a strong presence in the Baltics, Russia, Northern Europe, North Africa and Turkey. With a workforce of 560 people, it also offers services by truck, rail and ...
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CMA CGM has reached an agreement to acquire a stake of nearly 25% in Ceva Logistics for between 380 and 450 million Swiss francs £276m-327.5m). The shipping line said it aimed to grow its presence in the logistics sector, a business closely related to shipping.
Closing of the transaction remains subject ...
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