Tag: CMA CGM

Shipping Giants Extend OCEAN Alliance Deal
February 28, 2024 No Responses

Shipping Giants Extend OCEAN Alliance Deal

CMA CGM, COSCO SHIPPING, Evergreen and Orient Overseas Container Line (OOCL), the founding members of the world’s largest shipping network, have signed a Memorandum of Understanding (MoU) in Shanghai to extend the OCEAN Alliance operational cooperation for five additional years until 2032....
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Lekki Seaport To Receive First LNG-Powered Boxship January 28
January 25, 2024 No Responses

Lekki Seaport To Receive First LNG-Powered Boxship January 28

CMA CGM Scandola, the first LNG-powered containership of the French shipping company, CMA CGM is scheduled to arrive Lekki Seaport, Lagos, Nigeria, January 28, 2024. Before reaching Lekki, the vessel is scheduled to first call the port of Tema, Ghana...
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Shipping Firms Stop Red Sea Routes After Attacks
December 17, 2023 No Responses

Shipping Firms Stop Red Sea Routes After Attacks

The world’s largest shipping group, Mediterranean Shipping Company (MSC), has announced it is diverting its ships away from the Red Sea because of an increased threat of attacks. French company CMA CGM took a similar step a day after Danish...
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Firm Welcomes LNG-Powered Containership
December 10, 2023 No Responses

Firm Welcomes LNG-Powered Containership

Chinese shipbuilder, Hudong-Zhonghua has delivered 13,000 TEU LNG-powered containership CMA CGM Bahia to French shipping giant CMA CGM Group. The ship has a total length of 336 meters, a width of 51 meters, a depth of 26.8 me...
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CMA CGM Votes $600m For New Terminal
October 15, 2023 No Responses

CMA CGM Votes $600m For New Terminal

French shipping major CMA CGM has revealed the names of its new terminals in the United States as the company embarks upon a $600 million upgrade at “Port Liberty New York” and “Port Liberty Bayonne”. The terminals were acquired by...
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Lekki Deep Seaport Receives First Transshipment Vessel
June 30, 2023 No Responses

Lekki Deep Seaport Receives First Transshipment Vessel

Lekki Deep Seaport, on Thursday, announced the arrival of the first transshipment vessel to call at the container terminal of the port.  In a statement, Lekki Deep Seaport explained that the vessel, Rimbaud, owned by CMA CGM shipping compan...
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CMA CGM Unveils Agenda To Offset Carbon Emissions 
October 1, 2022 No Responses

CMA CGM Unveils Agenda To Offset Carbon Emissions 

French container and logistics company CMA CGM Group has launched ‘TEUs to Trees’, an early container return incentive program designed to increase climate change mitigation in the United States while assisting in the overall effort to improve both the flu...
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CMA CGM Orders Biogas-Powered Containership Fleet
September 25, 2022 No Responses

CMA CGM Orders Biogas-Powered Containership Fleet

French container shipping and logistics major CMA CGM has ordered seven containerships powered by biogas that will serve the French West Indies. The order was unveiled by Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group, during ...
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LNG Bunkering: CMA CGM Conducts First Operation In Spain
May 29, 2022 No Responses

LNG Bunkering: CMA CGM Conducts First Operation In Spain

French shipping major, CMA CGM has carried out its first Liquefied Natural Gas (LNG) bunkering operation in Spain together with energy companies Enagás and Repsol.  According to World Maritime News, it was the first pipe-to-ship LNG bunkering operation o...
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CMA CGM Adds 62 Ships, Reports $5.6b Profit
November 24, 2021 No Responses

CMA CGM Adds 62 Ships, Reports $5.6b Profit

For the third quarter (Q3) of 2021, French container shipping and logistics giant,  CMA CGM attained $5.6 billion income, compared to $567 million recorded in Q3 2020. Meanwhile, a total of ten new owned vessels and three new 15,000 TEU chartered...
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CMA CGM, Airbus Seal Four Aircraft Deal
November 20, 2021 No Responses

CMA CGM, Airbus Seal Four Aircraft Deal

Shipping and logistics firm, CMA CGM Group, and Airbus have signed a binding Memorandum of Understanding (MoU) for the purchase of four A350F freighter aircraft.    According to Airbus, the order, which is subject to finalisation in the com...
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CMA CGM Records $10.7 b Revenue In Q1
June 8, 2021 No Responses

CMA CGM Records $10.7 b Revenue In Q1

French container shipping major CMA CGM closed the first quarter of this year with strong earnings growth.  The company’s net income increased to $2.1 billion in Q1 2021 from $48 million seen in Q1 2020.  EBITDA came in at $3.2...
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CMA CGM Seals Order For 22 Containership
May 1, 2021 No Responses

CMA CGM Seals Order For 22 Containership

French liner major CMA CGM has ordered the construction of 22 containerships worth around $2.3bn, making the deal the largest single containership order in China’s shipbuilding history.  The orders are spread across three Chinese shipbuilders,  Jia...
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CMA CGM Air Cargo Operates First Full-Freight Flight
March 16, 2021 No Responses

CMA CGM Air Cargo Operates First Full-Freight Flight

The management of CMA CGM AIR CARGO, on 13 March, 2021 successfully operated its first full-freight flight between Liège and Chicago.  The company in statement on Monday explained that CMA CGM Group has chosen ECS Group as its exclusive GSA...
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