CMA CGM Creates Air Cargo Division, Buys Four Aircraft

CMA CGM Creates Air Cargo Division, Buys Four Aircraft

CMA CGM has unveiled a decision to create a specialised air freight division, CMA CGM Air Cargo.  The move into air freight is said to strengthen the group’s transport and logistics business.  To support its expansion, the CMA CGM Group...
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Egypt, CMA CGM Seal New Port Terminal Partnership

Egypt, CMA CGM Seal New Port Terminal Partnership

Egyptian authorities have confirmed their intention to enter into a long-term partnership with French shipping major CMA CGM for the operation and management of Pier 55, the Port of Alexandria’s future multi-purpose terminal.  Egypt confirmed its plans ...
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CMA CGM’s LNG-Powered Giant Sets World Record

CMA CGM’s LNG-Powered Giant Sets World Record

The 23,000 TEU CMA CGM Jacques Saade, the world’s largest LNG-powered containership, has set a world record for the number of full containers loaded on a single vessel.   On its departure from Singapore on 12 October, the new flagship of...
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CMA CGM confirms cyber attack

CMA CGM confirms cyber attack

French liner major CMA CGM has confirmed to Offshore Energy-Green Marine that it was currently dealing with a cyber-attack impacting peripheral servers. The attack does not include CEVA Logistics.  “As soon as the security breach was detected, external ...
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CMA CGM Suspends Shipping Surcharge

CMA CGM Suspends Shipping Surcharge

The French Container Transportation and Shipping Company, CMA CGM, has announced suspension of the application of peak season surcharge on ships calling in Nigeria from October 1, 2020.Mrs Rakiya Zubairu, Head, Public Relations, Nigerian Shippers’ Council (N...
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CMA CGM Declares $7b Revenue In Q2

CMA CGM Declares $7b Revenue In Q2

For the second quarter of 2020, French container shipping major, CMA CGM improved profitability in all its business activities despite challenges related to COVID-19.  The company posted a net income of $136 million in Q2 2020, up sharply compared with...
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CMA CGM To Take Delivery Of world’s Largest LNG-Powered Vessel

CMA CGM To Take Delivery Of world’s Largest LNG-Powered Vessel

French shipping group, CMA CGM is to take delivery of its first ultra large LNG-powered containership following completion of the vessels’ gas trials.  The CMA CGM Jacques Saade returned to the Shanghai Jiangnan-Changxing Shipyard, a part of China’s H...
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Shippers’ Council Decries Indiscriminate Charges By Shipping Firms

Shippers’ Council Decries Indiscriminate Charges By Shipping Firms

The Management of Nigerian Shippers’ Council (NSC) on Wednesday described as ‘unreasonable and unacceptable the indiscriminate’ high surcharges by multinational shipping firms on Nigerian-bound cargoes.   The Executive Secretary of NSC, Mr Hassan Bello,...
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CMA CGM Resumes Calls To Beirut

CMA CGM Resumes Calls To Beirut

As the operational situation in the Port of Beirut is now back to normal again, French shipping major CMA CGM has resumed calls to this port.  “Damages to Beirut terminal being less serious than what could be expected after the...
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Customs Impounds 1.5 Tonnes Of Cocaine   On CMA CGM Boxship

Customs Impounds 1.5 Tonnes Of Cocaine On CMA CGM Boxship

Germany’s customs and police officers have seized around 1.5 tonnes of cocaine discovered on board a container vessel at the Port of Hamburg, a spokesperson for the Customs Office in Hamburg confirmed to Offshore Energy. The cocaine was hidden in “bags...
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CMA CGM Acquires 50 Per Cent Stake In Container Terminal

CMA CGM Acquires 50 Per Cent Stake In Container Terminal

South Korean shipping major, HMM has signed a sales and purchase agreement with French counterpart, CMA CGM for the sale of its 50 per cent stake minus one share in Total Terminal International Algeciras (TTI Algeciras), a container terminal in...
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Beirut Explosion: CMA CGM Staff Missing, Several Injured

Beirut Explosion: CMA CGM Staff Missing, Several Injured

French container shipping company, CMA CGM, which has deep roots in Lebanon, has launched an emergency plan to conduct a thorough health and safety assessment of its 261 staff members based in Beirut, following the deadly explosion that wreaked havoc...
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CMA CGM Introduces New Rules To Prevent Trafficking

CMA CGM Introduces New Rules To Prevent Trafficking

French container shipping major CMA CGM has unveiled new steps to fight illicit trafficking in protected species and said it is tightening its shipment control procedures. The shipping and logistics group is reinforcing its procedures for shipping protected sp...
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CMA CGM Declares $48m Income In Q1

CMA CGM Declares $48m Income In Q1

Despite challenges caused by the coronavirus pandemic, French container shipping major CMA CGM closed the first quarter of this year with a positive net result. The company saw a net income of $48 million in Q1 2020, an increase of...
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