Firm Takes Delivery Of Second CMA CGM Saver

Firm Takes Delivery Of Second CMA CGM Saver

Hong Kong-based containership manager and owner Seaspan Corporation has added another 10,000 TEU SAVER design containership to its fleet. The newly built CMA CGM Cochin will commence a fixed rate time charter with French shipping major CMA CGM for a three year...
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CMA CGM Confirms Investment In CEVA Logistics

CMA CGM Confirms Investment In CEVA Logistics

CMA CGM on Thursday confirmed its investment in CEVA Logistics, a global leading player in the logistics sector, on the occasion of CEVA’s initial public offering (IPO).   According to CMA CGM, “”This investment will take the form of convertible...
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CMA CGM to Operate Lekki Port’s Container Terminal

CMA CGM to Operate Lekki Port’s Container Terminal

French container shipping giant CMA CGM and Lekki Port LFTZ Enterprise have signed a Memorandum of Agreement to operate Lekki Port’s future container terminal. CMA CGM, through its subsidiary CMA Terminals, will be responsible for marketing, operations an...
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CMA CGM, Seatrade to Restructure VSA

CMA CGM, Seatrade to Restructure VSA

French container shipping giant CMA CGM Group and specialised reefer transporter Seatrade Group have decided to restructure the vessel sharing agreement (VSA) reached earlier this year. Under the VSA, unveiled in July 2017, the companies intended to link Nor...
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CMA CGM places order for nine 22,000 TEU ships

CMA CGM places order for nine 22,000 TEU ships

 French container shipping major CMA CGM has confirmed the order for nine 22,000 TEU containerships while releasing results for the second quarter of 2017. “In order to keep pace with market growth and the group’s needs, the Board of Directors...
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CMA CGM to sell majority stake in GGS terminal

CMA CGM to sell majority stake in GGS terminal

French shipping major CMA CGM has signed a binding agreement for the sale of a 90% equity interest in Global Gateway South terminal in Los Angeles (USA). Under the agreement signed with EQT Infrastructure III and its partner P5 Infrastructure on July...
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