French shipping giant CMA CGM to keep avoiding Red Sea
French shipping and logistics group CMA CGM will continue to avoid the Red Sea even though it considers the region is more stable following the ceasefire agreement between Israel and Hamas, it said on ...
TradeWinds1d
CMA CGM spends over $150m to snap up five container ships
A fifth vessel, the 2,190-teu Cape Monterey (built 2015), is said to have been purchased from Cape Shipping with a special survey due in April for around $35m. The two deals take CMA CGM’s spending in ...
Ship & Bunker16d
CMA CGM Joins Maersk in Continuing to Reroute Ships Away from Red Sea
French container line CMA CGM has joined Maersk in opting to keep rerouting vessels around the Cape of Good Hope.
Hosted on MSN15d
World's top container shippers not returning to Red Sea for now
The world’s top three container shippers, MSC Mediterranean Shipping, A.P. Møller-Maersk (OTCPK:AMKBY) (OTCPK:AMKBF) and CMA CGM, have said in recent days ... to sail around Africa via the Cape of ...
Syria agrees to new contract with CMA CGM to operate Latakia port container terminal
Syria's General Authority for Land and Sea Ports said on Wednesday that it had agreed to a new contract with French shipping ...
Hosted on MSN2mon
Container Market's ‘Sustained Demand' Banks $2.7 Billion Profit for CMA CGM
CMA CGM is benefiting from increasing container ... rerouting of container ships around southern Africa's Cape of Good Hope in response to the ongoing Red Sea crisis that began last November.