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Container Market's ‘Sustained Demand' Banks $2.7 Billion Profit for CMA CGM
CMA CGM is benefiting from increasing container volumes and freight rates that have pushed up demand in the wider container market. The France-based ocean carrier saw revenue increase 38.5 percent ...
TradeWinds4d
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 ...
EuropaWire8d
AD Ports Group and CMA CGM Group Strengthen Partnership with New Multipurpose Terminal Venture in Pointe Noire
AD Ports Group and CMA CGM Group have signed a shareholders’ agreement to jointly develop, manage, and operate the New East Mole multipurpose t ...