7.2 C
Hamburg
Wednesday, March 26, 2025
Home News Container Finance - CMA CGM agreement accepted

Container Finance – CMA CGM agreement accepted

The combination agreement between Container Finance Ltd Oy and CMA CGM, signed on 20.6.2018, has been accepted unconditionally by all relevant competition authorities on 22.10.2018.

The combination is estimated to take place on 31.10.2018. Upon closing the agreement, Container Finance’s entire container logistics operations including Containerships plc, Multi-link Terminals Ltd and CD Holding Oy will integrate to CMA CGM’s intra-regional market offering in Europe and Mediterranean area.

The combination will not affect the rights of Containerships’ bond holders.





Latest Posts

DP World, Reliance Industries team up on innovative rail solution

DP World and India’s Reliance Industries have partnered to launch an innovative logistics solution for the petrochemicals industry, shifting product transport from road to...

Maersk and Port of NY&NJ reach lease extension deal for APM Terminals Elizabeth

Maersk and the Port Authority of New York and New Jersey (PANYNJ) have agreed to extend APM Terminals Elizabeth's lease through December 2062. The deal...

Noatum Maritime receives first LNG-powered vessel for United Global Ro-Ro JV

Noatum Maritime, part of AD Ports Group’s Maritime & Shipping Cluster, has received its first LNG-powered Pure Car and Truck Carrier (PCTC) Ro-Ro vessel,...

The Green Gamble: Navigating Risks and Opportunities in Sustainable Ship Financing

Reed Smith, in partnership with DNV Maritime Advisory, organized "The Green Gamble: Balancing Risks and Opportunities in Shipping Investments" seminar at their London office. This...

5 Best Sites to Buy Spotify Saves (Real & Cheap)

The decision to buy Spotify saves can really make a big difference to your music’s visibility and reputation on the platform.  From personal experience, SidesMedia...
error: Content is protected !!