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Tag: CMA CGM Group

CMA CGM nears US$20 billion in third-quarter revenue, reduces net debt

The board of directors of the CMA CGM Group met under the chairmanship of Rodolphe Saadé, the company's chairman and chief executive officer, in...

CMA CGM joins €2 billion hydrogen infrastructure fund

French shipping company CMA CGM Group is a new investor in €2 billion (US$1.95 billion) clean hydrogen infrastructure fund. Hy24, the joint-venture between FiveT Hydrogen,...

CMA CGM creates US$1.5 billion special fund to accelerate shipping decarbonisation

CMA CGM has launched a Special Fund for Energies, backed by a five-year budget of US$1.5 billion, to accelerate its energy transition and achieve...

Rodolphe Saadé expects shipping demand downturn, while CMA CGM reports another profit jump

French container carrier CMA CGM has announced huge year-on-year increases in its financial figures for the second quarter of the year, reporting a net...

CMA CGM and Infinity announce new train service and open container depot in Malaysia

CMA CGM Group, in partnership with Infinity Logistics and Transport Ventures (Infinity), flagged off a weekly Penang-Padang Besar block train service and officially opened...

CMA CGM recaps TMX services product

Following the launch of TMX 1.2 service from Turkey in Week 23, CMA CGM Short Sea Lines SSL Division has published a recap of...

CMA CGM unveils new rail services in China

CMA CGM has announced eight new rail solutions with block trains in the Chinese provinces of Hunan, Sichuan, Hainan and Guangong for a capacity...

CMA CGM and ENGIE to invest in second generation biomethane

CMA CGM Group and ENGIE plan to co-invest in the Salamander project, the first industrial and commercial unit for the production of second generation...

Shell and CMA CGM ink LNG and decarbonisation deals

London-based multinational oil and gas company Shell and French container carrier CMA CGM Group have signed agreements to work together to accelerate decarbonisation process...

CMA CGM and MPA Singapore sign collaboration agreement

CMA CGM Group has signed a Memorandum of Understanding (MOU) with the Maritime and Port Authority of Singapore (MPA) to jointly develop capabilities and...
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Iran’s shipping industry poised for revival as nuclear deal talks resurface

The potential revival of a nuclear agreement between Iran and the United States is raising hopes for a long-awaited resurgence in Iran’s shipping industry. ...

Deals with DP World and CMA CGM mark Syria’s return to global trade map

The Syrian government has entered into a landmark US$800 million memorandum of understanding with Dubai-based port operator DP World to transform the Port of...

Shippers wary of market manipulation via capacity management

A flood of new tonnage in the early part of this year suggests container rates will inevitably head into decline, but a series of...
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