All CMA CGM articles – Page 4
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Container shipping swaps consolidation for logistics
Global container shipping lines are increasingly moving into the logistics business as they turn their back on large-scale consolidation activity, according to analyst Fitch Ratings.
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WCA hosts 13th annual conference
WCA Projects welcomed 180 attendees for its 13th annual conference at the Hilton Amsterdam Hotel between May 24-26.
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Renee Toh takes on Ceva role
Ceva Logistics has appointed Renee Toh as global head of ocean procurement and trade lane management.
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CMA nears 90 percent stake in Ceva
France-headquartered container shipping line CMA CGM is on course to control 89.47 percent of the shares in Swiss freight forwarder Ceva Logistics following a public tender.
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Service upgrades for container lines
Mediterranean Shipping Company (MSC) and Hapag-Lloyd have made enhancements to their respective Australian services.
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CMA CGM launches Ceva takeover
France-based container shipping giant CMA CGM launched its USD1.65 billion public tender offer for Switzerland-headquartered Ceva Logistics on February 12.
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Woehrel to step down from Marseille Fos
Christine Cabau Woehrel will step down from her position as ceo at Marseille Fos port authority upon completion of her five-year term in March.
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CMA CGM executes Scallywag
CMA CGM has been tasked with shipping a 29-tonne racing yacht from Australia to the USA.
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Ceva rejects CMA CGM's takeover bid
The board of Ceva Logistics recommended that shareholders reject CMA CGM’s latest USD1.67 billion offer to acquire the remaining shares of the Swiss logistics company.
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DSV makes move on Panalpina
Denmark’s DSV has made an offer to acquire Swiss rival Panalpina for approximately CHF170 (USD172) per share.
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Costs set to rise as Sulphur 2020 looms
With the 2020 deadline looming for the IMO’s sulphur cap, the industry is still uncertain about the best path to take for compliance. One thing seems to be assured, however, and that is price hikes for shippers and beneficial cargo owners.
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CEVA and CMA CGM deepen partnership
CEVA Logistics plans to broaden its partnership with CMA CGM through the acquisition of the latter’s freight management business and the provision of an exit option for CEVA shareholders.
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DSV withdraws revised CEVA offer
DSV has withdrawn its revised offer to acquire CEVA Logistics for CHF30 (USD30.06) per share.
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DSV confirms offer to CEVA Logistics was rejected
Denmark’s fast-growing logistics group DSV has issued an official statement confirming that its recent offer to takeover CEVA Logistics was rejected by the CEVA board.
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XLP AGM welcomes record number of attendees
Over 140 delegates from around the world have gathered in Ho Chi Minh City, Vietnam for the XLProjects (XLP) network’s 6th annual general meeting (AGM).
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CMA CGM handles yacht shipment
CMA CGM’s project cargo division has handled the transport of yachts, worth approximately USD14 million, in a single shipment from Australia to Fort Lauderdale, USA.
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Developing a green solution
Three of the marine sector’s major technology companies, WinGD, Wärtsilä and GTT, have agreed to collaborate in making the use of LNG fuel a viable option for ship owners and operators.
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Hapag-Lloyd declines CMA CGM offer
French shipping line CMA CGM has reportedly approached German rival Hapag-Lloyd over a possible non-cash merger.