CMA-CGM

Shipping Firm CMA CGM To Cut Price For French Retailers

Shipping firm CMA CGM will lower container shipping rates by about 10% for large retailers in France to support government steps to curb inflation, it said...

CMA CGM Sees Strong Shipping Rebound After Coronavirus Storm

Container shipping group CMA CGM has reported higher second-quarter profits and said it expects results to improve again in the current quarter, as the shi...

Shipping Group CMA CGM's Founder Jacques Saade Dies At 81

Jacques Saade, the Lebanese immigrant who founded French shipbuilding firm CMA CGM and oversaw its rise to become a leading player in its global sector, di...

CMA CGM Names Rodolphe Saade As Chairman Amid Industry Recovery

CMA CGM Group, the world’s third-largest container shipping company, has given Chief Executive Officer Rodolphe Saade the additional role of chairman...

CMA CGM Bonds Drop to Record as Weak Freight Rates Lower Profits

CMA CGM SA bonds hit a record low after the container-shipping line’s quarterly profit plunged on weak freight rates. The company’s 725 mill...

CMA CGM Forms Container Terminal Venture With PSA In Singapore

PSA International Pte., the world’s biggest container terminal operator, will form a venture with CMA CGM SA to operate four berths in its home base...

New Maritime Service Will Connect Spain And Northern Europe

German shipping firm Oldenburg-Portugiesische Dampfschiffs-Rhederei (OPDR) has inaugurated its new service, 'CAVA', which will connect Spanish ports with t...

CMA CGM Offers $2.4 Billion to Take Over Neptune Orient

CMA CGM SA offered to buy Singapore’s Neptune Orient Lines Ltd. for S$3.38 billion ($2.4 billion), creating a container shipping line with stronger A...

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