Oman's Asyad Group and France's CMA CGM Group have signed a framework agreement to develop, manage and operate a multipurpose logistics terminal in Sohar, establishing a strategic partnership aimed at boosting maritime connectivity and opening new regional trade corridors.The agreement, signed during the official visit of Sultan Haitham bin Tarik to France
CMA CGM delivered a resilient first quarter, but the numbers underscore the increasingly complex environment facing the global container shipping and logistics giant.The Marseille-based group reported first-quarter revenue of $13.23 billion, essentially flat year-over-year, while EBITDA fell 31.6% to $2.11 billion and net income dropped sharply to $250 million, down from $1.
Shipping giants CMA CGM and Hapag-Lloyd said on Sunday they had suspended all bookings to and from Cuba until further notice, with both citing a U.S. executive order issued on May 1, in the latest blow to the crisis-wracked island's economy.The temporary suspension of new orders by two of the world’s largest shipping companies could jeopardize as much as 60% of Cuba's shipping traffic by volume
The CMA CGM Group recently received its 400th owned vessel, the CMA CGM Monte Cristo, the first in a series of six methanol container ships.This key milestone reflects the Group’s long-term investment strategy, built on asset ownership and the integration of advanced technologies to enhance the environmental and operational performance of its fleet.
Major carrier CMA CGM has announced its INDAMEX service will transit Suez Canal on fronthaul and backhaul voyages between India/Pakistan and US East Coast in a notable step towards a largescale return of container ships to the Red Sea region.The first vessel to complete a full service loop via Suez Canal will be CMA CGM Verdi, sailing from Karachi to New York on 15 January.
CMA CGM and logistics group DSV have signed an agreement targeting a reduction of 12,000 tonnes of CO2 emissions over two years through the use of lower-carbon marine fuels.Under the agreement, DSV will use CMA CGM’s ACT+ low-carbon shipping solution, with the targeted emissions reductions achieved through second-generation UCOME-based biofuels.
The CMA CGM Group appointed Natasha Griffin as Chief Executive Officer of CMA CGM North America.Based in Norfolk, VA, Griffin will lead CMA CGM's operations and strategic development across North America, overseeing the Group's shipping, logistics, intermodal, and supply chain activities.
The CMA CGM Group celebrated the naming ceremony of the CMA CGM NOTRE DAME in Le Havre, the newest vessel in its fleet.Measuring nearly 400 meters in length, 61 meters in width and with a capacity of up to 24,000 TEUs, the CMA CGM NOTRE DAME is the largest containership operating under the French flag. It is also the largest LNG-powered containership in the world.
At gathering in New Delhi in the presence of Shri Shantanu Thakur, Minister of State at the Ministry of Ports, Shipping and Waterways, and the CMA CGM Group’s Chairman and CEO Rodolphe Saadé, the group reinforced its commitment to India. During the visit of its global leadership in India
Two vessels from CMA CGM, the world's third-largest container shipping line, have travelled through the Suez Canal, the authority that runs the waterway said on Tuesday, in a sign the disruptions linked to the Gaza war could be easing.While the Suez Canal provides the fastest link between Asia and Europe, since November 2023
DHL Global Forwarding and shipping group CMA CGM have agreed to jointly use 8,990 metric tons of second-generation biofuel to reduce emissions from ocean freight.The initiative is expected to cut around 25,000 metric tons of carbon dioxide equivalent emissions on a well-to-wake basis for container shipments moved under DHL’s GoGreen Plus service
CMA CGM will register 10 container vessels to be delivered in the next three years under the French flag, adding more seafarers from its home country after facing calls to contribute more to France's debt-stricken economy.CMA CGM, the world's third-largest container shipping line, will recruit 135 French seafarers at an additional cost of 15 million to 17 million euros ($17.49 million-$19.