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CMA CGM to strengthen ISC-US East Coast connection
18 Jun 2024 11:25 AM ISTWeekly fixed day sailings with 8,500 TEU vessels from August 15, departing from Indian subcontinent to USEC
CMA CGM to launch butterfly service VGI connecting Asia, India, ME
13 May 2024 3:03 PM ISTA butterfly service that offers 2 loops, VGI offers competitive transit times to serve the rapid import and export growth of Southeast Asian markets.
CMA CGM's training centre Tangram to focus on sustainable logistics
8 May 2024 4:37 PM ISTTangram offers three training programmes focusing on strategic themes for the CMA CGM Group
CMA CGM to reshuffle Africa-India-Middle East services
6 May 2024 7:10 PM ISTCoega will be added to the MIDAS 1 rotation offering an optimised pathway for shipments through competitve transit times to Jebel Ali and India.
CMA CGM, GTS announce JV for decarbonised transportation in Europe
30 March 2024 6:10 PM ISTJV - European Container Network - to focus on expanding multimodal options & optimise supply chain processes
CMA CGM partners with Nike for sustainable shipping
4 March 2024 6:01 PM ISTNike to use sustainable biofuel for transportation of 36% volume with CMA CGM, reduce CO2 emissions by 25,000 tonnes
Red Sea impact: Schedule reliability drops to 51.6%
2 March 2024 2:53 PM ISTCMA CGM was the most reliable top-13 carrier in January with schedule reliability of 54.7%
CMA CGM completes €4.85 billion acquisition of Bollore Logistics
29 Feb 2024 7:00 PM ISTBolloré Logistics reported turnover of €7.1bn in 2022 & transported 710K TEUs ocean freight and 390K tonnes air freight
CMA CGM, COSCO, Evergreen & OOCL extend OCEAN Alliance till 2032
27 Feb 2024 2:49 PM ISTOCEAN Alliance covers 7 major East/West trades & connects Asia to Europe, Mediterranean, Middle East and America
CMA CGM 2023 net income drops 85%
24 Feb 2024 2:53 PM ISTRevenue from shipping operations dropped 47% to $31.4bn even as volume carried was marginally higher at 21.8mn TEUs
CMA CGM Mermaid: First among 10 ships with better energy performance
16 Feb 2024 12:38 PM ISTTen vessels of 2,000 TEUs will be positioned in Mediterranean & Northern Europe to transport goods over short distances
2023 schedule reliability up 19.5ppts; Drewry WCI down 4%
4 Feb 2024 11:00 AM ISTDrewry World Container Index (WCI) declined four percent to $3,824 per 40ft container to the week of February 1, 2024