Indian Transport & Logistics

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CMA CGM Q2 net income more than doubles to $7.6bn

5 Sept 2022 10:00 AM IST
"Outlook: inflationary pressure & geopolitical tensions weighing on consumer spending and shipping demand."

CMA CGM creates $1.5 billion special fund for energies

4 Sept 2022 1:25 PM IST
Objective is to accelerate decarbonisation across shipping, inland, and logistics operations globally.

Reliability continues to improve; Maersk still most reliable carrier

30 Aug 2022 7:15 PM IST
Average delay for late vessel arrivals have been dropping sharply so far this year.

CMA CGM lowers freight rates to support French households

1 July 2022 4:00 PM IST
Reduction of €500 per container for all imports to France and overseas territories.

CMA CGM Group Q12022 profit zooms to $8.9bn on shipping boost

4 Jun 2022 4:16 PM IST
Group to take 9% stake in Air France-KLM for approx €400 million, become Air France-KLM's main private shareholder.

Air France-KLM, CMA CGM join hands; to jointly sell air cargo capacity

18 May 2022 11:54 AM IST
This partnership also covers Air France-KLM's belly aircraft capacity, including over 160 long-haul aircraft.

CMA CGM launches container return programme in US

16 May 2022 11:36 AM IST
The Group’s early return incentive to deliver $300/container to help customers offset costs.

CMA CGM buys GEFCO; financials not disclosed

8 April 2022 3:20 PM IST
European Commission has authorised CMA CGM to acquire the capital of GEFCO immediately, pending the final approval.

Electrolux signs deal with Maersk, CMA for using sustainable fuel

23 March 2022 3:49 PM IST
80,000 TEUs will be transported using Maersk’s biofuel and CMA CGM’s solution based on LNG.

CMA CGM completes first ship-to-ship LNG bunkering

15 March 2022 8:49 PM IST
Shanghai International Port Group Company to provide LNG bunkering service for CMA CGM’s vessels for 10 years

Big carriers get significant tonnage tax advantage

15 March 2022 8:41 PM IST
Hapag-Lloyd had a tax benefit of $10.7/TEU, translating to an advantage of $127 million.

All major carriers suspend Russia bookings

2 March 2022 8:34 AM IST
Carriers to accept and screen bookings for essential goods such as food, medical equipment and humanitarian goods.
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