CMA CGM eyes shipbuilding deal and coastal operations in India
French container line CMA CGM is reportedly in the final stages of a market evaluation ...
Shipping and airline partners are jostling for position to take over 80% of new Italian airline ITA, as air and sea transport interests begin to align.
Lufthansa, with partner MSC, reportedly put in bids last week for 20% and 60%, respectively, no doubt looking to strengthen their market position, especially in the light of CMA CGM’s investment in Air France-KLM.
But the French-Dutch group is also looking to extend into Italy with an investment in ITA, along with US investment firm Certares.
However, ...
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