CMA CGM targets auto sector via Ceva ro-ro transhipment services
Transporting finished vehicles appears to have become a new growth bet for cash-rich mega-container lines ...
Despite vowing to re-route vessels around the Cape of Good Hope, CMA CGM yesterday sent an ultra-large containership through the Red Sea and Bab al-Mandeb Strait.
The French carrier’s Jules Verne was escorted by the French navy and reported no attacks.
CMA CGM had told its customers that from 1 February, “all services initially routed via the Red Sea passage will now follow the Cape of Good Hope routing”.
It added: “The safety of our seafarers remains our priority at all times.”
But ...
Trump tariffs see hundreds of cancelled container bookings a day from Asia
Macron calls for ‘suspension’ – CMA CGM's $20bn US investment in doubt
De minimis exemption on shipments from China to the US will end in May
Forwarders stay cool as US 'liberation day' tariffs threaten 'global trade war'
Mixed response in US to 'Liberation Day', while China leads wave of retaliation
Tariffs and de minimis set air freight rates on a volatile course
Overcapacity looms for ocean trades – with more blanked sailings inevitable
'To ship or not to ship', the question for US importers amid tariff uncertainty
List of blanked transpac sailings grows as trade war heats up and demand cools
'Chaos after chaos' coming from de minimis changes and more tariffs
East-west rates diverge as transpac spots hold while Asia-Europe keeps falling
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