CMA CGM joins Renault and Volvo in Flexis electric truck JV
CMA CGM has joined the Flexis electric light van manufacturing joint-venture, formed between carmakers Renault ...
CMA CGM can’t be all things to all people – and it appears to be considering a partial sale of some port assets. Its purchase of Ceva Logistics has left it looking to reduce its debt, notes Bloomberg, and it is in talks with China Merchants Group over port infrastructure. The Chinese group has invested before: in 2013 it bought 49% of CMA CGM’s Terminal Link unit, and it is said to be eyeing “several hundred million US dollars” on new investments.
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Urgent call for breakdown of cargo onboard as General Average declared on Dali
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Resurgence of Somali pirates creates another 'danger zone' for shipping
'Slow season' and ocean network stabilisation easing pressure on rates
Bottlenecks and price hikes as airlines now avoid Iran airspace
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