Strong Q3 demand drives improvement in CMA CGM revenue and profits
French container shipping and logistics group CMA CGM saw third-quarter revenues and profits bolstered by ...
BA: ASSET DIVESTMENTRXO: ONE OBVIOUS WINNER DHL: UBS TAKEDHL: DOWNBEATATSG: UPDATEMAERSK: QUIET DAY DHL: ROBOTICSCHRW: ONE CENT CLUB UPDATECAT: RISING TRADEEXPD: TRUMP TRADE LOSER LINE: PUNISHEDMAERSK: RELIEF XPO: TRUMP TRADE WINNER
BA: ASSET DIVESTMENTRXO: ONE OBVIOUS WINNER DHL: UBS TAKEDHL: DOWNBEATATSG: UPDATEMAERSK: QUIET DAY DHL: ROBOTICSCHRW: ONE CENT CLUB UPDATECAT: RISING TRADEEXPD: TRUMP TRADE LOSER LINE: PUNISHEDMAERSK: RELIEF XPO: TRUMP TRADE WINNER
German OPDR, part of the CMA CGM group, and Spain’s Boluda Corporación Marítima successfully launched their joint operation of the container terminal in the port of Seville. The concession will run for 30 years.
In July 2016, Boluda and OPDR – with the contribution of CMA Terminals, also a CMA CGM subsidiary, and Boluda Terminales Marítimas convinced the port authority of their expertise and plans for the strategic direction for container movement in Seville, Spain’s only inland seaport.
On an area of about 180,000 sq metres, the joint venture Terminales Marítimas del Guadalquivir controls all facilities related to the handling of containerised goods, including the railway terminal, Muelle del Centenario. This represents one-third of all freight traffic in the port of Seville.
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