CEVA Logistics Announces Increase in CMA CGM Stake

CEVA Logistics AG (company) has announced that CMA CGM S.A. has purchased shares of the company during the last few days so that the group consisting of the company and CMA CGM currently holds a participation of 33 per cent in the company’s shares. The company and CMA CGM are deemed to be acting in
Complete Reading

The prestigious SHIPPINGInsight Award for 2018 was presented today to CMA CGM Group and Shone Automation for an artificial intelligence pilot program for bridge operations at the 7th Fleet Optimization & Innovation Conference in Stamford, Connecticut. The award is presented annually to honor a shipping company and its technology partners for the successful implementation of
Complete Reading

CMA CGM Louis Bleriot, the third and final 20,600 TEU class containership ordered in 2015 from Hanjin Heavy Industries & Construction – Philippines (HHIC-Phil Inc.), has been delivered to its owner CMA CGM. The ship was named after Louis Charles Joseph Blériot, a French aviator, inventor and engineer. Its two predecessors, CMA CGM Jean Mermoz
Complete Reading

CMA CGM has the strategic ambition to accelerate CEVA’s turnaround and create value for all stakeholders, as discussed within the Board of CEVA during the last few weeks. CMA CGM plans to unlock CEVA’s potential by: Bringing its recognized operational expertise and turnaround track record to reinforce CEVA’s management and organization and help it deliver
Complete Reading

The CMA CGM Corporate Foundation is pleased to announce the name of the associations that will be rewarded following its 2018 call for proposals on the theme “Promoting equal opportunities for children from disadvantaged backgrounds”, says a CMA CGM release. This year, 16 French and Lebanese associations were selected, and their initiatives aim at improving
Complete Reading

France-based box ship giant CMA CGM, which took over Singapore’s Neptune Orient Lines (NOL), estimates it would incur about US$1.5 billion (S$2.06 billion) to comply with a green shipping regulation that will cap sulphur content in marine fuels. This is based on an extrapolation of CMA CGM’s share of some US$15 billion in estimated exposure,
Complete Reading

Mr Rodolphe Saadé, Chairman and Chief Executive Officer of CMA CGM Group and President of ZeBox and Ms Elisabeth Borne, French Minister in charge of Transport, last week launched ZeBox, a new incubator, aiming to become a world reference in innovation, informed a release. Initiated by CMA CGM, ZeBox is a human-sized incubator and accelerator
Complete Reading

The new International Maritime Organization (IMO) Low Sulphur Regulation will be effective from January 1, 2020 and will require all shipping companies to reduce their sulphur emissions by 85 per cent. This new regulation aims to reduce the environmental impact of the industry and significantly improve air quality, an initiative in which the CMA CGM
Complete Reading

Forty years ago, on September 13, 1978, Mr Jacques R. Saadé launched the first maritime line between Marseilles and Beirut, with only one ship and 4 employees. This day marked the beginning of an extraordinary humane and entrepreneurial adventure. 40 years later, CMA CGM has become a recognised world leader, with 34,000 employees and a presence in
Complete Reading

Avantida, an INTTRA company has announced that CMA CGM and Hapag-Lloyd, two of the world’s largest liner shipping companies, are offering reUse container management services in Mexico. reUse is a container triangulation service for transporters made available on Avantida’s online platform. It is the first time that this service is offered in Mexico, and for
Complete Reading

Create Account



Log In Your Account