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cma-cgm-group

CMA CGM Reports ‘Robust’ Third Quarter

CMA CGM Group, French shipping and logistics company, said it delivered a “robust performance” in the third quarter, driven by sustained demand in maritime shipping amid disruption to major routes.Group revenue increased 38.5 percent to US$15.8 billion in the quarter ended Sept. 30, driven mainly by the shipping business. Earnings before interest, taxes, depreciation, and amortization totaled US5 billion, up 31.4 percent from the year-earlier period, and a 14-point improvement ... [+]

CMA CGM completes acquisition of GCT Bayonne and New York container terminals

CMA CGM Group has finalized its acquisition of Global Container Terminals (GCT) Bayonne and New York terminals. Through this strategic investment, the Group strengthens its position as a global port terminal operator, and a leading supply chain player in the United States providing end to end solutions to customers worldwide.Port ... [+]

CMA CGM Group calls for quicker decarbonization of French shipping industry

The CMA CGM Group has launched a call for projects targeted at startups and businesses working on concrete solutions to step up the pace of decarbonization within all areas of the French shipping industry. Announced at the Assises de l’Économie de la Mer (French maritime economy conference) by Rodolphe Saadé, ... [+]

GCT Global Container Terminals agrees to sell US business to CMA CGM Group

GCT Global Container Terminals Inc. (GCT) announced that it has entered into an agreement to sell its US-based terminal assets to CMA CGM Group.GCT currently operates two US terminals: GCT New York on Staten Island, NY and GCT Bayonne in Bayonne, NJ, in the Port of New York and New ... [+]

CMA CGM to acquire terminals in the Port of New York and New Jersey

The CMA CGM Group has signed a binding agreement to acquire GCT Bayonne and New York terminals, currently held by Global Container Terminals Inc (GCT).The Port of New York and New Jersey is a key entry point serving the Northeastern U.S. supply chain areas and represents CMA CGM’s largest gateway ... [+]

CMA CGM Group food donations

The CMA CGM Group, announced its third annual Giving Across America initiative. This initiative is highlighted by the donation of 10,000 turkeys and more than 3,000 meals to help make celebrating Thanksgiving possible for approximately 130,000 people*. Distributing thousands of turkeys across AmericaTurkey distributions will begin on Saturday, Nov. 12 in ... [+]

CMA CGM Group donates

The CMA CGM Group donated and distributed 1,500 turkeys in coordination with the Salvation Army of Los Angeles so that families there could enjoy a traditional Thanksgiving dinner. Ed Aldridge, President at CMA CGM (America) and APL North America, was on-site with officials from the Port of LA, Salvation Army ... [+]

CMA CGM Group Orders Two Boeing 777 Freighters

CMA CGM announced on September 29, 2021 its first direct order for its air freight division CMA CGM Air Cargo. The company is ordering two Boeing 777 Freighters that will support the Group’s expansion into air freight market. These aircraft offer fuel efficient twin-engines with a maximum payload of 102 ... [+]

CMA CGM Surcharge

CMA CGM Group announced on February 8 the following Peak Season Surcharge update: This PSS will apply as follows: • Origin : From North Europe & the Mediterranean (excluding Spain & Turkey) • Destination : To Australia • Cargo : All • ... [+]

CMA CGM GROUP upgrade Europe/Indian Ocean, Australia

The CMA CGM Group is reinforcing its Europe / Indian Ocean & Australia offering by upgrading its NEMO service, which liaises North Europe and the Mediterranean to the Indian Ocean Islands and Australia on the southbound leg and Australia to southeast Asia and Europe on the northbound leg. This upgraded service ... [+]

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