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Posts tagged with "CMA CGM"

CMA CGM net income jumps to $136M in Q2

CMA CGM net income jumps to $136M in Q2

Sep. 6 | CMA CGM improved its profitability in the second quarter of 2020 despite lower volumes amid the COVID-19 pandemic as it adapted fleet capacity to demand to increase freight rates. It is forecasting even better financial results in the third quarter. The...

CMA CGM posts $48M income in Q1

CMA CGM posts $48M income in Q1

Jun. 9 | Photo from www.cma-cgm.com French container shipping and logistics group CMA CGM reported a net income of US$48 million in the first quarter of 2020, a reversal from the $43 million net loss in the same period in the same period last year. The positive...

SBITC loads yacht on ship through flat rail system

SBITC loads yacht on ship through flat rail system

Oct. 8 | Using flat rails, the catamaran was loaded onto a single 40-foot flat rack. The process was simplified into two moves—first, sea to berth, and second, berth to vessel after the cargo is lashed to the flat rack and flat rail. Photo from port operator...

CEVA shareholders asked not to sell shares to CMA CGM

CEVA shareholders asked not to sell shares to CMA CGM

Jan. 28 | Swiss freight forwarder CEVA Logistics announced January 28 that its Board of Directors has urged company shareholders not to sell their shares following a public tender offer from French shipping line CMA CGM, as their shares are worth a lot more than...

CMA CGM taps startup to embed AI on board its ships

CMA CGM taps startup to embed AI on board its ships

Jun. 6 | French container shipping line CMA CGM announced its collaboration, since the beginning of the year, with Shone, a San Francisco-based startup that specializes in the use of artificial intelligence (AI) for maritime transportation. This collaboration...

Enough container yards for return of empties, CMA-CGM, APL, Hyundai, TS Lines tell PH clients

Enough container yards for return of empties, CMA-CGM, APL, Hyundai, TS Lines tell PH clients

Mar. 25 | Shipping lines CMA CGM and APL as well as Hyundai Merchant Marine and TS Lines assured clients they have adequate container yards within Metro Manila to accommodate the return of empty containers. In a customer advisory published in its website and in...

CMA CGM introduces SERENITY as solution to damaged or lost goods

CMA CGM introduces SERENITY as solution to damaged or lost goods

Dec. 18 | Image from www.cma-cgm.com/products-services/serenity French shipping company CMA CGM Group has announced the launch of “SERENITY by CMA CGM,” an innovative offering that deals with unforeseen events during freight transport. This new offering is...

Cosco, CMA CGM intensify port ties in time for Ocean Alliance launch

Cosco, CMA CGM intensify port ties in time for Ocean Alliance launch

Jan. 28 | China-based Cosco Shipping Ports and France’s CMA Terminals Holding have forged a pact to cooperate and give priority to the ports where Ocean Alliance ships will make their visits. On January 20, Cosco Shipping Ports signed a memorandum of understanding...

NOL enters exclusive acquisition talks with CMA CGM

NOL enters exclusive acquisition talks with CMA CGM

Nov. 23 | Oakland, Calif. Box liners Neptune Orient Lines Limited (NOL) and CMA CGM have announced they have made an exclusive agreement to discuss until the first week of December the possible sale of Singapore-based NOL to the French shipping line. In an email,...