Tag: CMA CGM

Consolidation in container shipping continues

Containerships

The French shipping Group CMA CGM has announced this week that it is acquiring Containerships, the Finnish company specializing in the Intra-European container shipping. According to the agreement signed on 20 June 2018 by CMA CGM and Container Finance Ltd Oy, the current owner of Containerships, the entire shipping, harbour and terminal holdings of Container […]

CMA CGM acquires Mercosul from Maersk Line

CMA CGM Mercosul

CMA CGM has announced it reached a binding agreement with Maersk Line to acquire Mercosul Line, a leading player in Brazil’s domestic container shipping market. Earlier this year, Maersk Line declared the intention to sell its Brazilian cabotage carrier in order to remove any possible concerns from competition regulators over its acquisition of German shipping […]

CMA CGM wins tender for Thessaloniki concession

Thessaloniki port

Today at its Board of Directors’ meeting, the Hellenic Republic Asset Development Fund (HRADF), Greece’s body responsible for the state assets privatization, has determined the winner of the tender for the concession of Thessaloniki port. It is the consortium formed by Terminal Link (port operating subsidiary of French shipping line CMA CGM), German private equity […]

PSA and CMA CGM double capacity of their JV terminal in Singapore

French shipping group CMA CGM and Singapore-based global container terminal operator PSA International have launched today Phase 2 of their container terminal in Singapore, thus doubling its capacity, announces the companies’ joint news release. In June 2016, a joint venture company CMA CGM-PSA Lion Terminal Pte. Ltd. (CPLT) was set up by CMA CGM and PSA […]

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