CMA CGM Near Deal to Buy California Terminal Operator
CMA CGM SA, one of the world’s largest shipping companies, agreed to buy Fenix Marine Services, which operates a container terminal in the Port of Los Angeles, in a deal with an enterprise value of $2.3 billion.
November 3, 2021CMA CGM Dedicates Six LNG-Powered Vessels to Service U.S. Customers
French ocean carrier CMA CGM Group will dedicate six liquefied natural gas-powered containerships to the United States..
March 1, 2021Shipping Giant CMA CGM’s Debt Plan Seen at Risk Amid Virus Fears
The coronavirus outbreak is threatening to scupper a debt refinancing for CMA CGM SA, the world’s third-largest container shipping company.
February 24, 2020Ocean Carrier CMA CGM Group to Buy 25% Stake in Ceva Logistics
Ceva Logistics is getting a major new shareholder to go along with a planned initial public stock offering of stock.
April 20, 2018Containership to Honor Bayonne Bridge Renovation With Sept. 7 Call to N.Y.-N.J. Port
The Port of New York and New Jersey will receive its first Neopanamax vessel from the Asia to U.S. South Atlantic Express Service on Sept. 7 when the CMA CGM Theodore Roosevelt arrives.
August 28, 2017Big Cargo Ship in Seattle Signals Big Stakes as Nation's Ports Compete
The largest cargo ship to visit the United States, the CMA CGM Benjamin Franklin, arrived in Seattle on Feb. 29 to greetings from Mayor Ed Murray and other dignitaries, and a flurry of media coverage.
March 1, 2016Megaship Docks in L.A. as Change Roils Shipping Industry
The largest containership ever to arrive at a North American port is docked at the southern tip of Los Angeles, a sign of the rapid changes under way in the global shipping industry.
December 30, 2015Largest Container Ship Ever to Visit United States Arriving Dec. 26
The largest containership to ever call at a U.S. port will arrive Dec. 26 at the Port of Los Angeles and Dec. 31 at the Port of Oakland, California.
December 15, 2015CMA CGM Said Near $2.4 Billion Cash Offer for Neptune Orient
French ocean carrier CMA CGM SA is nearing a definitive offer to buy Neptune Orient Lines Ltd. for about S$3.4 billion ($2.4 billion), people with knowledge of the matter said, consolidating its position in an industry facing its worst year since 2009.
December 7, 2015Ocean Carrier CMA CGM Boosts Profit
French firm CMA CGM, the second-largest container carrier, reported a sharp increase in second-quarter results.
September 8, 2015