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French shipping group CMA CGM will reorganise its global fleet to avoid U.S. port fees on Chinese-built vessels that are due to take effect from October, the company's finance director said.
On June 23, CMA CGM also plans to do a single Suez Canal voyage via its Far East-to-Mediterranean MEX service, when the 16,000-TEU CMA CGM Jules Verne leaves eastbound from Jeddah.
Adds details, CFO comments from paragraph 3 PARIS, May 26 (Reuters) - CMA CGM expects its profit to ease further for the rest of the year after a first-quarter decline, as an uncertain economy and ...
Container shippers A.P. Moller-Maersk and CMA CGM are partnering to accelerate the energy transition in shipping, working together to develop the use of alternative greener fuels.
Reporting first-quarter results, CMA CGM said a rush to ship goods before the U.S. tariffs announcement on April 2 had supported a 4.2% year-on-year rise in its maritime volumes, contributing to ...
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