CMA CGM

OOCL Logistics | April 20, 2016

This new partnership will allow each of its members to bring significantly improved services to its respective customers,” the member carriers said in a statement. “Shippers will have an attractive selection of frequent departures and direct calls to meet their supply chain needs, including access to a vast network with the largest number of sailings and port rotations connecting markets in Asia, Europe and the United States....

supplychaindigital | July 04, 2017

French shipping group CMA CGM has agreed to sell a 90% stake of the Global Gateway South (GGS) in Los Angeles to EQT Infrastructure for $817 million.CMA CGM will remain a minority shareholder holding 10% of the GGS terminal, which it acquired last year as part of Neptune Orient Lines (NOL).CMA CGM will remain a minority shareholder holding 10% of the GGS terminal, which it acquired last year as part of Neptune Orient Lines (NOL)....

supplychaindive | October 16, 2017

CMA CGM announced last week it would launch a new startup incubator in Marseilles, hoping to attract innovative talent from around the world. The initiative builds on various CMA CGM initiatives designed to leverage digital innovation through partnerships with academia, startups as well as established IT players like Infosys. CEO Rodolphe Saadé added the incubator also complements projects initiated by CMA CGM Ventures, the line's corporate venture fund, and will help boost the region...

CMA CGM | April 22, 2018

The shipping firm CMA CGM has reached an agreement to acquire almost 25% of CEVA Logistics AG. CMA CGM has committed to subscribe for mandatory convertible securities of CEVA in an estimated amount between $389.8mn and $461.65 million CHF. These securities will be convertible into CEVA common shares subject to obtaining all required regulatory approvals. With this transaction, CMA CGM aims to grow its presence in the logistics sector, a business closely related to shipping. A global leader in lo...