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PARIS, Jan 25 (Reuters) - French shipping and logistics group CMA CGM will continue to avoid the Red Sea even though it considers the region is more stable following the ceasefire agreement ...
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CMA CGM Says Freight Rates ‘Seem to be Reaching a Plateau'Seven months into 2024, CMA CGM believes ocean freight rates may have hit their high point. After a quarter which saw the container shipping giant generate revenue of $13.1 billion in the second ...
The carrier suffered a roughly halving of freight bookings for China exports to the U.S. after the world’s two largest ...
Red Sea diversions and tariff fears boosted container carrier CMA CGM results in 2024, but the company sees a less clear outlook this year. The world’s third-largest liner operator reported full ...
The German carrier has emerged as the new charterer of three sub-panamax container ships owned by Cyprus Green World that ...
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Sourcing Journal on MSNCMA CGM: US Port Fees Would Have ‘Significant Effect on All Shipping Firms'According to CMA CGM, there will be no avoiding the impacts if the Trump administration goes through with its proposal to ...
In this episode of The Loadstar’s News in Brief Podcast, host and news reporter Charlotte Goldstone recaps last week’s supply ...
Over 800 strikes have been carried out by the United States against Houthi positions since March 15, yet the barrage of drones and missiles has not ceased. As Houthi forces target ...
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Sourcing Journal on MSNSuez Canal Offers 15% Rebates to Attract Shipping Back to the Red SeaCMA CGM appears to be making a slow return to the canal, representing 19 percent of tonnage passing through in the first four months of 2025.
French warships previously accompanied vessels from French shipper CMA-CGM, but the company stopped its shipments through the Red Sea in February 2024 and in January said it was still not ready to ...
The largest container shipping lines with the biggest vessels have stayed away from the Red Sea, with the exception of CMA CGM, a French company, but even its presence has been light. The company ...
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