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  • CMA CGM Boosts Piracy Risk Surcharge 24 Nov 2009 15:33 GMT
    ... to charge $41 per TEU effective Dec. 15 as costs of evasive action grow CMA CGM will increase its piracy risk surcharge for transporting containers through the Gulf of Aden ...

  • French container shipping group CMA CGM says cost-cutting is helping bottom line 19 Nov 2009 01:37 GMT
    ... A crane unloads a ship at Mobile Container Terminal in this file photo. CMA CGM, a minority partner in the terminal, said today that it expects cost-cutting measures to ...

  • CMA CGM Seeking $400 Million in Capital 20 Nov 2009 16:22 GMT
    ... Saade wants investors for limited term, will offer shares to employees CMA CGM is seeking $300 million to $400 million from outside investors to restore its finances ...

  • Three Investors Eye CMA CGM Stake 19 Nov 2009 21:56 GMT
    ... would inject cash to restructure debt Three private investment groups are considering investing in CMA CGM, potentially bringing a needed cash infusion into the world’s third-largest container line, according to ...

  • CMA CGM: Significant Recovery in Operations 20 Nov 2009 04:36 GMT
    ... Operating profit for the CMA CGM Group is expected to return to the breakeven point in December 2009, ahead of ...

  • CMA CGM reports significant recovery in operations 20 Nov 2009 18:15 GMT
    ... its initial effects. The recovery of operating profit illustrates the shipping expertise of the CMA CGM teams, which have been entirely focused on achieving this objective. The key measures introduced ...

  • Global Ship Lease Reports Results for the Third Quarter of 2009 19 Nov 2009 11:32 GMT
    ... or $0.56 per share, for the nine months ended September 30, 2009 - Purchased CMA CGM Berlioz, a 2001-built 6,627 TEU container vessel, in August 2009 for $82 million. The ...

  • Shipping line set to break even ahead of schedule 22 Nov 2009 19:06 GMT
    ... CMA CGM, the world's third largest container shipping line, said it expects to break even on ...

  • Report: Shanghai port volume to decline 10.1% in 2009 23 Nov 2009 18:13 GMT
    ... offers an in-depth overview of 11 of the main global shipping companies (China Shipping, CMA CGM, COSCO, Evergreen, Hanjin, Hapag Lloyd, Maersk, MOL, MSC, NOL, NYK.) BMI analyses the firms' ...

  • Transport: An investment that pays 20 Nov 2009 12:12 GMT
    ... More investment in all modes of transport is needed to boost development in the MENA region. ...

  • CMA CGM to restructure debts 18 Nov 2009 20:11 GMT
    ... senior executive has said. Nicolas Sartini, head of Asia to Europe routes for Marseilles-based CMA CGM, accused some shipowners of making “indecent” profits and defended its demand they reduce the ...

  • CMA CGM to Return to Profit in 2010 18 Nov 2009 17:35 GMT
    ... it will beat forecasts with cost cuts, growing volume, rising rates French ocean carrier CMA CGM said Nov. 18 it expects to break even in December, ahead of recent forecasts, ...

  • CSCL, UAS Consolidate in Asia-Middle East 17 Nov 2009 16:36 GMT
    ... Slot-swap agreement does not include CMA CGM China Shipping Container Lines and United Arab Shipping entered slot-swap arrangements in the Asia-Middle ...

  • Maersk says container market to grow in 2010 18 Nov 2009 19:34 GMT
    ... while closely held Mediterranean Shipping Co, its biggest competitor, has 11 per cent and CMA CGM SA controls 7.5 per cent, according to AXS Alphaliner. Kolding said Maersk will aim ...


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