RSGT and CMA CGM Commit 434 Million Dollars to Jeddah Terminal
Red Sea Gateway Terminal and CMA CGM have signed an agreement to develop and operate a terminal at Jeddah Islamic Port in an investment worth about $434m.
Brussels Clears CMA CGM and TotalEnergies LNG Bunkering Joint Venture
The European Commission has cleared a joint venture between CMA CGM and TotalEnergies for LNG bunkering in the Amsterdam-Rotterdam-Antwerp range, with a new supply vessel due in 2028.
CMA CGM Narrows $2,000 South America Surcharge to Contract Cargo
CMA CGM will keep a $2,000 peak season surcharge on dry containers from India's west coast, Pakistan and Sri Lanka to South America's east coast, but limit it to long-term contracts from September.
HD Hyundai Drops $449m Cochin Joint Venture for a $4bn Indian Yard
HD Hyundai Heavy Industries has withdrawn from a planned $449m hull block joint venture with Cochin Shipyard, redirecting capital to a $4bn wholly owned yard in Tuticorin.
China Takes 80% of Container Ship Orders as Korea Fills Slots With Gas
Chinese yards took more than 80% of global container ship orders in the first half, around 380 vessels, while Korean builders filled 2029 slots with LNG carriers and other high-value gas tonnage.
Amazon Drought Pushes Manaus Container Surcharges Toward $1,900 a Box
Container lines serving Manaus have published low-water surcharges ranging from $753 per teu to as much as $1,900 per box as the Amazon dry season approaches.
CMA CGM Adds Inland Emergency Fee as Low Rhine Levels Cut Barge Capacity
CMA CGM will apply an inland emergency fee on shipments routed through Antwerp, Zeebrugge and Rotterdam as low water on the Rhine reduces barge capacity and lengthens dwell times.
Maersk Drops Its Fleet Cap as Capacity Passes 4.7m TEU
Maersk has abandoned the 4.0 to 4.4 million teu ceiling that defined its strategy for the decade, with its operated fleet already past 4.7 million teu and CMA CGM closing the gap.
Carriers Raise Panama Canal Surcharges as Gatun Lake Falls
Falling water levels at Gatun Lake have brought stricter draft restrictions, and CMA CGM, Hapag-Lloyd and MSC have all announced significant Panama Canal surcharges.
MSC Tests Suez Transits as Container Volumes Rise on the Corridor
MSC has sent seven eastbound vessels through the Suez Canal and Bab el Mandeb in two weeks, as Maersk and Hapag-Lloyd return services to a corridor CMA CGM never fully left.
CMA CGM Second-Quarter Revenue Rises 19 Percent To 15.7 Billion Dollars
CMA CGM has reported second-quarter revenue of 15.7 billion dollars, up 19.2 percent year on year, carrying 6.3 million teu as maritime and logistics both grew despite disruption in the Middle East.
CMA CGM set to overtake Maersk as world's #2 boxline
é reported by French daily Les Echos. Saadé expects the Marseille-based carrier to move ahead of its Danish rival within roughly 18 months, though Linerlytica data suggests the switch could come as early as July 2027. T…
CMA CGM linked to fresh boxship series at Hengli
CMA CGM is reported to have ordered eight 6,000 teu containerships at China's Hengli Heavy Industries, further extending the world's largest liner orderbook.
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