CMA CGM to implement new US$400 PSS for reefer boxes from Europe

French ocean carrier CMA CGM has announced a new peak season surcharge (PSS) for reefer cargo, effective from 23 October until further notice.

The Marseille-headquartered container line will apply the new surcharge from North Europe (except France), Scandinavia, Poland, Baltic, United Kingdom, West Mediterranean, Adriatic, Morocco, West Africa, East Mediterranean and Black Sea to Angola, Democratic Republic of Congo, Gabon & Congo (countries served on Euraf 5 service).

CMA CGM said that PSS will...

CMA CGM boss Saadé part of tycoon consortium to buy French television station M6

The chairman and chief executive officer (CEO) of the CMA CGM Group, Rodolphe Saadé aims to expand further into the mass media sector.

After being set to take over the Marseille-based top-selling newspaper La Provence, French media report that Saade is part of a consortium comprising well-known French businessmen bidding to acquire a 48% stake in the country’s largest commercial television station M6.

The 48% stake is held by German media group Bertelsmann, through RTL, and bids close at 14:00...

TotalEnergies Makes UCOME Blend Biofuel

  • CMA CGM Montoir was bunkered via ship-to-ship transfer with TotalEnergies-supplied biofuel.
  • The biofuel is made of very low sulphur fuel oil combined with 24% second-generation, waste-based and ISCC-certified used cooking oil methyl ester.

CMA CGM bunkers ship with UCOME blend, reports CMA CGM.

TotalEnergies biofuel

The TotalEnergies-supplied biofuel for CMA CGM Montoir is made of very low sulphur fuel oil blended with 24% second-generation, waste-based and ISCC-certified used cooking oil methyl...

Alphaliner: CMA CGM aumenta sus ganancias pero pierde terreno frente a Maersk

La aerolínea francesa CMA CGM, la tercera línea de contenedores más grande del mundo, reportó ganancias netas consolidadas de USD 7600 millones en el último trimestre, más del doble que el año anterior y un 5 % más que el anterior cuarto. Los ingresos del grupo alcanzaron los 19 500 millones de...

CMA CGM Expects Major Shift In Shipping

A recent news article published in the MSN states that CMA CGM expects shipping slowdown after another strong quarter.

Weakening consumer spending

Weakening consumer spending is curbing shipping demand and freight rates, transport giant CMA CGM said on Friday as it reported another jump in quarterly profits.

French-based CMA CGM, one of the world’s largest container lines, reported a net profit of $7.6 billion for the second quarter, up from $3.5 billion in the year-earlier period and also...

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