By Gus Trompiz and Florence Loeve PARIS, April 6 (Reuters) – Shipping giant CMA CGM and tech startup Mistral AI expect rapid productivity gains from a 100 million euro partnership unveiled on Sunday,…
https://gcaptain.com/cma-cgm-and-french-ai-startup-target-customer-service/
Shipping stocks remain under severe pressure today as the world comes to terms with the immensity of Wednesday’s tariff announcements from US president Donald Trump. The average US tariff rate has now been set at just under 25%, levels not seen since the 1930s and the days of the Great Depression....
https://splash247.com/global-shipping-stifled-by-trumps-tariffs/
Bureau Veritas Marine & Offshore (BV) has successfully delivered CMA CGM Tiga, the last of ten 5,500 TEU container ships built for CMA CGM at CSSC Qingdao Beihai Shipbuilding.
This marks the completion of a major project for which BV provided classification services and Bureau Veritas Solutions M&O provided advisory services, helping to ensure compliance with international safety, structural integrity and environmental protection requirements as well as maximizing performance.
CMA CGM Tiga, a...
https://container-news.com/chinese-shipyard-delivers-final-bv-classed-cma-cgm-boxship-in-series/
CMA CGM has introduced a Rate Restoration Initiative (RRI), set to take effect from May 1, for shipments from the Canada West Coast to China, Hong Kong & Macau SAR, Northeast Asia, and Southeast Asia.
The new rates will apply to dry containers, with open top, flat racks, and tank containers excluded from the Initiative.
Under the RRI, the rates will be increased by US$50 per 20′ container and US$100 per 40′ & 45′ containers.
https://container-news.com/cma-cgm-increases-rates-from-asia-to-canada/
French ocean carrier CMA CGM has announced new overweight surcharges (OWS), which have been effective from 1 April.
In particular, CMA CGM applies an OWS of US$100 per dry container with a gross weight over 15 tons from the India West Coast to Berbera, Somalia & Massawa, and Erythrea.
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Additionally, the Marseille-based ocean carrier has implemented an OWS from the Indian Subcontinent and Middle East Gulf to the Red Sea. The surcharge will...
France-based shipping and logistics giant CMA CGM made air cargo news on two fronts last week.
Ceva Logistics, the eighth-largest 3PL in the world, introduced a scheduled air charter service from China to the U.S. amid rising trade tensions between the countries. Meanwhile, sister company CMA CGM Air Cargo received a green light from a court in Belgium to take over Air Belgium’s all-cargo operations.
Ceva Logistics said it has rented a Boeing 747-400 freighter and crew from Atlas Air to operate...
https://www.freightwaves.com/news/cma-cgm-subsidiaries-augment-air-cargo-capacity-in-different-ways
French shipping company CMA CGM has filed a lawsuit against GCC Supply & Trading, an oil & natural gas company based in Houston, in a Texas court, seeking over US$5 million in damages over an alleged case of contaminated bunker fuel dating back to 2023.
The Marseille-based ocean carrier claims that 13 of its vessels suffered damage after taking on Very Low Sulphur Fuel Oil (VLSFO) in Houston during the first half of 2023.
CMA CGM said in its filing: “Shortly after the fuel was supplied, the...
https://container-news.com/cma-cgm-sues-houston-bunker-supplier/
Alphaliner’s analysis shows that ZIM Line and CMA CGM will be the worst hit should US President Donald Trump succeed in implementing hefty port charges for ship operators with Chinese-built ships.
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https://container-news.com/hefty-us-port-fees-to-hit-zim-and-cma-cgm-hardest/
French liner giant CMA CGM is suing GCC Supply & Trading for more than $5m at a court in Texas over an alleged case of contaminated bunkers dating back to 2023. CMA CGM claims 13 of its vessels were damaged when it took on VLSFO fuel at Houston in the first half of 2023. “Shortly …
https://splash247.com/cma-cgm-sues-houston-bunker-supplier-for-5m/
The global shipping industry continues to be dominated by key players, with Maersk and CMA CGM leading the pack in 2024, each generating an impressive US$55.5 billion in revenue.
Following behind is COSCO with US$32.3 billion, solidifying its position as a major force in maritime logistics.
Hapag-Lloyd and Ocean Network Express (ONE) secured the fourth and fifth spots with US$20.7 billion and US$18.8 billion, respectively, reflecting steady growth in global trade and container demand. Evergreen,...
https://container-news.com/top-10-ocean-carriers-by-revenue-in-2024/