by Amruth Sundarkumar | Dec 7, 2022 | Corporates
France’s CMA CGM has agreed to acquire two container terminals at the ports of New York and New Jersey from Global Container Terminals (GCT). Estimates are that the transaction value could be up to $3bn. This deal comes after CMA CGM said it expected an...
by Amruth Sundarkumar | Sep 5, 2022 | Corporates, Global
French container transport and shipping company CMA CGM is launching a $1.5bn five-year investment fund to speed up its energy transition in shipping and logistics. The energy fund will aim to support the industrial production of new fuels and low-emission transport...
by Amruth Sundarkumar | Jun 6, 2022 | Corporates
France-based shipping container company, CMA CGM reported its Q1 2022 earnings with a net profit of $7.2bn, up 3.4x YoY, and also higher than its prior quarter’s $6.7bn profit. High freight rates in the aftermath of the economic rebound post Covid helped boost...
