While Red Sea conflict and the U.S. trade war depress container shipping rates, logistics services providers advise ...

Marseilles, France-based CMA CGM saw shipping revenues and earnings improve on assorted geopolitical stresses in 2024. The ...

CMA CGM piled on the profits in 2024 but is looking at the year ahead with a cautious eye thanks to the trade policies of US ...

CMA CGM also mentioned that container shipping market in 2025 will also be shaped by deliveries of new vessels and developments around the Red Sea routes. Against this backdrop, the company ...

CMA CGM Iron was built as part of a $2 billion, 12-ship deal with South Korea's Hyundai Samho Heavy Industries, and has a ...

French shipping magnate Rodolphe Saadé has pledged to invest $20bn in the US over the next four years, a major expansion in a sector that the Trump administration sees as increasingly strategic. The ...

OOIL, which together with sister company Cosco Shipping Lines is owned by Cosco Shipping Holdings, will pay out around 50% of ...

CMA CGM reported 2024 Financial Results. Commenting on the results for the year, Rodolphe Saadé, Chairman and Chief Executive ...

CMA CGM, controlled by the family of Chairman ... he said. Disruption in the Red Sea due to attacks by Yemen's Houthi militants absorbed extra capacity last year, as many ships took a longer ...

CFO Ramon Fernandez said there was no avoiding the potential impacts of a proposal for Chinese-built ships to pay up to $1.5 ...