CMA CGM
CMA CGM’s New Shipfin Program Offers Import, Export Finance
The service includes two initial products, Supply Chain Financing and Cargo Financing, dedicated to importers…
Major Ocean Carriers’ Latest Blockchain Move May Give the Technology More Credibility
CMA CGM and MSC said they will join TradeLens, a blockchain-enabled digital shipping platform developed by…
Ocean Carriers Launch Major Digital Initiatives to Modernize Supply Chains
The ocean freight sector is taking steps to digitize its operations, with major carriers Maersk and CMA CGM…
WWD Recommends
Top Ocean Cargo Carriers Confirm New Cooperative Association
Five container shipping companies intend to create an association to work together on digitalization…
Leading Ocean Cargo Carriers Mull New Shipping Association for Standardization
Leading cargo shipping groups are said to be mulling the formation of a new association to deal with…
Freight Rates Roll Lower, but High Fuel Prices Likely to Keep Shipping Costs Inflated
While freight rates dipped last week, with fuel prices showing no signs of falling, shippers can expect costs…
The Ongoing Consolidation of Shipping Points to Sector Sea Change
The consolidation of the ocean freight industry has continued this year, as a trio Japanese carriers merged…
Container Freight Rates Rise as Fuel Costs Remain Inflated
In the midst of inflated raw materials costs and tariff threats, importers are dealing with higher shipping…
Ocean Shippers Impose Fuel Surcharges as Oil Prices Spike
Major ocean freight carriers have instituted "emergency bunker recovery measures" to counter a hike in fuel…
Container Freight Rates Fall 18.7% as Industry Consolidation Stays the Course
Container freight rates are showing a stable but soft pricing period, as the ocean shipping industry…
What Consolidation, Rising Costs and Overcapacity Will Mean for Shipping
The cargo container industry continues to undergo massive consolidation aimed at improving efficiencies…
Sustainability Hits Shipping Sector as Carriers Look to Reduce Emissions
The CMA CGM Group said Tuesday it will equip its nine future ships of 22,000 TEUs delivered in 2020 with…
CMA CGM Launches Azteca Linking California Ports to Latin American Hubs
CMA CGM, one of the largest global shipping groups, is launching a new weekly cargo freight service between…
South African Commission Accuses Six Major Shipping Firms of Price Fixing
Carriers toting the world's goods may be conspiring to set false freight rates.
CMA CGM to Acquire Neptune Orient Lines for $2.4B
The strategic acquisition will result in revenue of $22 billion and a fleet size of 563 vessels.