by Mariska Buitendijk | May 3, 2021 | News, Shipbuilding, Shipping
The French shipping company reports the mega contract worth at least two billion dollars in a seven-line press release. The only explanation CMA CGM gives is that the order is intended to accommodate market growth. This seems to indicate that the project is not aimed...
by Mariska Buitendijk | Nov 24, 2020 | News
The third quarter marked recovery in demand for transportation of goods and CMA CGM made good use of this. The company saw its net income increase almost thirteen-fold from USD 45 million in the third quarter last year, to USD 567 million this year. The net income in...
by Mariska Buitendijk | Nov 17, 2020 | News
Liquefied natural gas (LNG) is gaining popularity as a fuel for shipping. The Port of Rotterdam Authority reports that it is enthusiastic about this development. LNG is regarded as a cleaner alternative to fuel oil. According to the port, LNG is still the only...
by Mariska Buitendijk | Nov 9, 2020 | News
CMA CGM’s Jacques Saade is expected to arrive in Rotterdam for the first time Wednesday evening, 11 November. The container ship is also the first LNG-powered vessel with a capacity of more than 23,000 TEU containers on board. The Jacques Saade will arrive at...
by Mariska Buitendijk | Oct 1, 2020 | News
CMA CGM is still working on restoring its information systems after suffering a cyber attack on Monday 28 September. The shipping company has now said it suspects a data breach and a team is doing everything possible to assess its potential volume and nature. On...
