CMA CGM has taken its total spend on secondhand container ships to nearly $350m this year with the purchase of a 10th ...

On Friday, global transport and logistics giant CMA CGM Group announced a $20 billion investment to ... expand the capacity of key container ports on both coasts, develop state-of-the-art warehousing ...

Saadé, the billionaire chairman and chief executive of Marseille’s CMA CGM, intends to triple the size of the container line’s U.S.-flagged fleet, upgrade its U.S. port facilities and create ...

When asked about the updated Ocean Alliance, the vessel-sharing agreement involving CMA CGM and Asian partners Cosco, ...

President Donald Trump said shipping giant CMA CGM SA would invest $20 billion ... his company was also examining investing in building container vessels and could make an additional announcement ...

Shipping group CMA CGM received its first ever delivery of a dual-fuel methanol vessel, with 11 more expected to arrive over the next two years. CMA CGM described the delivery of the first dual-fuel ...

"China builds more than half of all container ships in the world, so this would have a significant effect on all shipping firms," Chief Financial Officer Ramon Fernandez told reporters. CMA CGM ...

WASHINGTON, March 6 (Reuters) - U.S. President Donald Trump on Thursday said French-based shipping firm CMA CGM would invest $20 billion in the United States to build out shipping logistics and ...

Trump said at an event at the White House alongside CMA CGM Chief Executive Rodolphe Saadé. The investments would be made over four years, the container line said in a subsequent statement.

CMA CGM is the world's third-largest container shipping line and is part of a vessel-sharing alliance with companies including China's COSCO. CMA CGM said last week that U.S. port fees on China ...

"China builds more than half of all container ships in the world, so this would have a significant effect on all shipping firms," Chief Financial Officer Ramon Fernandez told reporters. CMA CGM ...