CMA CGM enters into exclusive negotiations to acquire Bolloré Group’s logistics activities
19.04.2023
French shipping company CMA CGM Group announced today (18 April) that it has entered into exclusive negotiations to acquire the transportation and logistics activities held through Bolloré Logistics.
CMA CGM said the negotiations are in line with its long-term strategy, based on the two pillars of shipping and logistics. "The Group’s strategy is to offer end-to-end solutions in support of its customer’s supply chain needs," said CMA CGM in a statement.
The Marseille-headquartered container shipping giant noted that a potential acquisition agreement would further strengthen its logistics activities.
"The negotiations in no way guarantee an acquisition in the end," pointed out CMA CGM.
MSC, CMA CGM enhance joint North Europe-Med-Oceania service
12.04.2023
MSC and CMA CGM announced the improvement of its joint Australia Express Service (AEX) / NEMO service with a direct call at Ennore (Chennai) on the Westbound leg to be introduced from June 2023.
MSC said the new call at Ennore will provide the company's customers with improved export connections to European ports and a direct import connection from Australia and Singapore.
"This new call will provide our customers with a quick export link from South East India's key commercial sector to Europe, as well as a direct import connection from Australia and Singapore," stated CMA CGM in its announcement.
Additionally, the service will continue to call at Colombo to cater for cargo from other Southern and Eastern Indian ports and from Sri Lanka.
According to the statement, transit times will be Ennore to Gioia Tauro in 18 days, Ennore to Valencia in 21 days and Ennore to London Gateway in 28 days. The first vessel on the new rotation will be APL Mexico City, due to arrive in Ennore on 9 June 2023.
CMA CGM and Air France-KLM officially launch 10-year air cargo partnership
03.04.2023
The long-term strategic air cargo cooperation of Air France-KLM and the CMA CGM Group, which was announced in May 2022, has officially commenced.
CMA CGM and Air France-KLM officially launch 10-year air cargo partnership
Air France-KLM Martinair Cargo, part of the Air France-KLM Group, and CMA CGM Air Cargo, part of the CMA CGM Group, will combine their cargo networks, full freighter capacity, and dedicated services aiming to build a more compelling offering.
The collaboration between the two French giants will have an initial duration of 10 years, as the deal has obtained all necessary legal approvals from the relevant authorities.
With this agreement, Air France-KLM and CMA CGM will jointly operate the full-freighter aircraft capacity of their respective airlines with the combined capacity currently consisting of six full-freighter aircraft at CMA CGM Air Cargo and six full-freighter aircraft at Air France-KLM Group. The commercial partnership also covers Air France-KLM’s belly aircraft capacity, including 160+ long-haul aircraft.
"Our partnership will combine the best of both worlds: flexibility, agility and world-class expertise for regular and dedicated service,” stated Guillaume Lathelize, CEO of CMA CGM Air Cargo.
DP World opens reefer container facility in Sydney
30.03.2023
DP World announced the launch of Reefer World, a new one-stop refrigerated container facility in Sydney, which will offer a wide range of reefer cleaning and repair services to clients in Australia and New Zealand.
The dedicated reefer facility is the largest of its kind in Sydney and one of the largest in Australia, providing a variety of reefer solutions, such as pre-trip wash, inspection, and structural repairs, to improve efficiency and ensure the quality and freshness of perishable cargo delivered to destinations worldwide.
With the opening of this facility, DP World more than doubles its capacity to supply empty reefers, with the ability to pre-trip and wash more than 100 reefer containers daily, and capture growing demand for exports from key markets such as Brisbane and Melbourne, as well as Auckland and Tauranga in New Zealand.
“As businesses continue to build greater agility, reliability and resilience into their supply chains, Reefer World will help to facilitate the timely and efficient flow of perishable goods, while addressing increased export demand in the region,” stated Andrew Adam, CEO of DP World Australia.
AD Ports Group signs agreements for Egyptian ports development
23.03.2023
AD Ports Group signed several agreements to expand its presence and increase its access to ports in Egypt.
AD Ports Group and the Red Sea Ports Authority signed a 30-year concession agreement that allows the Group to develop and operate a multi-purpose terminal at Safaga Port on the Red Sea coast of Egypt.
"Safaga Port will be the first internationally operated port in the Upper Egypt region, bringing cost savings to traders, industries and businesses located in this region," said AD Ports.