Business, Logistics, Top 50

Shipping Giant CMA CGM’s Debt Plan Seen at Risk Amid Virus Fears

CMA CGM Jochen Eckel/Bloomberg News

The coronavirus outbreak is threatening to scupper a debt refinancing for CMA CGM SA, the world’s third-largest container shipping company.

February 24, 2020
Business, Logistics

Ocean Carrier CMA CGM Group to Buy 25% Stake in Ceva Logistics

Ceva Logistics

Ceva Logistics is getting a major new shareholder to go along with a planned initial public stock offering of stock.

Daniel P. Bearth | Staff Writer
April 20, 2018
Business, Equipment

Containership to Honor Bayonne Bridge Renovation With Sept. 7 Call to N.Y.-N.J. Port

Roosevelt at Port of Virginia The Theodore Roosevelt berthed at the Port of Virginia. (Port of Virginia)

The Port of New York and New Jersey will receive its first Neopanamax vessel from the Asia to U.S. South Atlantic Express Service on Sept. 7 when the CMA CGM Theodore Roosevelt arrives.

August 28, 2017
Business, Logistics

Big Cargo Ship in Seattle Signals Big Stakes as Nation's Ports Compete

The Northwest Seaport Alliance

The largest cargo ship to visit the United States, the CMA CGM Benjamin Franklin, arrived in Seattle on Feb. 29 to greetings from Mayor Ed Murray and other dignitaries, and a flurry of media coverage.

Janet I. Tu | The Seattle Times
March 1, 2016
Business, Logistics

Megaship Docks in L.A. as Change Roils Shipping Industry

The largest containership ever to arrive at a North American port is docked at the southern tip of Los Angeles, a sign of the rapid changes under way in the global shipping industry.

Chris Kirkham | Los Angeles Times
December 30, 2015
Business, Logistics

Largest Container Ship Ever to Visit United States Arriving Dec. 26

The largest containership to ever call at a U.S. port will arrive Dec. 26 at the Port of Los Angeles and Dec. 31 at the Port of Oakland, California.

George Kelly | Contra Costa Times
December 15, 2015
Business, Logistics

CMA CGM Said Near $2.4 Billion Cash Offer for Neptune Orient

Jochen Eckel/Bloomberg News

French ocean carrier CMA CGM SA is nearing a definitive offer to buy Neptune Orient Lines Ltd. for about S$3.4 billion ($2.4 billion), people with knowledge of the matter said, consolidating its position in an industry facing its worst year since 2009.

Joyce Koh and Kyunghee Park | Bloomberg News
December 7, 2015
Business, Logistics

Ocean Carrier CMA CGM Boosts Profit

Jason Alden/Bloomberg News

French firm CMA CGM, the second-largest container carrier, reported a sharp increase in second-quarter results.

September 8, 2015