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CMA CGM to pursue further expansion
CMA CGM to pursue further expansion after Brazilian port operator deal
Cash-rich CMA CGM, the world’s third-biggest shipping group, has been expanding into new areas such as logistics and media, and on Monday said it had agreed to acquire a 48 per cent stake in Santos Brasil, with a view to ultimately taking over the group.
CMA CGM to Buy $1.2 Billion Stake in Brazil Port Operator Before Launching Takeover
The French shipping group agreed to buy a 48% stake in Brazilian terminal operator Santos Brasil Participacoes and plans to acquire the remaining shares as it looks to boost its presence in the country amid increasing demand.
France's CMA CGM to acquire Brazil's top container terminal in $2 billion deal
By Andre Romani and Gus Trompiz SAO PAULO/PARIS (Reuters) -French shipping giant CMA CGM plans to acquire port terminal operator Santos Brasil in a deal that could reach $2 billion and give it control of South America's largest container terminal,
CMA CGM buys 48% stake in Brazil’s biggest terminal operator
Santos is the largest terminal operator in Brazil. It owns three container terminals in Brazil as well as a vehicle and a liquid bulk terminal and three logistics facilities, CMA CGM said. Its flagship asset is the Tecon Santos terminal, Brazil's largest container handler.
6h
on MSN
Shipping giant CMA CGM open to French windfall tax, CEO says
Shipping group CMA CGM is ready to contribute to any windfall tax on major companies that the new French government may adopt ...
MercoPress
4h
French shipping giants to buy over Brazilian port of Santos' container terminal
Brazil's Opportunity investment group reached an understanding with French giants CMA CGM for the sale of its stake in the ...
TradeWinds
13d
Seafarer sues CMA CGM after former chief engineer accused of battery and sexual harassment
A seafarer has sued CMA CGM after accusing a chief engineer of battering a corker with a wrench and sexually harassing them ...
Sourcing Journal on MSN
4d
LA Port, CMA CGM Say East Coast Strike Unlikely to Pose West Coast Port Disruptions
Neither Gene Seroka nor George Goldman saw evidence that East Coast-bound vessels will be diverted after a possible Oct. 1 ...
Marine Link
4d
US Port Strike Would Spark Supply-chain Glitches from Outset, Shipping Exec Says
A threatened Oct. 1 strike by dockworkers at ports on the U.S. East Coast and Gulf of Mexico would immediately disrupt the ...
Barron's
18h
Naviera Francesa CMA CGM Apuesta Por Brasil Para Desarrollarse
Con la compra del mayor operador portuario de Brasil, Santos Brasil, la naviera francesa
CMA
CGM
aseguró apostar por un país "con un fuerte potencial", donde el volumen de las transacciones...
5d
200美元!CMA CGM宣布从亚洲至北欧征收超重附加费
自 2024 年 9 月 15 日起,附加费适用于从东北亚、东南亚、中国、中国香港和中国澳门特别行政区运往北欧、斯堪的纳维亚半岛、波兰和波罗的海地区目的地的货物,直至另行通知。
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