Container shipping stocks are back to pre-COVID levels whereas many tanker and bulker stocks are down by double-digits year-to-date.
“While COVID-19 has fundamentally shifted how many American families will celebrate Thanksgiving this year, we are very proud to be providing a bit of home.”
Mirroring bullish comments by Maersk and Hapag-Lloyd, container line CMA CGM reports a strengthening market in the fourth quarter.
The carrier sought relief from commission regulations earlier this month as part of its efforts to recover from a crippling cyberattack in late September.
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“This service further connects northeast Florida exporters, including the area’s robust forest products sector, to an important and growing segment of the global economy.”
With two more major carriers actively sharing information, data on nearly half of the world’s ocean container cargo is now available on a single blockchain-based data platform
The U.S. Federal Maritime Commission will consider the French liner carrier’s relief petition to give it time to clean up its systems.
Announcement of IT EVP and chief digital officer appointments doesn’t mention this week’s ransomware attack.
International Maritime Organization website down and CMA CGM continues investigation following ransomware attack
French shipping giant says in a tweet expected some 24 hours earlier that all maritime and port operations are functioning normally.
The French shipping giant’s network is down.
French ocean carrier CMA CGM is diversifying into a multi-modal transport and logistics company, dipping its toe into the air cargo market after buying a huge third-party logistics company last year.
The Jacques Saadé is the first of nine vessels designed to reduce CMA CGM’s environmental footprint.
Analysts point to upside prospects for container-ship stocks as charter rates rebound.
China could decide enough is enough if trans-Pacific rates rise too high.
The 15,072-TEU CMA CGM Brazil earns the honor as the biggest container ship to call the East Coast.
CMA CGM bonds that traded at 55 cents on the dollar in March are now trading near par.
Operating profit “turnaround” of more than $300 million reported.
Multiple Lebanese government agencies may have known dangerous ammonium nitrate was stored in a warehouse.
