• 2015 April 29 16:43

  CMA CGM Group's subsidiary buys strategic stake in India's LCL Logistix

  

  The CMA CGM Group, one of the world’s leading global containers shipping companies, is pleased to announce that it took a strategic stake in the 25-years old company LCL Logistix, one of India’s logistics leaders, via the Group’s subsidiary specialized in freight forwarding and logistics solutions, the Group said on Monday.
  
  "CMA CGM LOG reinforces its position in India and will leverage LCL Logistix’s Indian network as well as its presence in Canada, in the United States and in East Africa to accelerate its development. Thanks to this strategic stake, CMA CGM LOG expands both its product offering and its geographic coverage, including in emerging countries where logistics solutions demand is high," the Group's press release said.
  
  Created in 2001, CMA CGM LOG is the CMA CGM Group’s subsidiary specialized in freight forwarding and logistics solutions. Its 500 experts offer logistics solutions that are complementary to maritime services in 32 countries, including air freight, multimodal transport, custom clearance, warehousing and distribution… After a sustained growth in 2014 and the opening of offices in 6 new countries, CMA CGM LOG accelerates its development in 2015.
  
  LCL Logistix is a freight forwarding leader in India based in Mumbai. LCL revenues amounted to circa USD 120 million for the fiscal year 2014. Present across India, LCL Logistix also operates 3 CFS in strategic locations: in Nhava Sheva, where CMA CGM has vessels calling, in Haldia (West Bengal) and in Pipavav (Gujarat). As a logistics specialist, LCL Logistix has a 25-years old expertise and a 42 office network in India and abroad. In order to pursue the company’s development, its management team will be maintained.
  
  Marseille-headquartered CMA CGM was founded in 1978 by Jacques R. Saadé. Today the French company has become the world’s third largest container shipping group and number one in France operating across the world’s oceans. It is also one of the first global shipping operators to have control over the whole logistics chain offering a door-to-door service that integrates both inland waterway transport (River Shuttle Containers) and railways (CMA Rail), as well as port handling facilities and logistics on land.

---

2024 April 26

12:39	SSK shipyard launches the Project 14400 support ship Nikolai Kamov in the Nizhny Novgorod region
12:33	Six companies start a joint study for the establishment of an ammonia supply chain based in the Tomakomai area of Hokkaido
11:52	European shipowners welcome 40% production benchmark for clean shipping fuels in Europe
11:14	Greek shipowners leaders in the secondary market once again
10:08	MPCC secures ECA-covered sustainable financing for its dual-fuel methanol newbuildings
09:38	Romanian port of Constantza to receive a new oil products terminal

2024 April 25

18:07	MSC collaborates with GSBN to trial integrated safe transportation certification verification process
17:23	China launches construction of cutting-edge marine research vessel
17:06	CMA CGM and Bpifrance launch €200mln fund to decarbonize French maritime sector
16:46	Avenir LNG orders two 20,000 M3 LNG bunker delivery vessels
16:05	Port of Amsterdam revenues up to €190.4 million in 2023
15:46	OOCL launches Transpacific Latin Pacific 5 to offer express linkage between Asia and Mexico
15:23	MOL is 1st Japanese shipping company to raise funds through transition linked loan using performance-based interest subsidy system
14:53	Trident Energy enters the Republic of Congo with strategic deal
14:21	LNG-powered ship moored in Koper for the first time
13:38	MABUX: Bunker Outlook, Week 17, 2024
13:32	The Grimaldi Group's Great Abidjan delivered in South Korea
13:12	European Parliament updates trans-European transport network guidelines
12:40	ClassNK releases route correction factors calculation tool "WACDAS"
12:10	MOL and Gaz System enter into agreement on FSRU project in Gdansk, Poland
11:31	Wartsila Gas Solutions to supply cargo handling system for a new 12.5k LNG bunkering vessel for Scale Gas
11:09	Wartsila secures China’s largest-ever methanol newbuild order
10:42	Valencia port community increases waste recovery by 75%
10:22	Kongsberg completes factory acceptance testing of the first production long-range autonomous underwater vehicle system HUGIN Endurance
09:53	Vladimir Putin: The BAM carrying capacity to reach nearly 42 million tonnes in 2024
09:47	Hanwha Ocean reports an operating profit of $38.6 mln on a consolidated basis in January-March 2024

2024 April 24

18:02	Incat to commence design study for new electric-hybrid ferry in partnership with DFDS
17:39	FESCO's 2023 revenue was up 6% Y/Y to RUB 172 billion
17:20	Peninsula adds chemical tanker Aalborg to supply in the Port of Barcelona
17:17	NCSP Group’s Q1 net profit rises 1.9 times to RUB 4.8 billion
17:03	AtoB@C Shipping reveals names for the rest of its new hybrid vessels
16:45	Red Sea conflict brings massive carbon emissions increases in ocean freight shipping
16:17	Wallenius Wilhelmsen signs a 20-year lease agreement with the Georgia Ports Authority
15:46	AD Ports Group secures a 20-year agreement to operate and upgrade Luanda multipurpose port terminal in Angola
14:43	Hengli Heavy Industries receives an order for four bulkers from Ciner Shipping
14:27	TotalEnergies, OQ to launch $1.6bn LNG bunkering project in Oman
13:54	Major shipping companies may resume limited calls to the Port of Baltimore
13:10	HD HHI inks MOU with Philly Shipyard for US vessel MRO business
12:45	MSC adds King Abdul Aziz Port in Dammam to its East Africa Express service
12:16	Norton Rose Fulbright advises Citibank on $450m facility for Danaos Corporation to acquire eight newbuild vessels
10:40	DEME and Jan De Nul build the foundation for an energy island on behalf of Elia Transmission
10:08	Salzgitter AG and Uniper SE sign pre-contract for the supply and purchase of green hydrogen
09:18	Norwegian Cruise Line and Fincantieri float out the first ship of the extended Prima Plus Сlass

2024 April 23

18:02	SFL acquires two LNG dual-fuel chemical carriers in combination with long term employment
17:31	Pioneering Spirit completes its first pipeline pull-ins in Kalsto, Norway
17:04	Valenciaport admits the four bids for the construction of the North Terminal
16:54	Vancouver welcomes its first resident battery electric tugs
16:24	Shanghai Port and Lianyungang Port strengthen partnership
15:44	WinGD to debut short-stroke engine design after successful shop test
15:24	Overseas Shipholding Group awarded federal grant to design marine transport for liquified CO2 captured by Florida’s largest emitters
14:53	H2Carrier to establish Norway's first integrated PtX and wind power project
14:23	IBIA and BIMCO sign collaboration deal
13:52	Container ship Xin Xin Shan arrested in Singapore
13:22	MOL to merge its subsidiaries in the Philippines
12:53	Haiti fuel terminal operations halted as gangs seize trucks
12:30	HHLA acquires interest in Austrian intermodal service provider Roland
11:42	South Korean yards built 500 LNG carriers for export in 30 years
11:19	Wartsila to provide a range of solutions for the six PCTCs being built for Sallaum Lines
10:36	Thecla Bodewes Shipyards successfully launches 'Vertom Anette’ for Vertom Group
10:12	Carras Aquataurus becomes world’s first vessel to earn ABS Biofuel-1 notation

2024 April 22

18:10	Cosco Shipping and Shenzhen port partner for automobile exports
17:42	SBM Offshore signs a US$250 million short-term corporate facility
17:06	MSC Group, MSC Foundation and Mercy Ships to build a hospital ship
16:45	Port of Valencia container volumes up to 459,749 TEUs in March 2024
16:13	TotalEnergies launches the Marsa LNG project and deploys its multi-energy strategy in the Sultanate of Oman
15:24	ABS and DOE sign MOU to collaborate on clean energy development and maritime decarbonization research
14:51	MOL becomes first Japanese operator to commercially install onboard CO2 capture system
14:24	Wartsila receives contracts to supply cargo handling and fuel gas supply systems for three new VLECs
13:54	Yang Ming revamp Far East-East Coast of South America Service
13:24	Cunard officially welcomes new ship Queen Anne with ceremony at Fincantieri shipyard