France
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Containers
CMA CGM wraps up $5.2bn Bolloré Logistics acquisition
French liner CMA CGM has completed the acquisition of family-run conglomerate Bolloré Logistics for €4.85bn ($5.25bn). The Bolloré Group said…
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Ports and Logistics
US logistics firm GXO tops CMA CGM’s offer for Wincanton
The bidding war for UK logistics player Wincanton is heating up, with US-based warehousing firm GXO Logistics surpassing an offer…
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Ports and Logistics
CMA CGM raises its bid for UK logistics firm Wincanton
French carrier CMA CGM has increased its offer to buy Wincanton to about $766m in cash as the UK logistics…
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Containers
MSC approaches market share milestone
Gianluigi Aponte-founded Mediterranean Shipping Co (MSC) stands on the threshold of another growth landmark, set to become the first liner…
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Operations
K Line buys French kite manufacturer
The biggest client of a ship kite system originally developed by Airbus has become such a fan that it has…
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Containers
CMA CGM unveils new-look boxship
From yards in Asia, new look containerships are emerging from drydocks as the sector ushers in a greener era, spending…
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Containers
CMA CGM faces Polynesian hurdle in its pursuit of Bolloré Logistics
French liner CMA CGM has fallen foul of competition authorities in Polynesia in its bid to take over Bolloré Logistics.…
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Environment
Norsepower seals largest wind-assist contract to date
French shipowner Louis Dreyfus Armateurs (LDA) will install Norsepower Rotor Sails on a new low-emission roro fleet to be chartered…
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Offshore
TotalEnergies buys 75% stake in Vantage drillship for $200m
French energy major TotalEnergies and offshore driller Vantage Drilling have signed a binding agreement to create a new joint venture…
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Middle East
CMA CGM crews seek dialogue on Red Sea transit policy
Crew working for the global liner company which has stuck the most steadfastly to Red Sea transits are remonstrating with…
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Gas
French unveil large hydrogen carrier design
A French quartet with huge gas expertise have unveiled a preliminary design of a 150,000 cu m liquefied hydrogen carrier. …
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Containers
CMA CGM readies methanol retrofits
CMA CGM has signed up a series of containerships for a methanol dual-fuel revamp in China, joining the likes of…
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Renewables
TotalEnergies enters Nordic offshore wind partnership
French Energy major TotalEnergies has signed a new agreement with Danish renewables company European Energy to develop offshore wind projects…
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Ports and Logistics
CMA CGM ramps up UK logistics push with Wincanton takeover bid
French carrier CMA CGM has moved to buy UK logistics firm Wincanton for about $719m in cash. The offer has…
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Containers
CMA CGM ends cargo alliance with Air France-KLM
French carrier CMA CGM and Air France-KLM have agreed to cease their air cargo partnership, citing regulatory restrictions. The partnership…
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Operations
Louis Dreyfus Armateurs selects shipyard for wind-assisted roros backed by Airbus charter
French family-owned shipowner Louis Dreyfus Armateurs (LDA) has selected China’s Wuchang Shipbuilding to build three roro vessels which will serve…
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Offshore
Jifmar takes over Acta Marine workboat business
French marine contractor and vessel operator Jifmar Offshore Services has snapped up all workboat activities of Dutch offshore shipowner and…
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Renewables
French engineering group SPIE sets sights on offshore wind with Corell takeover
French engineering group SPIE has sealed a deal to take over UK-based offshore wind engineering, installation, and maintenance firm Correll…
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Containers
Nestlé fixes alternative fuel contracts with Maersk, CMA CGM and Hapag-Lloyd
Nestlé, the world’s largest food and beverage company, has teamed with Maersk, CMA CGM and Hapag-Lloyd to move the equivalent…
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Europe
MSC bids for French logistics player
Cash-rich Mediterranean Shipping Co (MSC), the world’s largest containerline, has made a bid for Clasquin, a French logistics company. Clasquin…
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