France
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Ports and Logistics
CMA CGM buys into HMM’s Algeciras terminal
HMM has sold CMA CGM a 50% stake minus one share in Total Terminal International Algeciras (TTI Algeciras), a container…
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Offshore
Oceanteam and Bourbon defer repayment on joint venture vessels
Oceanteam and Bourbon, the joint owners of CSVs Bourbon Oceanteam 101 and CSV Southern Ocean, have entered into an agreement…
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Dry Cargo
Louis Dreyfus sells handymax
French shipping and chartering powerhouse Louis Dreyfus has completed a rare ship sale, selling a three-year-old handymax, the 43,400 dwt…
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Environment
CMA CGM and NYK sign up to the Hydrogen Council
CMA CGM, Nippon Yusen Kaisha (NYK), the Port of Rotterdam and TechnipFMC are among the latest companies to sign up…
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Containers
CMA CGM joins fight to stop illicit trafficking in protected species
French container shipping line CMA CGM is joining the fight to stop illicit trafficking of protected species. As part of…
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Offshore
CGG acquires stake in autonomous robot startup
French offshore survey service provider CGG has announced its seismic equipment unit Sercel has acquired a 34% shareholding in AMBPR,…
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Containers
CMA CGM imposes Cape Town emergency coronavirus congestion surcharge
Starting today, French container shipping giant CMA CGM is imposing an emergency congestion surcharge for calls at Cape Town, a…
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Offshore
TechnipFMC secures major Equinor contracts
Offshore engineering specialist TechnipFMC has been awarded a letter of intent from Equinor for pipelaying and subsea installation for three…
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Europe
Macron vows to support maritime post-Covid
French president Emmanuel Macron addressed the nation yesterday in a prime time TV slot in which he promised to support…
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Europe
Perenco closes in on asset play for its only VLCC
French oil and gas player Perenco is attempting a giant asset play, a rare move by the vintage tanker specialist.…
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Europe
Nexans Norway secures Seagreen offshore wind contract
Nexans Norway has been awarded a design, engineering, production and installation contract to supply cables to the Seagreen project off…
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Europe
Rodolphe Saadé vows to make CMA CGM carbon neutral by 2050
Rodolphe Saadé was among a high-level Zoom panel speaking yesterday at the United Nations Global Compact gathering during which he…
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Europe
Bouygues, Saipem and Boskalis awarded Fecamp wind farm foundations contract
Bouygues Travaux Publics, Saipem and Royal Boskalis Westminster in consortium have been awarded a contract by Eoliennes Offshore des Hautes…
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Europe
Rodolphe Saadé backs UN call for green recovery aid
CMA CGM was among 155 companies — with a combined market capitalisation of over $2.4trn – to sign a statement…
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Europe
CMA CGM secures $1.14bn loan and state guarantee
France’s CMA CGM, the world’s fourth largest containerline, has secured a state loan guarantee linked to the coronavirus crisis, with…
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Europe
Fugro secures ROV contract from Global Marine Group
Offshore service provider Fugro has secured a long-term contract for two remotely operated vehicles (ROVs) with Global Marine Group (GMG)…
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Europe
APL bows out of Indian subcontinent, Middle East and Latin American trades
Within the next six weeks, APL, a shipping brand that dates back to 1848, will only serve the transpacific and…
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Europe
Ballast water treatment firm developing coronavirus killer
A company involved in treating ballast water has mutated its research and development focus to tackle Covid-19. BIO-UV Group, a…
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Europe
TechnipFMC secures major EPCI contract from Woodside
TechnipFMC has been awarded a significant integrated engineering, procurement, construction and installation (iEPCI) contract by Woodside Energy for the development…
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Europe
Rodolphe Saadé urges for supply chain rethink post-coronavirus
Rodolphe Saadé has issued a video on the CMA CGM website outlining his vision of a more equitable and resilient…
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