France
-
Europe
‘There will be a wave of consolidation and CMA CGM is on the look out for opportunities’: Rodolphe Saadé
CMA CGM is on the hunt to swallow up other containerlines. Having just digested APL, the French line reckons opportunities…
Read More » -
Europe
France braces for more port strikes this Thursday
France is bracing for more strikes at its ports. Workers belonging to the CGT trade union are set to take…
Read More » -
Europe
Fincantieri and Damen linked with STX France takeover
France’s Le Monde newspaper has identified Dutch firm Damen and Italy’s Fincantieri as two potential buyers of STX France, which…
Read More » -
Europe
NOL’s final day on the Singapore Exchange
France’s CMA CGM has completed the $2.4bn takeover of Singaporean flagship Neptune Orient Lines (NOL). The last dissenting shareholders have…
Read More » -
Europe
CGG forms offshore seismic joint venture in Ghana
French company CGG has signed an agreement with GNPC Operating Services Company (GOSCO), an independent Ghanaian E&P services company, to…
Read More » -
Asia
Sale of STX France expected to resume this month
STX Offshore & Shipbuilding will mount a third attempt to sell of its French subsidiary as early as next week.…
Read More » -
Europe
Bourbon Offshore predicts market bottom
French offshore marine services company Bourbon Offshore has released its latest results today and believes the sector has hit the…
Read More » -
Asia
CMA CGM completes acquisition of NOL
CMA CGM’s voluntary unconditional general offer to buy Neptune Orient Lines (NOL) has closed today. The French carrier now owns…
Read More » -
Americas
CMA CGM to make Kingston its hub for anticipated Panama Canal boom
French container giant CMA CGM is making Kingston Container Terminal in Jamaica its strategic hub for transshipment business anticipated from…
Read More » -
Asia
CMA CGM and PSA confirm container terminal joint venture
CMA CGM and PSA Singapore Terminals have announced the formation of a joint venture company CMA CGM-PSA Lion Terminal to operate…
Read More » -
Asia
CMA CGM takes control of NOL, shuffles the board
CMA CGM has taken majority control of Singapore’s Neptune Orient Lines (NOL, parent of boxline APL. NOL’s majority shareholders –…
Read More » -
Asia
CMA CGM moves to buy up all outstanding NOL shares
French containerline CMA CGM today finally made its all-cash voluntary conditional general offer for all the outstanding shares of Neptune…
Read More » -
Asia
CMA CGM orders four small boxships at Cosco
CMA CGM has ordered four 3,300-teu containerships from Cosco (Zhoushan) Shipyard in China for an undisclosed price. The four vessels…
Read More » -
Europe
Technip secures gas field contract
France’s Technip has announced that it has been awarded a major contract to develop the Bahr Essalam, Phase II development…
Read More » -
Asia
CMA CGM moves to complete NOL takeover
French containerline CMA CGM today announced its firm intention to make an all-cash voluntary conditional general offer for all the…
Read More » -
Dry Cargo
Bolloré in the race for Ilva Servizi Marittimi’s fleet
A few weeks after it emerged among the investors interested in the Molo Settoriale terminal of the port of Taranto…
Read More » -
Asia
Chinese green light CMA CGM’s takeover of NOL
CMA CGM has received today confirmation that its pending acquisition of Neptune Orient Lines (NOL), which runs boxline APL, has…
Read More » -
Europe
Strikes hit French terminals
More strikes hit northern French terminals from early this morning. Workers in the oil sector belonging to the CGT and…
Read More » -
Americas
Technip and FMC Technologies announce $13bn merger
France’s Technip and US-based FMC Technologies have announced they will merge to create TechnipFMC, a move they say will redefine…
Read More » -
Europe
Financing for Bourbon gas carrier move delayed
French offshore vessel operator Bourbon has said that the required financing for the acquisition of the gas activities of Jaccar…
Read More »