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CMA CGM acquires Finnish logistics company

CMA CGM buys family-owned logistics company Containerships in a move that will strengthen the French liner major on North European shortsea routes, including in the Baltic Sea.

Photo: /ritzau/AP

CMA CGM, the world's third-largest liner shipping company, acquires Finnish logistics company Containerships, which will become part of CMA CGM.

Containerships has existed since 1966, employs 560 people and specializes in shortsea jobs. The company's is particularly strong in the Baltic Sea, Russia, North Europe, North Africa and Turkey, and Containerships provides shipping services at sea, by truck, rail and barges.

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