ShippingWatch

CMA CGM bids USD 2.4 billion for NOL

On Monday the French container carrier announced its takeover bid for a controlling stake in Singapore-based carrier Neptune Orient Lines (NOL), reports Bloomberg.

The world's third-largest container carrier, CMA CGM, on Monday bid USD 2.4 billion for Singapore-based Neptune Orient Lines, NOL, reports Bloomberg News.

The news agency earlier on Monday was able to quote sources familiar with the process stating that the bid was underway.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

One alternative fuel may be particularly dangerous

In a new study – which Maersk, Shell, Euronav and MSC Ship Management, among others, are behind – the new alternative fuels are ranked based on how dangerous they are. The industry has to be careful with one of them, in particular.

Further reading

Related articles

Latest news

See all jobs