CMA CGM overtakes Maersk with major logistics acquisition

With the purchase of Bolloré Logistics, CMA CGM could soon outgrow Maersk within logistics. The Danish rival is unlikely to react, though, say analysts.

CMA CGM is owned by the French Saadé familiy, headed by Rodolphe Saadé. | Photo: Thibault Camus/AP/Ritzau Scanpix

by TOMAS KRISTIANSEN, DAG HOLMSTAD

French shipping group CMA CGM could surpass Maersk and other rivals in the logistics area with a new acquisition, which the family owned company deems its biggest transaction since being founded in 1978.

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CMA CGM overtakes Maersk with major logistics acquisition

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Rodolphe Saadé has a special gift that bests both Maersk and DSV

Clerc recognizes strain on employees during crucial phase for Maersk

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Front page now

Jan Rindbo warns against tunnel vision: "The honest answer is that none of us know what we'll be sailing on"

A simple reason could explain low dry bulk rates despite good demand

Dubai challenges Singapore as shipping's favorite city

Opinion: Europe's key ports have become better connected after Covid

Cosco to build production chain for green methanol

Russia’s diesel ban threatens to roil global markets – if it lasts

TotalEnergies chief exec: Unreasonable to ban Russian LNG before 2025

John Fredriksen has increased his wealth by NOK 81bn this year

Hapag-Lloyd rolls out Starlink internet to entire fleet

European Energy gets new partner for methanol plant

CMA CGM and Maersk will need help in new green lobbying alliance

Habben Jansen calls on energy majors to do more for the green transition

Further reading

DSV builds yet another warehouse in Singapore, creating 300 jobs

Major tax case against Maersk set to be decided this week

MSC to buy half of top port operator in Hamburg

Logistics company acquires major Swedish container transporter

Swire Shipping's CO2 footprint increased by 42 pct. in 2022

Another exec leaves Hamburg Süd and the era of the red ships

Jobs