Cochin Shipyard bags $360m order from French firm CMA CGM Group for six LNG-based vesselsCochin Shipyard has secured a significant order worth USD 360 million from France's CMA CGM Group. The deal involves building six LNG-power...
18 Feb, 2026, 08.23 PM IST
France's CMA CGM places first vessel order in IndiaIn a groundbreaking development, CMA CGM, the French maritime powerhouse, has set a precedent by commissioning six liquefied natural gas-po...
15 Oct, 2025, 07.07 PM IST
India secures first global order to build LNG-powered container ships worth $300 millionCMA CGM, a global container carrier, has signed a letter of intent with Cochin Shipyard for six LNG-powered box ships, marking India's firs...
15 Oct, 2025, 12.15 AM IST
Shipping giant CMA CGM and French AI startup target customer service in tie-upAfter drawing massive funding, the AI sector is under pressure to deliver gains, with the emergence of low-cost Chinese AI model DeepSeek u...
06 Apr, 2025, 11.38 PM IST
French shipping giant expects slump in cargo ratesCMA CGM SA anticipates lower ocean freight rates as new vessel deliveries boost capacity impacted by ship diversions to avoid the Red Sea c...
20 May, 2024, 09.43 AM IST
CMA CGM expects Red Sea shipping disruption to last monthsShipping firms are diverting vessels on to the longer, more costly route around southern Africa after Houthi militants in Yemen began drone...
01 Mar, 2024, 09.55 AM IST
Shipping giants want an end date for fossil fuel-only vesselsWhile the shipping sector is making some moves toward decarbonising, progress is relatively limited so far, with the vast majority of the w...
04 Dec, 2023, 09.33 AM IST
Billionaire shipping scion warns of difficult time for industryThe outlook for the shipping sector has darkened considerably in recent months, with some of the largest container lines including A.P. Mol...
20 Nov, 2023, 09.30 AM IST
France's Macron warns against 'punitive' AI regulationThe European Union must avoid overly restrictive regulation of artificial intelligence technologies, French President Emmanuel Macron said ...
17 Nov, 2023, 09.19 PM IST
World’s no. 3 container carrier warns against price warCMA CGM SA’s third-quarter net income fell 94% to $388 million from $7.04 billion in the same three months a year earlier.
16 Nov, 2023, 09.32 AM IST
Shipping giant CMA CGM paints gloomy outlook as profit plummetsThere has been a rapid downturn in the last six months of 2022 which has troubled the container transport industry.
31 Jul, 2023, 08.57 AM IST
France's Mistral AI raises 105 million euros shortly after being set upThe fund-raising highlights the rapid growth of the artificial intelligence (AI) sector as well as Europe's desire to create rivals to Sili...
14 Jun, 2023, 12.32 AM IST
French shipping giant CMA CGM warns demand is deterioratingThe French transporter's gloomy outlook aligns with with European rivals Hapag-Lloyd AG and A.P. Moller-Maersk A/S.
06 Mar, 2023, 09.18 AM IST
Adani's wealth surges $72.5 billion in 2022, equal to that of nine other billionaires combined!According to the data from the Bloomberg index, Adani has added $72.5 billion to his wealth as his fortunes topped the $150 billion mark on...
17 Sep, 2022, 11.49 AM IST
French container line CMA CGM expects shipping slowdown after another strong quarterCMA CGM said economic pressures were starting to be felt in shipping, cooling intense demand for ocean transport since the coronavirus pand...
03 Sep, 2022, 10.16 AM IST
Shipping giant CMA CGM sees softening of global freight ratesThe observations are in line with those of the World Trade Organization, which said this week merchandise trade flows slowed last quarter a...
27 Aug, 2022, 10.14 AM IST
The impression I had of India was wrong. It has changed: Rodolphe Saade"In India, it is becoming increasingly difficult for small to medium-size shipping lines to carry on. Only the big ones will survive."
02 May, 2017, 12.53 AM IST