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FOUND: 2 - You Need To See This

French shipping giant CMA CGM to take Wincanton off London stock exchange in £764.9 million deal

Billionaire French tycoon's firm to snap up 100-year old British delivery stalwart

Evening Standard

French shipping company denies attack by Yemeni Houthis in Red Sea

The French shipping company CMA CGM said one of its container ships in the Red Sea was unharmed after Yemen’s Houthis claimed on Wednesday to have targeted it, as part of its ongoing attack of commercial shipping vessels it considers to be doing business with Israel.

Radio France Internationale

US-led coalition warns Houthis of ‘consequences’ after Red Sea attacks

The Houthis have argued that their attacks on ships linked to Israel are an act of solidarity with Gaza.

Al Jazeera

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More Shipping Giants Suspend Passage Via Red Sea After Attacks

Two more major shipping firms, Mediterranean Shipping Company and CMA CGM, said Saturday they were suspending passage through a Red Sea strait vital for global trade after Yemeni rebel attacks in the area.

International Business Times

Global shipping firms to avoid Suez Canal as attacks from Yemen's Huthi rebels increase

Two more major shipping firms, Mediterranean Shipping Company and CMA CGM, said on Saturday they were suspending passage through a Red Sea strait vital for global trade, after Yemeni rebel attacks in the area.

France 24

France unveils plan to slash shipping industry's carbon footprint

France has unveiled a plan aimed at reducing the carbon footprint of the maritime sector over the next seven years. Boosted by funding of 300 million euros, the industry is looking towards a greener future with the objective of building a zero emission vessel.

Radio France Internationale

Canadian Pacific Inks Multi-Year Deal With CMA CGM

Canadian Pacific Railway Ltd (NYSE: CP) (TSX: CP) established

Benzinga

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Robotic buoys developed to keep Atlantic right whales safe

A Cape Cod science center and one of the world’s largest shipping businesses are collaborating on a project to use robotic buoys to protect a vanishing whale from lethal collisions with ships

The Independent UK

Morning Brief: Top Financial Stories Dominating on Wednesday, May 18

CNBC Toyota Looks To Develop Hydrogen Mobility In Europe

Benzinga

CMA CGM Buys 9% stake In Air France-KLM As Part Of An Air Cargo Partnership

CMA CGM, a French shipping company, invests in Air France-KLM (OTC:AFLYY) as part of an air cargo partnership, counting on growing demands for flying goods worldwide while supply chains remain snarled in the aftermath of the pandemic, Reuters reported. CMA CGM will take up to 9% of Air France-KLM, worth ~€240 million ($252…

Benzinga

Foreign orders boost China shipbuilding firm linked to military

US think tank says shipping firms need to reconsider approach given shipyards links to military.

Al Jazeera

French firm gets contract to run Beirut port container terminal

CMA CGM will manage, operate and maintain the container terminal at Beirut’s port for the next decade.

Al Jazeera

Lebanon Awards CMA CGM Contract for Beirut Port Container Terminal

Lebanon has awarded France's CMA CGM (CMACG.UL) a contract for the management, operation and maintenance of the container terminal in the port of Beirut for 10 years, Public Works and Transport minister Ali Hamie told Reuters on Thursday. A huge explosion at the port in 2020 killed more than 200…

Asharq Al-Awsat

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