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CMA CGM wins Morocco's Comanav.
(From Lloyds List)
FRANCE'S CMA CGM is to acquire Moroccan national shipping company Comanav for Dirhams2.25bn ($268m) but has declined to name its partners in the operation, writes Andrew Spurrier in Paris.
The French group is to pay barely more than the Dirhams2.2bn minimum price set for the company by the Moroccan government.
The company indicated that it is not alone in the operation but the head of a consortium.
On Friday, however, a group spokesman declined to give the name of the group's partners until the takeover is completed, probably in about two months.
CMA CGM said, 'This company is of great interest to CMA CGM as it ...
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- News wire article from: AsiaPulse News October 14, 2009 700+ words
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- CMA CGM Launches First INTTRA eInvoice Platform in North America.
- Press release article from: Business Wire October 13, 2009 700+ words
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- Press release article from: PR Newswire September 10, 1999 700+ words
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- Newspaper article from: Manila Bulletin November 13, 2009 700+ words
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- Press release article from: Business Wire December 5, 2001 700+ words
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- CMA CGM, CSAV, China Shipping merge services.(Shipping)
- Newspaper article from: Manila Bulletin July 11, 2009 700+ words
CMA CGM, CSAV and China Shipping are merging two...The new service will replace the joint CMA CGM-China Shipping PEX2 loop, which China...in Savannah, Charleston and New York.CMA CGM said the as-yet-unnamed service will...
- CMA CGM adding calls to Port of New Orleans
- Newspaper article from: New Orleans CityBusiness October 14, 2009 700+ words
Container shipping company CMA CGM said it is adding weekly port calls to...the roughly 11 U.S. ports called by CMA CGM. "It has been a difficult four years...said Frank Baragona, president of CMA CGM's American operations. "The community...
- Alan Gavin to retire, succeeded by CMA-CGM's Tom Boardley.
- Press release article from: M2 Presswire December 12, 2008 700+ words
...Alan Gavin to retire, succeeded by CMA-CGM's Tom Boardley(C)1994-2008 M2...classification. He will be succeeded by CMA-CGM's Tom Boardley. Alan is a highly respected...the shipping industry. Currently CEO of CMA-CGM (UK), Tom is the senior representative...
