rss icon Subscribe
desktop mobile

CMA CGM Merges Multimodal Subsidiaries

Photo: CMA CGM, Photo credits: Port of Los Angeles

By Aiswarya Lakshmi

The CMA CGM Group announced it will merge its subsidiaries MacAndrews and OPDR effective January 1, 2018., in line with the Group's strategy to develop its intra-regional activities Headquarters will be located in Hamburg.

The union between these two companies specialized in intra-European transport enables the CMA CGM Group to strengthen its multimodal offer in Europe, particularly thanks to the complementarity of the geographical zones covered today by MacAndrews and OPDR, iCMA CGM said.
MacAndrews will bring together the strengths of the two subsidiaries and will be characterized by: a presence in 16 countries, 36 agencies, 595 employees (310 OPDR / 285 MacAndrews) and 18 services.
Acquired by CMA CGM in 2002, MacAndrews is the oldest shipping company in Europe. It offers rail, land and maritime transport services to customers and is a specialist in container transport on short-sea routes as well as multimodal solutions in Europe.
MacAndrews connects Great Britain, the Iberian Peninsula and Poland. OPDR, acquired by the CMA CGM Group in 2015, is an expert in intra-European short-sea transport and logistics. OPDR mainly covers Central Europe, Spain (including the Canary Islands), Portugal and Morocco.
Employment in each entity, as well as existing services, will be maintained.

Nov 30, 2017

 

Intermodal

GE Transportation to Supply Freight Locomotives to Ukraine in USD 1bln Deal

Photo: GE Transportation

GE Transportation signed a $1 billion framework agreement in Ukraine, marking a major milestone

AP Moller-Maersk Planning Roadshow ahead of Euro Benchmark

File Image: A Maersk boxship alongside and working cargo. CREDIT: HR Wallingford

A.P. Møller - Mærsk A/S rated Baa2/BBB (on review for possible downgrade/CreditWatch negative) by

DP World Accuses Djibouti of Seizure of its Dorelah Port

File Image: a typical DP World terminal.

Dubai-based port operator DP World accused Djibouti of illegally seizing control of Doraleh

Logistics

Dry Bulk Market Looks Up: J. Lauritzen

Lauritzen Bulkers. Photo:  J. Lauritzen

Both the dry bulk market and the market for small gas carriers are anticipated to benefit from

CMA CGM Plans Multi-Temperature Logistics Facility at DP World

Photo: CMA CGM

CMA CGM, a world leader in maritime transport, is to take a long-term lease and invest in a

PIL, PSA, IBM Conclude Successful Blockchain Trial on Chongqing-Singapore Route

Image:  Pacific International Lines Pte Ltd

Singapore’s Pacific International Lines (PIL), port operator PSA International, and technology

Maritime Apps