CMA CGM on Wednesday announced the acquisition of German short-sea shipping line OPDR in the latest move by the French carrier to boost its share of the fast growing intra-European container shipping market.

More from

Hamburg increased container traffic by 6.4 percent in the first three quarters, closing the gap with Rotterdam, the European market leader, and stretching its lead over third-ranked Antwerp.
Clarksons, the world’s largest shipbroker, is paying £281.2 million [US $440 million] for its Oslo-based rival RS Platou, in a record deal likely to accelerate consolidation in the sector.
Maersk Line’s chief executive said the carrier would settle for lower margins if this meant more of its competitors were profitable, reflecting concerns that while the largest carriers are profitable...
CMA CGM’s net income almost tripled in the third quarter as the French carrier’s container volume surged to an all-time high. The results support the trend in which the largest carriers in the world...
The port of Antwerp is at a standstill as dockers stage a 24-hour strike to protest the Belgian government’s austerity program aimed at reducing the country’s soaring national debt.
DFDS’s third quarter profit soared 17 percent even as northern Europe’s leading short-sea shipping and logistics operator closed routes and rejigged its network as Russian sanctions hit its key...
Zim Integrated Shipping Services’ net loss narrowed in the third quarter as the Israeli ocean carrier started to benefit from a $3.4 billion debt restructuring.
Port of Ningbo, China
North America has “Third World” ports that charge carriers “very high costs for very low efficiency,” a senior executive of United Arab Shipping Co. says.
Ports are set to dominate container shipping strategy with the focus on terminal productivity and capacity expansion, industry analysts said at the JOC Group’s Port Performance Conference Europe in...
The new ocean carrier alliances set to launch in 2015 will operate more reliable schedules, removing a major factor behind the congestion that has plagued major container ports this year, marine...