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CMA CGM invests in US freight terminal and high tech

Author:   Posttime:2021-12-06

FRENCH shipping giant CMA CGM is acquiring a 90 per cent stake in the Fenix Marine Services (FMS) terminal in Los Angeles, reports UK's Handy Shipping Guide.

Meanwhile CMA CGM gave an update to its plans, first launched in Marseilles in conjunction with other French groups, Engie, Metropole Aix-Marseilles-Provence, and TotalEnergies to develop a synthetic methane production and distribution industry that can be used by the shipping sector.

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