Clean Break: the company completely halting Russian engagements or exiting Russia
Leave WithdrawalCMA CGM Group is a French shipping company primarily engaged in container shipping.
Clean Break: the company completely halting Russian engagements or exiting Russia
Leave WithdrawalSuspended bookings to and from Russia. CMA CGM agreed to exchange its 25% stake in Russia’s Yanino Logistics Park and Moby Dik ocean terminal for an additional 25% stake in Finnish terminal operator Multi Link Terminal. CMA CGM Completes Russia Exit: French-based shipping group CMA CGM has completed its withdrawal from the Russian market by divesting stakes in terminals through an asset swap, the company said. But local company "CMA SIGEEM RUS" stil has foreign ownership.
January 05, 2023 | CMA CGM Completes Russia Exit |
December 30, 2022 | CMA Terminals divests jointly-owned Russian assets in a share swap with Global Ports |
March 03, 2022 | World’s largest shipping companies suspend bookings to and from Russia |
March 02, 2022 | Russia cut off from world trade in goods |