European Commission Approves CMA CGM Acquisition Of Neptune Orient Lines

The proposed voluntary general cash offer for NOL will be launched when all the pre-conditions to the offer as announced on 7 December 2015 have been satisfied or (where applicable) waived.

May 2, 2016

CMA CGM

The Port of New Orleans welcomed a new weekly European service from French container carrier CMA CGM.

The Port of New Orleans welcomed a new weekly European service from French container carrier CMA CGM.

CMA CGM announced that it has received approval from the European Commission for its pending acquisition of Neptune Orient Lines (NOL), Southeast Asia’s largest container shipping company. The proposed transaction was notified to the European Commission on March 8, 2016 and was cleared today following a Phase 1 review, under the condition of NOL’s exit from the G6 shipping alliance, which has been already committed by NOL and CMA CGM.

CMA CGM and NOL will continue to cooperate with the remaining authorities to close their reviews as quickly as possible. The proposed voluntary general cash offer for NOL will be launched when all the pre-conditions to the offer as announced on 7 December 2015 have been satisfied or (where applicable) waived.

Women In Supply Chain Vertical Color

Nominations Close June 7 for 2024 Women in Supply Chain Award

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SCN Summit: State of the Supply Chain

June 4, 2024

Register now to hear from experts about the State of Today’s Supply Chains through topics revolve around Warehouse Automation, Generative AI, Automation, Electrification, Company Culture and more.

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March U.S. Import Container Volume Continues Strong Trajectory

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How Baltimore Bridge Collapse Impacts Movement of Vehicles, Raw Materials and More

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Women in Supply Chain: Ship4wd's Carmit Glik Details Why Small Businesses Make the World go 'Round

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North American Transborder Freight Down 0.1% in December 2023

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RK Logistics Acquires On Time Trucking

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Port Of Long Beach

Biden-⁠Harris Initiative to Bolster Cybersecurity of U.S. Ports

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AI-Driven Solution for Maritime Industry

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The Food Logistics and Supply & Demand Chain Executive team.

Manifest 2024: Automation, Robotics and Puppies, Oh My

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China-U.S. Container Leasing Rates Rise Threefold

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Red Sea Attacks Drive Up Transportation Costs

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