marine link image
REGISTER NOW FOR the Port of the Future Conference • 2 Days, 50 Ports • Houston, TX • March 24–25, 2026

CMA CGM Ups Its Stake in Ceva Logistics

October 17, 2018

(Photo: Eric Haun)
(Photo: Eric Haun)

French shipping group CMA CGM has obtained a further 4.56 percent stake in CEVA Logistics AG , the Swiss transport group which rejected a bid from Denmark's DSV, Ceva said on Wednesday.

"The company has further been informed that CMA CGM entered into a derivative transaction related to the shares of the company with cash settlement (Total Return Swap) giving CMA CGM an additional economic exposure of 4.56 percent in CEVA Logistics' share capital," Ceva said in a statement.


(Reporting by Sudip Kar-Gupta)

Logistics News

Pilbara Ports Signs Ammonia Bunkering MoU

Pilbara Ports Signs Ammonia Bunkering MoU

EU Unveils Ports Strategy

EU Unveils Ports Strategy

Insurance Broker Marsh Meets US Officials to Discuss Iran War

Insurance Broker Marsh Meets US Officials to Discuss Iran War

Exxon to Send its First Fuel Shipment from US Gulf Coast to Australia

Exxon to Send its First Fuel Shipment from US Gulf Coast to Australia

Subscribe for Maritime Logistics Professional E‑News

Airline share prices rebound after a resumption of Middle East flights
GAIL, India's gas utility, is considering reducing its supply to customers following the Petronet LNG forced majeure
US lawmakers express concern about Intel's testing tools from a China-linked firm