CMA CGM completes Containerships acquisition

Containerships

CMA CGM has completed its acquisition of container transportation and logistics company Containerships.

The Finnish company offers services and logistics solutions through sea, road, rail and barge in Northern Europe and the Mediterranean.

With the addition of Containerships’ 690 employees, the carrier’s intra-European customers will now benefit from the expertise of 2,700 employees located in 130 offices.

Last year, a combined 2.2m teu was transported on the companies’ intra-European lines.

The acquisition strengthens the French firm’s offer through a combination of the geographical areas covered by Containerships and MacAndrews, which the company acquired in 2002.

The company also helps CMA CGM to pursue its strategy towards the protection of the environment with the addition of four 1,400 teu liquefied natural gas (LNG) fuelled vessels.

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