French liner CMA CGM has completed the acquisition of Air Belgium, adding four more cargo airplanes to its burgeoning airfreight division.
The company said it will retain the Air Belgium brand with the latest acquisition taking its air fleet to nine planes.
Damien Mazaudier, executive vice president of the air division at CMA CGM, stated: “The acquisition of Air Belgium marks an important step in the expansion of the CMA CGM Group’s air freight operations in Europe and worldwide. It immediately strengthens our air capacity while addressing current logistical challenges.”
The fleet will soon be reinforced by an additional Boeing 777F and further expanded from 2027 onward with the arrival of eight Airbus A350Fs.
Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor. He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino.
Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.
ENB Pub Note: Supply lines and manufacturing trading blocs are changing even as we speak. However, the insurance carriers remain the ones in control behind the scenes. We will have more on this story later. […]
French shipping giant CMA CGM has decided to switch a recent order it placed in China for eight methanol-powered containerships to LNG fuel, according to shipbuilding sources. China’s Shanghai Waigaoqiao Shipbuilding, part of CSSC, announced […]
Chinese shipbuilder Hudong-Zhonghua has delivered CMA CGM’s first in a new series of 23,000-teu LNG dual-fuel containerships. The CSSC-controlled shipbuilder delivered the LNG dual-fuel CMA CGM Seine on Tuesday. Last month, this containership competed its […]
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.
