Port News & Information Mediterranean, Black & Caspian Seas

CMA CGM sells its 50% stake in Russia’s Logoper for €1

Posted on

Marseille, France (Ports Europe) May 4, 2023 – CMA CGM, the French logistics and shipper, has sold its 50% stake in Logoper , Russia’s top 5 container carrier, for €1. The seller is CMA CGM’s local business partner Aleksandr Kakhidze, a businessman and former Russian Railways (RZD) executive. The terms of the sale include that CMA CGM can return to its business in…

Subscribe or log in to continue reading
PortSEurope offers an English-language daily coverage from over 200 ports in the Mediterranean, Black and Caspian Seas as well as a fully indexed and easily searchable database with more than 15,000 articles.

Subscribe to weekly news

We keep you informed on the top European port news.