Port News & Information Mediterranean, Black & Caspian Seas

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

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Marseille, France (PortSEurope) 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 Russia if…

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