Port News & Information Mediterranean, Black & Caspian Seas
Source: Brittany Ferries

French shipper CMA CGM will take 12% stake in Brittany Ferries

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Marseille, France (PortSEurope) March 15, 2023 – The French shipowner CMA CGM is to take a 12% stake in Brittany Ferries, by converting a loan into equity. In September 2021, CMA CGM agreed to make a €25 million investment in Brittany Ferries, including €10 million in quasi-equity. Through this agreement, CMA CGM was seeking to support Brittany Ferries’ post-Covid-19 recovery….

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