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CMA CGM Enters Total NOL Takeover Mode

French container carrier CMA CGM S.A. has reported that its all-cash voluntary unconditional general offer for Neptune Orient Lines Limited (NOL) closed on July 18, 2016, with CMA CGM now owning approximately...

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Drewry: Bad Time to Own Old Boxships

More containership capacity is being demolished than ever before, including old-design ships made redundant by the new Panama Canal; however, the trend will not make a significant impact on the current capacity surplus unless...

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