US EditionCMA CGM reflags one of its vessels to Indian flag - India Seatrade News
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CMA CGM reflags one of its vessels to Indian flag - India Seatrade News
Marseille, France-based CMA CGM S A, the world’s third largest container shipping line, will reflag one of its container ships to the Indian flag on April 28 in Mumbai, making it the first big global container carrier to register a container ship in India, a jurisdiction perceived to be tax, lender and regulatory unfriendly for fleet owners. CMA CGM has opened a unit in the Gujarat International Finance Tec-City (GIFT City) christened ‘CMA CGM S…
CMA CGM to reflag box ship as the French carrier eyes growing Indian market - The Loadstar
The box carrier heavyweights appear to be increasingly romancing the Indian market, with trade indicators and investment policies becoming more conducive for growth. One ground-breaking move has come from CMA CGM: according to industry updates, the French liner is set to flag one of its containerships in India, reportedly a ‘first’ by a global mainline carrier. An official ceremony, set up by the carrier with Nhava Sheva Free Port Terminal (NSFT…
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