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MARSEILLE: June 20, 2018. CMA CGM is to acquire Containerships, a Finnish shipping and logistics company specializing from Container Finance Ltd. Oy.

Containerships OYThe acquisition is subject to approval by the relevant authorities.

Founded in 1966, Containerships is an Intra-European shortsea specialist with a strong presence in the Baltic market, Russia, Northern Europe, North Africa and Turkey.

The company provides a complete range of logistics services via ship, truck, rail and barges.

Containerships’ network will complement CMA CGM and its affiliate MacAndrews’ service in North Europe and the Mediterranean. The company will take delivery of four LNG-fueled vessels between August 2018 and January 2019.

CMA CGM Group provides shortsea operations via subsidiaries CNC in Intra Asia, Mercosul, one of the leading players in Brazil’s domestic container shipping market, Sofrana, a key player in the Pacific Islands regional maritime trade, and MacAndrews in Europe.

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