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CMA CGM’s proposed acquisition of NOL approved by the European Commission

Marseille (France), April 29, 2016 - CMA CGM, a global leader in container shipping, today announces that it has received approval from the European Commission for its pending acquisition of Neptune Orient Lines (NOL), Southeast Asia’s largest container shipping company (SGX: N03). The proposed transaction was notified to the European Commission on March 8, 2016 and was cleared today following a Phase 1 review, under the condition of NOL’s exit from the G6 shipping alliance, which has been already committed by NOL and CMA CGM.




This year, from May 10th to 12th, 2016, CMA CGM Group will take part for the second time to this UK and Ireland’s premier freight transport, logistics and supply chain management event.