French shipping group CMA CGM to form new venture with Ethiopian firm MACCFA

Addis Ababa — France’s CMA CGM has signed a letter of intent to form a joint venture with Ethiopian company MACCFA, as well as a letter of intent with ESLSE to manage Ethiopia’s Modjo port, according to a document made available by the French President’s office. Marseille-based CMA CGM, one of the world’s largest container … More »