CMA CGM Plans Fleet Redeployment to Avoid U.S. Port Fees on Chinese Ships

French shipping giant CMA CGM plans to reorganize its global fleet to avoid new U.S. port fees targeting Chinese-built vessels, which will take effect in October as part of the U.S. government's efforts to reduce dependence on Chinese shipbuilding and bolster domestic maritime operations. The company, with a fleet of approximately 670 ships of which less than half are Chinese-built, is confident it can adapt its operations to avoid these fees. Adjustments made by Washington following industry backlash have lessened the anticipated impact of the fee scheme, though all shipping firms, including Chinese giant COSCO, will need to adjust. CMA CGM reported a 4.2% year-on-year increase in maritime volumes in the first quarter, partially driven by a rush to ship goods ahead of the U.S. tariffs announcement, and has committed to a $20 billion investment plan in the U.S. The company, controlled by the French-Lebanese Saade family, is also expanding its logistics and media operations and remains optimistic about a resurgence in trade activity following a temporary easing of Sino-American tariffs. These strategic moves position CMA CGM to navigate ongoing trade tensions and capitalize on growth opportunities in the global shipping industry.