CMA CGM has agreed another takeover, this time of Finnish short-sea specialist Containerships.

The French liner giant has struck a deal with Containerships' owner Container Finance to buy its vessel and logistics businesses, as well as Container Finance's holdings in Multi-Link Terminals and CD Holding.

"The Finnish company is specialised in the intra-European market and will strengthen CMA CGM’s intra-European offer," CMA CGM said.