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French shipping giant expects slump in cargo ratesCMA CGM SA anticipates lower ocean freight rates as new vessel deliveries boost capacity impacted by ship diversions to avoid the Red Sea c...
Billionaire shipping scion warns of difficult time for industryThe outlook for the shipping sector has darkened considerably in recent months, with some of the largest container lines including A.P. Mol...
World’s no. 3 container carrier warns against price warCMA CGM SA’s third-quarter net income fell 94% to $388 million from $7.04 billion in the same three months a year earlier.
Shipping giant CMA CGM paints gloomy outlook as profit plummetsThere has been a rapid downturn in the last six months of 2022 which has troubled the container transport industry.
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