Zim scales up its box ship fleet to challenge its liner rivals
Israeli carrier Zim achieved the biggest jump in average vessel capacity among the top ten ...
“This transaction (…) is an important step in our 2.1bn U$ liquidity plan and will allow us to strengthen our balance sheet. Amid the high uncertainty created by the COVID-19 health crisis, the closing of this transaction as previously announced demonstrates the resilience of the CMA CGM Group.”
– Chairman and CEO Rodolphe Saadé, whose remarks were taken from “CMA CGM completes a first transaction (…) sale of eight port terminals to Terminal Link for $815m in cash”, dated 26 ...
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Container manufacturers tell customers they are ‘sold out’ until mid-October
Transpacific rates war breaks out as new arrivals undercut major liners
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Bust-to-boom-to-bust: the cyclicality of air cargo growth patterns
Strike at major Indian ports called off, but supply chain challenges remain
Transhipment boom at port of Colombo fades as the competition grows
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