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Hours spent wondering why not all vessels hedge Red Sea risk in the same way, ended up with me talking French roulette* and air freight only a week after the (operational) divorce of the vertically-integrated French carrier from Air France-KLM was disclosed.

(*CMA CGM apparently being one outlier… never mind?)

In a risk-on move where mastermind Rodolphe Saadé (pictured below) is building his own logistics empire, there’s no time even for a fag break ahead of the closing, expected within a month ...

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