Grimaldi Lines Photo 193564066 © Magiorestock Dreamstime.com

French container carrier CMA CGM, already spreading its wings by entering the air cargo and logistics markets, is looking to charter four vessels, according to a well placed Loadstar source, in an attempt to benefit from the booming car-carrying trade.

The car-carrier market has been red hot since last year, as reported by The Loadstar, with operators struggling with full ships, forcing shippers to book space three months or more in advance.

It has seen rates soar to new highs, boosting profit ...

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