CMA CGM could build medium-size vessels in US, says Saade
CMA CGM is looking into the possibility of building mid-size vessels in the US, the ...
© Sheila Fitzgerald
By Mike Wackett
CMA CGM saw group revenue contract 43% in the third quarter, compared with the same period of last year, resulting in net income plunging to $388m, contrasting with the huge $7bn profit posted for Q3 22.
“The industry continued to normalise in the third quarter, with a return to pre-pandemic market conditions,” said chairman and CEO Rodolphe Saadé.
“The slowdown in the global economy is expected to continue weighing on our industry in the period ahead,” said Mr Saadé, adding that the ...
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