Another CMA CGM vessel heading for Suez Canal – 'to mitigate schedule delay'
Following the Suez Canal Authority’s decision to offer a 15% rebate on transit fees for ...
Possibly monumental, if it proves to be true – the French shipping line is said to be undertaking due diligence having made a preliminary offer for Singapore shipping line, which is 67% owned by Singapore’s sovereign wealth fund, Temasek Holdings, and the remainder floated on the local stock exchange. Such a takeover would cement CMA CGM’s position as the third-largest shipping line, with a likely 13% market share. And to think it is less than five years since CMA CGM ...
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