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News / CMA CGM to use $18bn profits for further growth and concessions to SMEs

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Photo: CMA CGM © Digitalsignal | Dreamstime.com
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CMA CGM is to ringfence 90% of the $18bn net profit it made last year for growth, including purchasing more ships and equipment, and pledged exclusive space on its vessels to small and medium-sized shippers.

The French line is among major ocean carriers under fire from ...

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