Entre Le Havre et Rotterdam
The CMA CGM AMERIGO VESPUCCI in the port of Rotterdam

CMA CGM and Zim each posted first-quarter losses last week.

Both pinned the blame on escalating fuel costs, joining their container shipping peers in what has been a dismal first quarter.

CMA CGM chairman and chief executive Rudolphe Saade said of the line’s net loss of $77m: “The shipping industry is ...

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