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JOC’s Mark Szakonyi reports:

Nearly a dozen years after rescuing CMA CGM and enjoying billions of dollars in windfall, Robert Yildirim says the Marseille-based company is now “too big to fail.”

Insulated with $10 billion in net cash and diversification into logistics and air cargo, CMA CGM Group is on far higher ground than 12 years ago when he took an initial 20 percent share, said Yildirim, the CEO and president of Yilport Holdings. CMA CGM and the larger container shipping industry ...

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