Container spot rates have peaked as all major trades see prices fall
There was more evidence in this week’s container port freight markets that peak prices on ...
Straight to the podium today:
1) Gold Medal: goes to Robert Yildirim for his smart investment in CMA CGM back in the post-financial crisis dark days of box shipping…. Last week’s interview with the JOC – in which he estimates the value of his shares in CMA CGM (24%) as worth $22bn – shows it to be one of the best investments ever: he paid $500m for 20% in 2010.
2) Silver Medal: to CMA CGM CEO and major shareholder Rodolphe Saadé ...
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