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 ...
“This transaction (…) is an important step in our 2.1bn U$ liquidity plan and will allow us to strengthen our balance sheet. Amid the high uncertainty created by the COVID-19 health crisis, the closing of this transaction as previously announced demonstrates the resilience of the CMA CGM Group.”
– Chairman and CEO Rodolphe Saadé, whose remarks were taken from “CMA CGM completes a first transaction (…) sale of eight port terminals to Terminal Link for $815m in cash”, dated 26 ...
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