CMA CGM braces for an even greater financial hit from French windfall tax
French MPs have amended a bill before parliament that would make a temporary windfall tax ...
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“The CMA CGM Group has undertaken a number of strategic moves in recent months, including the acquisition of CEVA Logistics and regional short-sea players such as Mercosul and Containerships and the modernization of its fleet. To adapt to the changing market, the Group is now taking a new step in its transformation by consolidating its development and implementing an ambitious cost reduction program.” – CMA CGM, Q1 results, 30 May 2019.
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