Liners add capacity to Asia-ECSA as ocean rates hit 18-month high
With Asia-South America ocean freight rates at an 18-month high of around $4,350 per 40ft, ...
“CMA CGM has finalised the terms of its sale of 10 terminals as it seeks to reduce its enormous debt burden. The French carrier said it would receive $968m in cash for the transfer of 10 facilities owned by the line to Terminal Link, a joint-venture. in which it holds 51% and Chinese port operator China Merchants the remaining 49%.” The Loadstar, 23 December 2019.
I apologise if you are already up to speed with the latest divestments of the French ...
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