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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In most of the conversations I have daily with container shipping sources, consensus is that the magic five – Maersk Line, MSC, Cosco Shipping, CMA GCM and Hapag-Lloyd – will unlikely entertain bold M&A moves this year, unless the right opportunities emerge.
The outlook for this battered industry remains downbeat, in my view, despite lower oil prices (which have started to rally again, after bottoming before Christmas) which may not provide relief anymore.
In case you missed it, yesterday MarketWatch noted that oil was ...
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