CMA CGM’s earnings soar on shipping rush

Shipping group CMA CGM reported a surge in third-quarter earnings and said it expected an even stronger performance for the end of the year as intense demand kept freight rates high and container capacity stretched. French-based CMA CGM, one of the world’s largest container lines, said net profit rose to $5.6 billion in the third …

The post CMA CGM’s earnings soar on shipping rush first appeared on Hellenic Shipping News Worldwide.

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