Reuters reports:
French group CMA CGM said on Friday that the container shipping industry is preparing for a challenging year as new ships increase capacity while demand slows, citing initial orders in 2025 due to trade tensions.
CMA CGM, the world’s third-largest container line, on Friday reported core EBITDA (earnings before interest, taxes, depreciation and amortization) of $2.96 billion for the third quarter. This figure decreased by 40.5% compared to last year, but the increase…
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