Subscribe to RSS feedLine slams state bailouts for struggling competitors
by
Jim Wilson
—
last modified
May 17, 2010 10:08 AM
CMA CGM has joined critics that have complained about the provision of state aid for financially struggling container lines.
Discounting persistent speculation that CMA CGM was among those that had sought government help as its losses spiralled last year, chief executive Philippe Souli said the French line had not been offered a state bailout.
“It was made very clear...
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