CMA CGM chief signals return to acquisitions
CMA CGM is preparing to look for new building investments, chairman and chief executive Jacques Saadé told Lloyd’s List.
CMA CGM is looking at a new period of expansion.
Mr Saad expects the company to remain in the black in 2011 despite weak freight rates on major east-west trades.
He forecasts an improvement in market conditions next year and beyond, however, enabling CMA CGM to pursue projects which were placed...
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