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Sunday, September 27th, 2020
Home » Tag Archives: CMA CGM blanks sailings coronavirus

Tag Archives: CMA CGM blanks sailings coronavirus

How much financial trouble is CMA CGM in right now? The markets think a lot.

The CMA CGM Tower by the water with a CMA CGM cargo ship visible floating underneath it

PortandTerminal.com, March 8, 2020 “Indebted liner operators face their highest risk of bankruptcy than at any point in the past decade,” says consultancy firm AlixPartners and CMA CGM is highly indebted. MARSEILLES, FRANCE – How much financial trouble is CMA CGM in right now? While the company says that it sees things returning to normal in China, investors are betting …

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Maersk, CMA CGM blank sailings as coronavirus cuts demand

PortandTerminal.com, February 4, 2020 Maersk and CMA CGM announced blank sailings last Friday as the container lines see reduced demand due to the coronavirus outbreak in China and the extension of the Lunar New Year holiday COPENHAGEN – Last Friday CMA CGM announced on its website that “due to recent demand deterioration on the Asia / North Europe trade caused by the Coronavirus …

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