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Tuesday, September 29th, 2020
Home » Tag Archives: CMA CGM impact of coronavirus

Tag Archives: CMA CGM impact of coronavirus

Shipping line CMA CGM’s boss says he expects a 30% business drop in May

Close up on a stack of shipping containers with the logo CMA CGM on each

PortandTerminal.com, April 8, 2020 MARSEILLE, FRANCE – Rodolphe Saadé, the CEO of CMA CGM, the world’s fourth-largest container shipping company, is anticipating May will be the slowest month for box movements across the globe thanks to the coronavirus. Saadé, who was interviewed by the French newspaper Le Figaro on April 5th, said he was confident that utilisation rates on his ships …

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