CMA CGM hailed a rebound in profits as freight rates rose on the back of the Red Sea crisis.
Net income of the world’s third-largest liner operator was $785m in the first quarter — sharply down from just over $2bn in the same period a year earlier.
But liner giant hails ‘robust’ profitability as freight rates rebound on Red Sea crisis
CMA CGM hailed a rebound in profits as freight rates rose on the back of the Red Sea crisis.
Net income of the world’s third-largest liner operator was $785m in the first quarter — sharply down from just over $2bn in the same period a year earlier.