A new figure on France’s canvas

Weaker market impacts CMA CGM’s Q1 results, with a 7% decline in revenues and a more than 30% profit decrease compared to the strong Q1 performance of the previous year.

MSC is poised to increase size gap over CMA CGM, and Maersk will become the second-largest carrier; Hapag-Lloyd aims to maintain top-5 status.

This may not be the end of the story, as the CRPMEM de Normandie and the environmental groups have indicated that they will appeal the judgment.

Cargo bound for Finland will still be loaded as scheduled, with transhipment in Tallinn, albeit with an additional freight adjustment of EUR 350 per container.

No new export or import bookings will be accepted to Baltimore until further notice. Alternate discharge ports will be available including Norfolk or New York.

The partnership will facilitate seamless door-to-door transportation services across the entire market, enhancing efficiency and reducing carbon emissions.