Carriers invoke Force Majeure as ships begin to pile up off East and Gulf coasts
NewsContainer shipping companies, including CMA CGM, Ocean Network Express (ONE), and COSCO, are invoking force majeure due to the impacts of ongoing ILA strike.
The past month has seen Marseilles-based CMA CGM expand its presence in the intra- Mediterranean trades, with several new links launched. The moves appear to have been made with the objective of improving its position in the fastergrowing eastern Mediterranean region (Turkey and Egypt) and in the perishable products cargo sector.
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