Reuters reports:
The container shipping industry is bracing for a challenging year as new ships boost capacity while demand slows, French group CMA CGM said on Friday, pointing to early orders in 2025 driven by trade tensions.
CMA CGM, the world’s third-largest container line, on Friday reported EBITDA (earnings before interest, taxes, depreciation and amortization) of $2.96 billion for the third quarter. That’s down 40.5% from the previous year but up…
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