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Tag Archives: 25-year Kribi Container Terminal concession in Cameroon.

CMA CGM Takes Hit but Sees 2016 Recovery

France’s CMA CGM, the world’s third-largest container shipping firm, said freight rates should recover next year after a market downturn led to a sharp fall in its third-quarter profits. The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, hit a new all-time low on Friday, pulled down by a vessel glut and slowing ...

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