CMA CGM fate of the big storm
November 18, 2009 - 5:58 pm
In full financial restructuring, CMA CGM seeks to reassure. The world number three container shipping has taken show figures to support that end the crisis was indeed visible.
Thus between June and October the prices of container traffic between Asia and northern Europe has increased from 416 to 1062 dollars. Similarly, the fall in volumes shipped, down 20% in the first half, was halted since early summer.
In this context the accounts should return to the balance from December. "We remain cautious, but positive signs are every day more," says Nicolas Sartini, head of Asia-Europe line CMA CGM.
ALSO READ:
"Jacques Saade:" 2009 will mark the resumption of trade "
Louis-Dreyfus looks CMA-CGM (with Wansquare)