Tuesday, 23 July 2013

New Special Report: Why CMA CGM shipping group scuttles its partners

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NORTH AFRICA SPECIAL REPORT
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Why CMA CGM shipping group scuttles its partners
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Published on 23/07/2013 - The world's third-ranking shipping concern, CMA CGM, has scuttled its entire North African network. In Algeria as in Tunisia, the Marseilles-based group has suddenly broken off its partnerships even if that means it could face legal action. The boss of CMA CGM, the hard-driving Jacques Saade, has a single goal in mind: to ensure full control of all of his local subsidiaries as a prelude to floating his group (...) Read more
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