CMA CGM makes $1.5 billion ‘green fund’ investment

CMA CGM is reinvesting the bulk of its earnings in acquisitions and decarbonization as the carrier’s profitability continues to grow, even as its CEO warned that the downturn in container shipping has begun.

CMA CGM is reinvesting the bulk of its earnings in acquisitions and decarbonization as the carrier’s profitability continues to grow, even as its CEO warned that the downturn in container shipping has begun.