CMA CGM's acquisition of Swiss-based Ceva Logistics less than a year ago for USD 1.7 billion has become a financial burden for the French container shipping line.
At any rate, this is the view if one asks some of the credit rating bureaus and banks that make a living from analyzing the shipping company's finances and assessing its ability to repay its debt.
Already a subscriber? Log in.
Read the whole article
Get 14 days free access.
No credit card required.
Get full access for you and your coworkers.Start a free company trial today
Your trial for ShippingWatch has now started
With your free trial you get:
Full access to all locked articles on ShippingWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.