CMA CGM close to downgrade by Moody's

The coronavirus' impact on the global container market makes Moody's doubt whether CMA CGM can maintain its rating. It looks more serious than the bureau's outlook for Maersk and Hapag-Lloyd.

Photo: PR / CMA CGM

French container shipping line CMA CGM risks losing its current credit rating from Moody's as a consequence of the escalating corona crisis.

In a review of the company, Moody's puts its current B2 rating on review for downgrade.

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