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CMA CGM's return to Red Sea could win business from competitors

Customers want their goods to arrive quickly. At the same time, the French shipping company can offer a cheaper price than its competitors, analysts say.
”The CMA CGM Group has reevaluated the situation in the Southern Area of the Red Sea and the evolving conditions allow us to resume transit on a case-by-case basis,” CMA CGM wrote in a press release today, led by the company's CEO Rodolphe Saade.
”The CMA CGM Group has reevaluated the situation in the Southern Area of the Red Sea and the evolving conditions allow us to resume transit on a case-by-case basis,” CMA CGM wrote in a press release today, led by the company's CEO Rodolphe Saade.
by SEBASTIAN SCHLÜTER JACOBSEN

On Thursday, the large French shipping company CMA CGM officially announced that it has resumed sailing through the Red Sea despite continued and frequent attacks on merchant ships in the area.

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