French container carrier CMA CGM, competitor to Maersk Line, finished the 2nd quarter with a smaller profit than the year before.
BY RITZAU FINANS
French container carrier CMA CGM, competitor to Maersk Line, finished the 2nd quarter with a smaller profit than the year before. The company did however manage to raise its topline, according to the carrier's 2nd quarter interim report.
A large number of DSV employees have for weeks been living under the hard lockdown of major Chinese city Shanghai. In an interview with ShippingWatch, regional head of air and sea freight Claus Thomsen talks about keeping spirits high amid an uncertain situation.
Industry stakeholders and NGOs describe meetings last week leading up to IMOs climate session in June as a breakthrough for a global CO2 levy considered the single most important tool to decarbonize shipping. ”A huge step forward,” says researcher Tristan Smith.
The long-term lockdown of major city Shanghai has seriously affected land logistics at one of the world trade’s crucial hubs. It will take time to get infrastructure back to normal, predicts DSV regional head to ShippingWatch.