The formalities have yet to be settled, but numerous factors indicate that France's CMA CGM will be able to acquire Singapore-based Neptune Orient Lines (NOL).
With the takeover, CMA CGM will, in any case, take a big step closer to the industry's number one and two, Maersk Line and MSC, respectively, thus cementing its position as one of the big three. At the same time, the French carrier will distance itself from Hapag-Lloyd, ranked fourth in terms of capacity.
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