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CMA CGM's Finnish feeder carrier downgrades forecast

Finnish feeder carrier Containerships, owned by CMA CGM, has downgraded its EBITDA forecast for this year. Investments in new LNG vessels have contributed to the reduced projections.

Finnish feeder carrier Containerships, owned by CMA CGM, has downgraded its forecast for earnings before interest, taxes, depreciations and amortizations for 2018.

It had previously projected that 2018 would trump 2017's level. Now the carrier announces in an update that these figures have been adjusted.

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