NewsFrench windfall tax will saddle CMA CGM with ‘competitive disadvantage’

October 14, 2024by 0

Remarks by CMA CGM’s CFO Ramon Fernandez appear to contradict a statement by CEO Rodolph Saade a month ago that it was ready to participate in a French windfall tax scheme, claiming it would make the carrier uncompetitive.
The €800m ($875m) windfall tax, which would be levied over two years, is part of a move by the French government to plug a hole in the budget, which could soon amount to …

The post French windfall tax will saddle CMA CGM with ‘competitive disadvantage’ appeared first on The Loadstar.

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