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France-based CMA CGM, one of the world's largest container shipping lines, expects to pay out around $1.8 billion for the 90% stake and will finance the deal from its own funds, it added. Los Angeles port handles massive freight volumes between China and the United States and has been c...
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In January of this year, a 15-year-old 2800TEU container ship sold for about the same price. So you can buy a ship for the cost of shipping 300 containers? ! Seafaring prices rise, what factors drive? 1. Behind the continuous surge in shipping rates, major economies such as the United...
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