CMA’s rating bears brunt of industry downturn

CMAÆs rating bears brunt of industry downturn CMA CGM responds on S&P rating
   French ocean carrier CMA CGM said Monday that credit rating agency Standard & Poor’s decision to place the line on its CreditWatch didn’t represent the poor performance of CMA CGM so much as it reflected the struggles of the shipping industry as a whole.
   “CMA CGM is one of the very few companies to be rated by agencies like Standard and Poor's, “CMA CGM is one of the very few companies to be rated by agencies like Standard and Poor's, and the only one amongst the first five

Israeli press says Zim to trim staff 10%