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MSC and Maersk Unwind Transatlantic Fleets as CMA CGM Surpasses Maersk
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Overview
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MSC and Maersk are unwinding their transatlantic fleets as rates hit new lows. CMA CGM is set to overtake Maersk as the second-largest container line in the world with its orderbook of 122 ships.
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How will the unwinding of the transatlantic fleets impact the shipping industry?
What are the potential consequences of CMA CGM surpassing Maersk as the second-largest container line?
What factors contribute to the decline in rates and vessel utilization levels?
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