April 28th, 2025, in Mumbai, France-based CMA CGM S A, the world’s third-largest container shipping line, will reflag one of its container ships to the Indian flag. This move is significant as it marks the first instance of a major global container carrier registering a container vessel in India. This is notable because India has traditionally been perceived by fleet owners as a jurisdiction with unfavorable tax structures, lending conditions, and a regulatory environment. CMA CGM’s decision...
https://mfame.guru/cma-cgms-flagging-decision-sparks-shipping-industry-interest/