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Rodolphe Saade (CMA CGM) in Le Figaro. “France is the only country that wants to tax ship owners.”

As more and more MPs, even majorities, rally around the idea of ​​creating taxes for companies that have made record profits during the pandemic, Rodolphe Saade, who heads CMA CGM, the world’s third-largest shipowner, explains that: Maritime transport has a very minimal share in inflation.

LE FIGARO. – Does the war in Ukraine have a direct impact on world trade?

Rodolphe SAADE. – It is the accumulation of crises that affects world trade. We had an epidemic, then a war in Ukraine. Today, we see consumers everywhere buying fewer products than they did a few months ago due to inflation. As a result, world trade starts to slow down a bit, which leads to lower freight rates; Prices between Shanghai and Le Havre have fallen by around 40% in recent weeks. We went from $14,000 a container at the height of the pandemic to $10,000…

Source: Le Figaro

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