July 7, 2019 / 9:47 AM / a year ago

CMA CGM still operating in Persian Gulf despite Iran tensions

AIX-EN-PROVENCE, France, July 7 (Reuters) - Shipping giant CMA CGM is still operating in the Persian Gulf region, even as concerns mount over a possible dispute between Iran and major world powers.

“We are continuing to go there,” CMA CGM chairman and CEO Rodolphe Saade told a business conference in Aix-en-Provence.

Asked if CMA CGM had stepped up security on vessels going through the Persian Gulf, Saade replied: “No, because the measures we have in place are already sufficiently elevated.” (Reporting by Sudip Kar-Gupta; Editing by Sarah White)

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