CMA CGM boss Rodolphe Saade has defended the container line’s tax record to French legislators as he urged them not to impose further financial burdens.

The huge profits of the giant French owner have come under scrutiny as the country struggles with a cost of living crisis.

L’Usine Nouvelle reported that Saade appeared before senators from the Committee on Economic Affairs and the Committee on Regional Planning and Sustainable Development this week to discuss the issue.