CMA CGM ship hit by missile in Hormuz strait may go for scrapping, CEO says

A CMA CGM container ship, the San Antonio, sustained such severe damage from a missile strike in the Strait of Hormuz in early May that the French shipping group is considering sending it for scrapping. The attack resulted in injuries to several crew members, who were evacuated.

Rodolphe Saade, Chairman and CEO of CMA CGM, stated that the ship's condition is so dire they are contemplating its disposal. After being stranded in the strait for weeks, the San Antonio has now been safely escorted, though Saade provided no further details.

The company currently has no plans to resume sending ships to the Gulf, with Saade noting that the Iranian side has advised against it. He also reiterated his opposition to transit fees for the Strait of Hormuz, which remain an unresolved issue in US-Iranian peace talks. CMA CGM, the world's third-largest container shipping line, had 14 vessels in the Gulf at the start of the Iran war, with several having since departed.

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It was so damaged that we're wondering whether we should send it for scrapping.