PARIS (Reuters) – CMA CGM said on Friday that geopolitical and economic risks were clouding its outlook despite another surge in profits due to a saturated shipping market. French-based CMA CGM, one of the world’s largest container lines, reported a net profit of $7.2 billion for the first quarter, up from $2.1 billion in the year-earlier period and also surpassing $6.7 billion posted for the last quarter of 2021. An economic rebound following the initial impact of the COVID-19 pandemic sent freight rates soaring and left shipping capacity stretched. At CMA CGM’s main ocean shipping business, …