News / CMA CGM mulls its next move after rate hike failure means Q2 profit underwhelms

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French ocean carrier CMA CGM has posted a modest net profit for the second quarter of the year.

Unceremoniously left at the altar by Maersk Line and MSC when the trio’s P3 aspirations were scuppered in June, CMA CGM gave no clues to future alliance plans in its interim statement – in fact the subject was ignored.

CMA CGM’s turnover in the three months increased by 3.7% on Q2 13, to $4.2bn, as the volume of boxes it transported went up 8% ...