News / CMA CGM gives thanks for low oil price as profits soar in Q2, despite tumbling rates

01/09/2015

CMA CGM’s net profit in the second quarter of the year soared 67%, compared with the same period of 2014, to $156m, boosted by a sharp decline in fuel prices and currency gains that helped mitigate a 7.8% fall in its average freight rate.

The carrier ...

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