News / CMA CGM Q3 sees record liftings and a $600m turnaround on 2016

© Vladimir Serebryanskiy

CMA CGM posted a net profit of $323m for the third quarter, compared with the $268m loss in the same period of 2016, adding to the $320m positive achieved at the H1 stage.

The French carrier’s revenue leapt 27.7% on the previous year, to $5.7bn, from an 11.6% increase in volume carried to 4.98m teu – a new record figure.

CMA CGM successfully raised its average rate per teu by 14.4%, on a par with Maersk Line’s average rate climb of 14%, but below the ...