CMA CGM vessel
© Vladimir Serebryanskiy

Despite winning market share in an otherwise flat market, French carrier CMA CGM suffered a $100m net loss in the first quarter of 2016.

This is a further marker that the quarter has been one of the worst for shipping lines.

The world’s third-largest shipping line carried 3.2m teu in the period, a 2.9% increase on the 3.1m teu carried last year, and beats the 1.2% growth maritime analyst Drewry recorded for the market as a whole.

CMA CGM saw rising volumes on its transatlantic ...

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