CMA CGM will carry on investing after 'solid' Q1, despite unclear outlook
CMA CGM’s shipping line was exactly in line with the average market growth in Q1, ...
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By Mike Wackett
CMA CGM saw the number of containers it carried in the first quarter of the year jump by 10.5% on the same period of 2014, to reach 3.1m teu.
The French carrier posted a net profit for the period of $406m, against the $103m achieved in Q1 2014, although turnover rose by just 1.8% to $4bn and average revenue per teu fell 7.8% to $1,297.
CMA CGM appears to have been much quicker off the blocks to take advantage of its Ocean Three ...
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