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

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 …

The post CMA CGM Q3 sees record liftings and a $600m turnaround on 2016 appeared first on The Loadstar.

Source: The Loadstar

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