CMA CGM improved annual result by 43 percent

The third-largest container carrier in the world, French CMA CGM, improved its net result in 2014 by 43 percent to a positive number of USD 584 million. Revenue increased, according to the annual report. The carrier is now ordering its first vessels of over 20,000 teu.

With the release of the annual report from the world's third-largest container carrier CMA CGM, the outlines of a top and bottom are becoming clear in regards to the ability to create financial results in the international container industry.

The large French carrier achieved a positive result last year of USD 584 million, which was an improvement of 43 percent compared to 2013. Revenue in the family-controlled carrier with headquarters in Marseilles, also grew slightly and came to USD 16.7 billion, which was an increase of 5.3 percent.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs