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.
BY TOMAS KRISTIANSEN
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.
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