19/05/2015at 09:10

CMA CGM quadruples its first quarter result

French CMA CGM follows on the heels of Maersk Line by delivering a significantly improved net result, a development not least attributed to increased efficiency and the decline in bunker prices.

BY TOMAS KRISTIANSEN

The world's third-largest container carrier, France's CMA CGM, achieved a result of around USD 400 million in the first quarter 2015, compared to a profit of almost USD 100 million in the same quarter 2014, according to the carrier's interim report.

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