CMA CGM saved by terminal sale in 2nd quarter
French CMA CGM, the world's third-largest container carrier and part of the announced P3 alliance with Maersk Line, achieved a net profit of USD 268 million in the 2nd quarter, though the majority of that figure stems from terminal divestments.
BY OLE ANDERSEN
French container carrier CMA CGM, one of Maersk Line's coming partners in the planned P3 collaboration, finished the 2nd quarter 2013 with a net result of USD 268 million, though a vast majority of those profits came from the sale of a major stake in Terminal Link, the company's port division, for a total of USD 249 million.
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