Grown profit and mega boxer

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CMA CGM announced a big rise in consolidated net profit for 2014[ds_preview] while order for three additional 20,600TEU vessels is being finalized. The worlds third largest liner shipping company recorded a 5.3% growth in revenue to 16,7 bill. $ and 43.2% growth in consolidated net profit to 584mill. $. While the fleet capacity was anhanced by 4% to 1,648mill. TEU, the volumes carried went up 8.1% to 12.2mill. TEU. Volume growth was led by Asia-North Europe- and Asia-North Arica trades. CMA CGM is optimistic for a further good year, as for example the signing of the Ocean Three Alliance with CSCL and UASC is supposed to drive faster growth. »The fleet will be strenghtened by the delivery of six new 18,000TEU vessels (of which three owned), twelve 9,400TEU vessels under long-term charter and three group-owned 2,100TEU GuyanaMax vessels«, CMA CGM said. The new 20,600TEU vessels to be delivered in 2017 will be built by Hanjin Heavy Industries.