Independent journal on economy and transport policy
21:09 GMT+1
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In 2011 CMA CGM has recorded a net loss of 30 million dollars
The revenues are increased of 4%. The fleet of the group has transported beyond ten million container (+11%)
March 7, 2012
The French shipowning group CMA CGM, than work a world-wide net of services of line for container, market of which is the third main operator for cargo ability of the fleet, clearly has archived item the 2011 with a net loss of 30 million dollars respect to a profit of 1,6 billion dollars in the exercise anniversary precedence. The revenues have grown of 4.0% attesting itself to 14,9 billion dollars regarding 14,3 billion dollars in 2010 and the operating profit is diminished of 71.7% coming down to 711 million dollars.
Last year the fleet of portacontainer of the group has transported cargo volumes pairs to the quota 10.016.000 records of container teu, with an increase of 10.8% regarding 9.041.000 teu in 2010.
Communicating today the results of the exercise the 2011 French group it has announced own programs for 2012, year - CMA CGM has confirmed - whose beginning has been confirmed irto of difficulty for the entire field of the containerized marine transport, even if currently the hires are showing a rise, in particular for shipments in export from Asia. Remembering of to have applied, as many other companies of the field, an sensitive increase of the hires that is in vigor from slid thursday, CMA CGM has explained that in the course of 2012 it will maintain partnership operating with the group Mediterranean Shipping Company (MSC) on the routes the Europe Asia-North and for South America and with the group Maersk Line on the routes between Asia and the Mediterranean, the Adriatic and the Black Sea. Moreover the French company has in program to introduce more efficient and modern ships in all the services and to get ahead own plan of cost reduction that for 2012 previews savings for 400 million dollars. Moreover from the decrease of the relative costs to the charterings this year CMA CGM attends savings for other 80 million dollars.
The managing director of CMA CGM, Rodolphe Saadé, however has manifested confidence about the perspectives of the group for this year: "we consider - he has explained - than the market will improve in 2012, in particular in the second half of the year. With its modern and efficient fleet and with its competent and expert staff - he has found - CMA CGM he is in good position for trare of benefit".
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The French shipowning group CMA CGM, than work a world-wide net of services of line for container, market of which is the third main operator for cargo ability of the fleet, clearly has archived item the 2011 with a net loss of 30 million dollars respect to a profit of 1,6 billion dollars in the exercise anniversary precedence. The revenues have grown of 4.0% attesting itself to 14,9 billion dollars regarding 14,3 billion dollars in 2010 and the operating profit is diminished of 71.7% coming down to 711 million dollars.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
