Independent journal on economy and transport policy
13:44 GMT+1
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CMA CGM has closed the third trimester with a profit clearly of 371 million dollars
Also the French company announces a rise of the hires for the marine shipments the Asia-Mediterranean
November 20, 2012
In the third trimester of this year the French shipowning group CMA CGM has considerably increased the profit closing the period with a clearly positive result for 371 million dollars respect to a net loss of about 224 million dollars in the third trimester of 2011. The EBITDA is piled to 617 million dollars and the revenues are increased of 9% to 4,2 billion dollars graces mainly to the rise of the hires and the increment of the transported containerized volumes from the fleet, than in the period July-september of this year they have been pairs to 2,7 million teu regarding 2,6 million teu in the same period of 2011.
In the first nine months of the 2012 French company it has totaled revenues for 11,9 billion dollars, with a progression of 8% on the correspondent period last year. CMA CGM has announced to have reduced the costs of 550 million dollars in the course of the first nine months of this year, figure that is remarkablly advanced regarding the objective of the company.
CMA CGM previews to record the exercise clearly useful consisting anniversary 2012 with.
While also the French company has announced a rise generalized of the relative hires to shipments from all the Asian ports (included Japan, Asian south-east and Bangladesh) to the ports of the western Mediterranean and oriental, the Adriatic, the Black Sea and the Africa North that will be pairs to 575 dollars for container teu and will be applied beginning from next 15 December. Moreover for same shipments from next 10 January it will be applied to a Peak Season Surcharge pairs to 350 dollars for teu.
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In the third trimester of this year the French shipowning group CMA CGM has considerably increased the profit closing the period with a clearly positive result for 371 million dollars respect to a net loss of about 224 million dollars in the third trimester of 2011. The EBITDA is piled to 617 million dollars and the revenues are increased of 9% to 4,2 billion dollars graces mainly to the rise of the hires and the increment of the transported containerized volumes from the fleet, than in the period July-september of this year they have been pairs to 2,7 million teu regarding 2,6 million teu in the same period of 2011.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
