Independent journal on economy and transport policy
12:15 GMT+1
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Third consecutive trimester in profit for the French shipowning group CMA CGM
Confirmed the order for nine new portacontainer from 22.000 teu
September 18, 2017
In according to trimester of this year French shipowning group CMA CGM it has recorded revenues pairs to 5,55 billion dollars, with an increase of +56.9% regarding the correspondent period of the 2016 that is determined of the inclusion in the perimeter of consolidation of the group, with effect from on June 14, 2016, of the volume of transactions of the Neptune Orient Lines (NOL) of Singapore and of its company of marine services containerized APL ( on 28 June 2016) let alone from the rise of the hires, with a medium revenue for transported container that he has turned out advanced of +12.5% regarding according to trimester last year. The operating profit is piled to 472,7 million dollars respect to an operating result of sign negative for -81,0 million dollars in the quarter April-june last year. The profit clearly has been pairs to 226,8 million dollars respect to a net loss of -122,6 million dollars in according to trimester of 2016.
In according to trimester of the 2017 fleet of portacontainer of the French group it has transported containerized cargo volumes pairs to beyond 4,7 million teu (+33.3%).
In the first semester of this year the fleet of CMA CGM has transported altogether 9,0 million teu, with an increment of +40.2% on the first half of 2016.
CMA CGM has closed the first semester of 2017 with a profit clearly of 319,9 million dollars on revenues pairs to 10,17 billion dollars respect to a net loss of -217,4 million dollars on revenues pairs to 6,94 billion dollars in the first semester last year. The operating result has been of positive sign for 732,3 million dollars respect to an operating result of sign negative for -88,6 million dollars in the first six months of 2016.
Commenting the results achieved from the group in the first half of this year the managing director, Rodolphe Saadé, has confirmed that CMA CGM has recently ordered the construction of nine portacontainer from 22.000 teu, ships that will be constructed by the Chinese ship yards Hudong-Zhonghua Shipbuilding and Shanghai Waigaoqiao Shipbuilding and that they will be taken in delivery beginning from the end of 2019.
CMA CGM previews that in the second half of the year of this year it will continue the increase of the operating result of the group.
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