CMA CGM has no plans to expand its fleet

CMA CGM Group has announced that it has no short term plans to either purchase or long-term charter-in any vessels.

The Group has a fleet of 408 ships, of which 92 are owned, that it believes is able to meet the current needs of its customers and provide them with end-to-end service around the world.

CMA CGM stressed that its priorities in the current economic climate are to reduce its debt and to strengthen its financial position.

However, looking beyond 2013 and in line with its long-term commitment to driving continuous improvement in fleet efficiency, the Group is looking at various charter projects with a number of shipyards and financial partners.

The company announced that while it will pursue these non-binding discussions over the next few months, it has no intention to reach an agreement in the near future.

Quelle: eyefortransport
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