Q1 – 2015 volumes up 10.5% at container shipping line CMA CGM

The CMA CGM fleet will be further strengthened in 2016/2017 following confirmation of its acquisition of three 20,600-TEU vessels to be delivered in 2017

Volumes rose 10.5% in the reporting period to 3.1 million TEU. This rise chiefly results from the increase in volumes on the East-West lines, particularly to and from the US, where volumes enjoyed sustained growth, and also from the launch of the Ocean Three Alliance. Consolidated revenue for CMA CGM was up 1.8% to USD 4.013 billion.

The Group continued to actively optimise its lines, opening five new routes in the US and extending its agency network up to 655 agencies in over 160 countries. It reaped the rewards of its operating efficiency and cost discipline as well as the sharp drop in bunker prices (bunker costs per TEU down 36.5%). Core EBIT margin leapt to USD 406 million, representing 10.1% of revenue, once again significantly above peers’ average.

On 31 March 2015, CMA CGM took delivery of CMA CGM Kerguelen, its first 17,722 TEU vessel designed to be used on Asia-Europe lines. Another five similar-sized vessels will also be delivered this year, along with 6 vessels with a capacity of 9,400 TEU and three vessels with a capacity of 2,100 TEU.

www.cma-cgm.com

Quelle: LogEastics
Portal: www.logistik-express.com

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