CMA CGM re­ports strong Q2, 2017

Maritime Gateway - - News -

Dur­ing Q2 2017, vol­umes car­ried grew by 33.3 per cent in com­par­i­son to Q2 2016, thanks to the in­te­gra­tion of APL, the launch of OCEAN AL­LIANCE and the in­dus­try dy­namism.

The in­crease in freight rates on most of the group's lines led to a sig­nif­i­cant 12.5 per cent in­crease in av­er­age rev­enues per con­tainer in the sec­ond quar­ter of 2017. The group’s con­sol­i­dated rev­enues hence strongly in­creased by +56.8 per cent in com­par­i­son with Q2 2016, to reach $5.55 bil­lion. For the quar­ter the group has reg­is­tered a con­sol­i­dated net in­come group share of $219 mil­lion.

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