enarhyazzh-CNzh-TWcsdanlettlfifrkadeelhihuisiditjakolvmsnofaplptruskslessvthtrukviyi

.........-----

translate arrow

Cargolux reports “best year in history”
LUXEMBOURG, GD: April 25, 2018. Cargolux says it h...

Read more

Record 2018 start for Port of Wilmington
WILMINGTON, NC: April 24, 2018. North Carolina Por...

Read more

IAG Cargo acknowledges World Immunisation Week
LONDON/MADRID: April 24, 2018. IAG Cargo is markin...

Read more

Liverpool provides Scottish shortbread US access
PORT OF LIVERPOOL, UK: April 23, 2018. Peel Ports ...

Read more

Nor Lines adds Rotterdam to LNG-powered Norway service
ROTTERDAM: April 22, 2018. Nor Lines, a subsidiary...

Read more

AAL adds to its European agency network
SINGAPORE: April 19, 2018. Breakbulk and project c...

Read more

DFDS to acquire Turkey's U.N. Ro-Ro
COPENHAGEN: April 18, 2018. European short-sea RoR...

Read more

Etihad Cargo supports bustard relocation
ABU DHABI: April 18, 2018. In the past three years...

Read more

Cargolux reports “best year in history”
Record 2018 start for Port of Wilmington ...
IAG Cargo acknowledges World Immunisation Week
Liverpool provides Scottish shortbread US access
West Atlantic to operate Boeing's first converted 737-800...
Nor Lines adds Rotterdam to LNG-powered Norway service...
AAL adds to its European agency network
DFDS to acquire Turkey's U.N. Ro-Ro
Etihad Cargo supports bustard relocation

Latest News

Unilever ice cream
25 Apr, 2018

New truck reefer unit could save 36 billion litres of diesel fuel

in Latest News
LONDON: April 24, 2018. Unilever has just finished a six-month trial of the Dearman…
daphneproject 620w
24 Apr, 2018

European Commission proposes whistleblower protection

in Government
BERLIN: April 23, 2018. The European Commission has published its proposed Whistleblower…
Airbus Mobile AL
20 Apr, 2018

Port of Mobile signs for new US$60 million RoRo auto terminal

in ports
MOBILE, AL: April 18, 2018. The Port of Mobile is to open a new vehicle processing RoRo…
Arthur Welter
20 Apr, 2018

Luxembourg adopts cross-border electronic consignment document

in Road
LUXEMBOURG, GD: April 20, 2018. Luxembourg and the Netherlands have followed Spain and…
CEVA Logistics
20 Apr, 2018

CEVA Logistics announces IPO and planned stake by CMA CGM

in Latest News
MARSEILLE: April 20, 2018. CMA CGM is planning to buy CEVA Logistics securities at a cost…
Lekki port CMA CGM
17 Apr, 2018

Nigeria’s first deep-sea port to open in 2020

in ports
LEKKI PORT, Nigeria: April 16, 2018. CMA CGM and Lekki Port LFTZ Enterprise have signed…
Rift Valley Railways
17 Apr, 2018

World Bank sanctions African Railways Logistics

in Rail
WASHINGTON, April 16, 2018. The World Bank Group has barred Africa Railways Logistics…
HyperloopTT Tube2
16 Apr, 2018

Hyperloop technology takes another high-speed step

in Latest News
TOULOUSE: April 16, 2018. HyperloopTT has taken delivery of full-scale passenger and…
ZIPLINE drone
13 Apr, 2018

First drone delivery network for medicines set to expand

in Humanitarian
ATLANTA: April 13, 2018. The UPS Foundation has awarded grants and in-kind support of…

Some CMA CGM containership on a trainMARSEILLE: November 20, 2015. The CMA CGM group reported revenue of US$3.97 billion for Q3 2015 – down nine percent over the same period last year. EBIT fell 36.5 percent to US$158 million with a resultant net profit of US$51 million, down 74.8 percent from Q3 2014.

For the first nine months of 2015, CMA CGM said revenue dropped 3.3 percent from 2014 to US$12.1 billion and EBIT rose US$39.3 percent to US$889 million to produce a net profit of US$613 million – a jump of 56.6 percent over the same period last year.

The company noted a sharp fall in freight rates during Q3, particularly Asia-Europe, while transpacific routes "continued to benefit from a better balance between supply and demand".

TEU's carried rose 3.4 percent in Q3 to 3.3 million and 9.7 million for the first nine months – up 6.5 percent year-on-year as the carrier increased unit capacity by 14.8 percent for the quarter with the arrival of two more 18,000 TEU vessels. A sixth ship of the same class will join the CMA CGM fleet in Q4.

Commenting on the outlook for the remainder of the year the company said the sector is facing lower-than-expected volume growth, putting pressure on freight rates for many lines in the short term: "Freight rates are expected to remain weak in fourth-quarter 2015. The market should rebalance during 2016," it added.

Corporate News

digital-magtwitter-fw1utube-fw2loinked-fw3

- powered by Quickchilli.com -