CMA CGM has fully benefited from the upturn in economic activity and trade in the first semester. The French shipping group has completed the first six months with a net profit of 864 million euro’s. The traffic volume jumped from 22% to 4.4 million TEU’s.
1st semester results
The third largest container shipping company in the world closed the first half of 2009 with a 518 million euro net loss and a traffic volume of 3.6 ...
Thanks to the very marked upturn in container trade, many ports in this sector have been successful to get volumes back to the level they were approaching before the crisis. Immediately plunges the fear of a return to congestion again.
Drewry reports
In its latest report, Drewry stated that the investment in new container terminals urgently need to be picked up, in order to avoid a return to the situation of the congestion problems before the crisis.
Chinese carrier China Shipping Container Line has made lucrative results during the 1st semester of 2010. The net profit reported amounted to us dollar 172 million, an increase with 134% in comparison with last year.
Increases
Revenues per TEU from Northern Europe and the Mediterranean increased ...
