This website uses cookies. For more information click here

FREE
NEWSLETTER

BTJ Media-Plan 2017 PDF download

BTJ free PDF archive

Market SMS

CMA CGM: 15.6 mln TEU carried in 2016 (+20% yoy)

Publication date: 2017-03-31

Tags: sms

The double-digit spike in the company's container carriages stems from the integration of NOL's business as of June 14th, 2016.

When excluding NOL's contribution, CMA CGM would carry as much as 12.8 mln twenty-footers last year, down by 1.5% year-on-year.

At 2016's end, CMA CGM operated a total fleet of 453 vessels, fewer by nine ships than in the year before; however, following the takeover of NOL, the company’s capacity rose from 1,819 thou. TEU up to 2,208 thou. TEU.

"Year 2016 was a landmark year in the history of our development, with the strategic acquisition of NOL and the creation of OCEAN ALLIANCE, which will fully contribute to the Group's performance in 2017. Last year, we succeeded in maintaining a slightly positive core EBIT margin, despite historically low freight rates, focusing on the volumes generating the highest contributions. With the increase in freight rates observed in recent months and the operational discipline that we apply quarter after quarter, we recorded a positive result in the 4th quarter and delivered one of the best performances in the industry," Rodolphe Saadé, CMA CGM's CEO, commented.

Check also CMA CGM's Baltic-linked network on the
free Baltic Transport Maps interactive portal >>>

Print

PARTNERS

Baltic Ports Organization

PARTNERSHIP
EVENTS

The Posidonia Sea Tourism Forum

The Posidonia Sea Tourism Forum

23-24 May 2017 • GR/Athens

Grain & Maritime Days

Grain & Maritime Days

23-27 May 2017 • UA/Odessa

Digital Ship Maritime Big Data Forum

Digital Ship Maritime Big Data Forum

30 May 2017 • NO/Oslo

Maritime Day

Maritime Day

1 June 2017 • FI/Mariehamn

ESPO 2017 Annual Conference

ESPO 2017 Annual Conference

1-2 June 2017 • ES/Barcelona

UniMerchants Grain Academy

UniMerchants Grain Academy

1-2 June 2017 • PL/Gdynia

SIL 2017

SIL 2017

6-8 June 2017 • ES/Barcelona 

See more