More volumes, revenues and vessels for CMA CGM
Fleets around the world are growing. That's also the case for CMA CGM, which recently reported its results for Q2/2021. So far, 14 new owned vessels and 32 second-hand vessels were added to the fleet in 2021. Out of these, eight new owned vessels, including the last five of its fleet of nine 23,000 teu ultra large container vessels, run on liquefied natural gas (LNG).
CMA CGM Air cargo, the group’s air freight division, also expanded its network of destinations served from Europe with its four Airbus A330-200F aircraft: Chicago, New York, Atlanta, Dubai and Istanbul.
In Q2/2021, revenues grew to USD 12.4 billion, up 77.2% as compared to Q2/2020. Ebitda came in at USD 4.6 billion and net income, group share, stood at USD 3.5 billion.
The group's net debt decreased by USD 14.9 billion as of June 2021, down USD 1.9 billion since December 2020. All in all, the group transported 5.7 million teu in Q2/2021, an increase of 19.1% Q2/2020. (cd)