11.03.2022
Artikel Nummer: 39937
CMA CGM making it big
CMA CGM has reported its audited results for 2021. Achieving almost USD 56 billion in revenues (+78% compared to 2020), the net income went up to USD 17.94 billion (almost tenfold, +910% compared to 2020). Containerised shipping was highly profitable, standing for a total of USD 45.29 billion in revenues (+88.5%). In volumes, the shipping company handled 22 million teu, a moderate uptick of 5% on 2020.
According to CMA CGM CEO, Rodolphe Saadé, the group is going to invest USD 14 billion in its logistics arm and facilities. The carrier will also complete its acquisition of the Fenix Marine Services Terminal at the US Port of Los Angeles. (sh)