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Regular CMA CGM news provide the key information you need to keep up to date on important events involving the Group and the industry.
The Board of Directors of the CMA CGM Group, a leading worldwide transport and logistics group, met today under the chairmanship of Rodolphe Saadé, Chairman and Chief Executive Officer, to review the financial statements for the second quarter of 2019.
The CMA CGM Group has undertaken a number of strategic moves in recent months, including the acquisition of CEVA Logistics and regional short-sea players such as Mercosul and Containerships and the modernization of its fleet. To adapt to the changing market, the Group is now taking a new step in its transformation by consolidating its development and implementing an ambitious cost reduction program.
Over the second quarter CMA CGM has recorded a core EBIT margin close to the first quarter as well as a positive net income in spite of a sharp increase in fuel prices. The strong volume growth demonstrates our commercial strength and the quality of our service offering.
The Board of Directors of the French Group CMA CGM, a worldwide leading shipping company, met today under the chairmanship of Rodolphe Saadé, Chairman and CEO, to approve the 2017 annual consolidated financial statements.
CMA CGM, a world leader in container shipping, is pleased to announce its participation in the first ever New York Shipping Exchange (NYSHEX) fundraiser, the first digital marketplace for ocean freight contracts. This investment is made alongside Hapag Lloyd, GE Ventures and Goldman Sachs, for a cumulative investment of $13 million. It is carried out through CMA CGM Ventures, the corporate venture structure recently created by the CMA CGM Group and dedicated to investments in innovative technologies.