CMA CGM reports lower earnings amid market normalisation
NewsWeaker market impacts CMA CGM’s Q1 results, with a 7% decline in revenues and a more than 30% profit decrease compared to the strong Q1 performance of the previous year.
CMA CGM, through its dedicated subsidiary CMA Terminals, has signed a 50:50 joint venture agreement with Adani Ports and Special Economic Zone (APSEZ) for the development of a fourth container terminal at Mundra Port on India’s east coast.
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