CMA CGM reports 51% profit drop, confirms investment in 12 LNG-powered newbuilds
NewsCMA CGM reported a Q2 2024 net income of US$ 661 million, down 51% from last year, and confirmed an order for twelve 15,000 TEU LNG-powered vessels.
Falling freight rates and depressed trading conditions led to CMA CGM posting sharply reduced turnover and profitability in Q3 2023.
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