Port News & Information Mediterranean, Black & Caspian Seas

CMA CGM sees slight decline in TEU handled in Q3 2023

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Marseille, France (PortSEurope) November 13, 2023 – French shipper CMA CGM handled 5.72 million containers (TEU) in Q3 2023, down just -0.9% on the same period of 2022. However, in the same period revenue dropped -51.8% from $15.7 million to $7.5 million. The company said that the figures reflected the ongoing normalisation of freight rates….

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