From Lloyd’s List:

CMA CGM reported net profit growth of 43% for 2014 and record cargo volumes as it confirmed plans to order three 20,600 teu carriers for delivery in 2017.

The French line, one of the last to report its 2014 earnings, achieved some of the best set of results in the industry and predicted that 2015 should be another good year.

Global container trades are forecast to expand by around 5% in 2015 and 2016, but Mr Saadé said CMA CGM was expected to grow faster than that.

More at Lloyd’s List