CMA CGM remains optimistic despite coronavirus

OFFSHORE ENERGY | Despite challenges caused by the coronavirus pandemic, French container shipping major CMA CGM closed the first quarter of this year with a positive net result.

The company saw a net income of $48 million in Q1 2020, an increase of $91 million when compared to a net loss of $43 million suffered in the corresponding period a year earlier.

As explained, the result includes a $185 million gain from the disposal of port terminals to Terminal Link.

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