At Centersource Technologies AB we are committed to the highest standards of ethical research and data integrity, guided by the ESOMAR Code of Conduct. Our data is sourced from a limited, anonymous market survey conducted with trusted and established industry participants. The insights derived from this survey reflect aggregated finalized prices as well as observed prices reported within the participants respective markets, with a focus on the highest prices recorded during the first two weeks of each month. These insights are provided for informational purposes only and are intended to indicate market trends rather than serve as comprehensive or fully representative market data.

In adherence to ESOMAR's principles, we ensure that all data collection and analysis are conducted with transparency, respect for confidentiality, and strict compliance with ethical guidelines:

  • Data Sourcing and Methodology:
    We exclusively use data from government, customs, or government-affiliated websites to maintain reliability and public integrity. In addition, we engage directly with industry experts to gather real-time, firsthand information. Each data point is collected, verified, and aggregated following established ethical standards, ensuring that our research processes meet the rigor recommended by ESOMAR.
  • Transparency and Accuracy:
    All data are published promptly as they become available from the source, ensuring that our insights remain current and reflective of on-ground market dynamics. We actively seek and incorporate regular feedback from industry experts, which allows us to make real-time adjustments and continuously improve the accuracy and reliability of our data.
  • Ethical Data Usage and Third-Party Material:
    Our adherence to the ESOMAR Code of Conduct underscores our commitment to ethical research practices. We maintain strict controls over data sharing and usage; copying or distributing our data is prohibited under our company policy. Furthermore, all necessary agreements are in place for any third-party material used, ensuring full compliance with copyright laws and industry best practices.
  • Limitation of Liability:
    While we strive to provide high-quality, timely market insights, the data is derived from a limited sample and should be interpreted within that context. We are not liable for any damages arising from the use of this data, as it is provided solely for informational purposes and as a directional indicator of market trends.

By integrating ESOMAR's ethical guidelines into our research methodology, we ensure that our practices are transparent, respectful of data confidentiality, and aligned with internationally recognized standards. This commitment not only reinforces the credibility of our insights but also builds trust with our stakeholders and industry partners.

CMA CGM's profits continue to rise over billion a quarter, well above pre-Covid levels

CMA CGM's profits continue to rise over billion a quarter, well above pre-Covid levels

Posted on August 4, 2023   |  

CMA CGM's net profit is over $1 billion per quarter, and container revenue is higher than pre-pandemic levels.

In Q2 2023, its net income reached $1.33 billion, a drop of 82% from a year ago and down 34% sequentially from Q1 2023.

However, the recent revenue gains are better than pre-pandemic gains as they saw a net loss of $109 million in Q2 2019 and a net income of $22.7 million in Q2 2018.

Till June 30, CMA CGM had $3.8 billion in financial resources net of debt, down $1.85 billion from 2022. 

In Q2 2023, revenue for each FEU of carried volume fell by 16% to $2,983 from Q1 2023 but grew by 36% and 37% from pre-COVID levels.

CMA CGM can beat Denmark’s Maersk to become the world’s 2nd-biggest carrier in the next few years.

At present, CMA CGM operates a fleet of 627 vessels with a total capacity of 3.5 million TEU. 

It owns 119 vessels on order totaling 1.2 million TEUs, correlating to an order book-to-fleet ratio of 35%.