Shipping Industry Network November 15 news, CMA CGM Group announced its third quarter 2025 results. 2025 continues to be significantly impacted by the geopolitical backdrop and trade tensions, particularly between the United States and its major trading partners. In this complex global trade environment, the CMA CGM Group reported a decline in performance in the third quarter compared to the same period last year. At the same time, declining demand and increasing capacity will pose further challenges in the coming months.
CMA CGM Group CEO Rodolphe Saadé said, “In a highly uncertain global environment, the CMA CGM Group continues to demonstrate resilience and discipline. Maritime shipping remains robust, port terminal operations are gaining momentum, and air freight continues to perform well, together with logistics, indicating the growing complementarity between the Group’s businesses. In the coming months, capacity in the container shipping industry is likely to increase, while demand across the market weakens. The CMA CGM Group will continue to adjust, guided by our long-term vision and our ongoing commitment to serving our customers.
Key Investments
Amid volatile market conditions, the CMA CGM Group emphasized that it is strengthening investments in countries and regions of strategic importance to the Group.
India: CMA CGM announced the construction of six 1,700 TEU LNG-powered container ships, with deliveries starting in 2029. CMA CGM will also hire 1,000 Indian seafarers by the end of 2025 and another 500 in 2026, thereby strengthening its commitment to local maritime employment.
Saudi Arabia: CMA CGM signed an investment agreement with RSGT to establish a joint venture to build and operate Jeddah Terminal 4, further expanding its global portfolio.
Germany: CMA CGM announced the acquisition of a 20% stake in the EUROGATE Container Terminal Hamburg (CTH), strengthening its operations in Germany. This investment aims to support the terminal’s development, particularly its modernization and expansion project, which will increase annual throughput from 4 million TEU to 6 million TEU, while strengthening the Port of Hamburg’s position as a major maritime hub in Northern Europe.
United Kingdom: At the end of September, CMA CGM announced the acquisition of Freightliner UK Intermodal Logistics, one of the UK’s main rail operators. This operation is another step in strengthening the Group’s intermodal capabilities in Europe and supports its decarbonization strategy by facilitating a modal shift from road to rail.
France: CMA CGM will register ten of the world’s largest 24,000 TEU class LNG dual-fuel ultra-large container ships in France and hire 135 French seafarers. Deliveries are expected to begin in 2026, and the ships will be deployed on Asia-Europe routes, regularly calling at the two major French ports of Le Havre and Dunkirk.
France accounts for 12% of CMA CGM’s revenue and 13% of its total workforce, and 30% of total investments over the past five years, amounting to 14 billion euros, committed to three strategic priorities: decarbonization, innovation, and inland waterway transport.
CMA CGM has also strengthened its logistics and inland shipping operations at the Port of Lyon-Édouard Herriot as part of being granted a sub-concession for its container terminal.
Logistics Business
Turkey: CEVA Logistics, part of CMA CGM, has completed the acquisition of 100% of the shares of the Turkish contract logistics company Borusan Logistics, aiming to accelerate its development and strengthen its position in the Turkish market.
Air Cargo Business: CMA CGM has taken delivery of the 5th and final Boeing B777F, further strengthening the Group’s fleet, which now consists of 8 aircraft. Starting in 2027, eight A350F aircraft will be added, reducing the carbon footprint by 20%, marking a new step in the Group’s air cargo decarbonization strategy.
Media: The integration of CMA CGM Media and Brut has reached a new strategic milestone, with the acquisition of the Chérie 25 channel, renamed RMC Life, to complement RMC Story and RMC Découverte.
Decarbonization Transition
Decarbonization has become central to CMA CGM’s strategy, and through human, financial, and operational commitments, it aims to achieve net-zero carbon by 2050.
CMA CGM Performance
Specifically, in the third quarter of 2025, CMA CGM Group revenue reached $14.04 billion, a year-on-year decrease of 11.3%. EBITDA reached $2.96 billion, a year-on-year decrease of 40.5%. The EBITDA margin was 21.0%, down 10.4 percentage points. Net profit for the third quarter was $750 million, a year-on-year decrease of 72.6%.
In the third quarter of 2025, the global container shipping market experienced a complex environment due to unpredictable changes in trade policies. Nevertheless, trade volumes remained strong, supported by robust regional trade, while the major East-West routes are being reshaped.
For the first three quarters of 2025, CMA CGM Group revenue reached $40.47 billion, a year-on-year decrease of 0.8%. EBITDA reached $8.32 billion, a year-on-year decrease of 15.4%. The EBITDA margin was 20.6%. Net profit for the first three quarters reached $2.39 billion, a year-on-year decrease of 42.7%.
Maritime Shipping Business
For the maritime shipping business, in the third quarter of 2025, CMA CGM carried 6.17 million TEUs, a year-on-year increase of 2.2%. The average revenue per TEU was $1,453, a year-on-year decrease of 19.1%.
In the third quarter of 2025, total revenue for the maritime shipping business decreased by 17.4% year-on-year to $8.96 billion; EBITDA was $2.23 billion, a year-on-year decrease of 48.9%; the EBITDA margin decreased by 15.3 percentage points year-on-year to 24.9%.
For the first three quarters of 2025, CMA CGM carried 17.99 million TEUs, a year-on-year increase of 2.0%. The average revenue per TEU was $1,439, a year-on-year decrease of 6.0%. Revenue for the maritime shipping business in the first three quarters decreased by 4.1% year-on-year to $25.89 billion; EBITDA was $6.34 billion, a year-on-year decrease of 23.5%; the EBITDA margin was 24.5%.
Logistics Business
For the logistics segment, revenue in the third quarter of 2025 was $4.58 billion, a year-on-year decrease of 4.9%; EBITDA was $430 million, a year-on-year decrease of 6.8%; the EBITDA margin was 9.3%.
Meanwhile, businesses including CMA CGM Air Cargo, port terminals, and media saw revenue increase by 55.0% year-on-year to $1.22 billion in the third quarter of 2025. EBITDA was $300 million, a year-on-year increase of 97.9%; the EBITDA margin increased by 5.3 percentage points year-on-year to 24.6%.
Outlook
CMA CGM remains cautious in an uncertain environment, maintaining agile and efficient operational management with a strong focus on cost control to remain competitive. CMA CGM will continue to adapt to and anticipate market dynamics to seize profitable growth opportunities.
The latest data from Alphaliner shows that CMA CGM operates 706 container ships with a capacity of 4.082 million TEU, ranking third in the global Top 100 liner companies. This includes 347 owned ships and 359 chartered ships. Additionally, it holds orders for 128 container ships, totaling 1.713 million TEU.
