CMA CGM reported stable first-quarter 2026 revenue despite continued geopolitical tensions and supply chain disruptions.
Group revenue reached US$13.2 billion in the first quarter, down slightly by 0.2% year-on-year. EBITDA fell 31.6% to US$2.1 billion, while the EBITDA margin declined to 16%.
“In an uncertain geopolitical context, the Group delivered resilient performance in the first quarter of 2026,” said Rodolphe Saadé, Chairman and CEO of CMA CGM.
The company said shipping volumes increased by 1.5% to 5.9 million TEUs during the quarter. Maritime revenue, however, dropped 8.5% to US$8 billion due to lower average freight rates.
CMA CGM continued adjusting its shipping network during the quarter.
The carrier launched the “DAY 10” product within the OCEAN Alliance, covering 41 East-West services with a total capacity of 5.3 million TEUs.
The group also introduced new services including the Ocean Rise Express connecting Japan, South China and Northern Europe.
In response to disruptions in the Strait of Hormuz, CMA CGM implemented alternative multimodal logistics corridors to maintain Gulf supply chains.
The company also added the CMA CGM MONTE CRISTO to its fleet, marking its 400th owned vessel and the first in a new methanol-powered containership series.
Logistics subsidiary CEVA Logistics recorded 6.6% revenue growth to US$4.6 billion.
During the quarter, CEVA expanded its automotive logistics operations in Spain and launched a new wind-powered transatlantic shipping solution under its FORPLANET offering.
CMA CGM also continued strategic investments globally.
The group ordered six LNG-powered containerships from Cochin Shipyard in India and finalized the acquisition of Freightliner UK.
Looking ahead, CMA CGM said geopolitical tensions in the Middle East, oil price volatility and trade policy uncertainty continue to impact global shipping markets.
