CMA CGM reported strong revenue of close to $20bn for the third quarter of 2022, up 30% from the same period of last year.

The strong result was mostly driven by the group’s maritime shipping business, which amounted to $15.7bn, up 25.8% year on year, but down 2% compared to the previous quarter.

The French company logged a net profit of $7bn, up from $5.6bn