CMA CGM reported 4Q 2023 EBITDA earnings of $630m for its container shipping
business, out-performing Maersk for the second straight quarter. Maersk had
reported EBITDA of $196m and EBIT losses of -$920m in the quarter .
CMA CGM’s EBIT losses is estimated at between -$670m to -$770m, based on
depreciation and amortisation expenses of $1.3 Bn to 1.4 Bn in the 4th quarter,
with the company no longer reporting its EBIT figures since 4Q 2023. The 4Q EBIT
losses dwarfs CMA CGM’s previous quarterly p