CMB 2013 Results Positive, but Weaker than 2012
During its meeting of March 25, 2014, Belgian shipping company CMB’s board of directors approved the final annual accounts as per December 31, 2013. The consolidated result for 2013 amounts to $49,694,000, compared to $133,954,000 in 2012. Bocimar’s contribution to the 2013 consolidated result amounts to $3,467,000 ($53,196,000 in 2012). CMB pointed out that the capacity of newbuilding deliveries has far exceeded the growth in world seaborne trade for a number of years. Today…
Belgium's CMB Claws Back Lost Ground in Q4 2013
CMB, Compagnie Maritime Belge, is a maritime group with its registered offices in Antwerp. Next to holding activities, the Group's main participating interests are active in the transport of dry cargo (Bocimar) and aviation (ASL Aviation). The group notes in its fourth quarter 2013 financial result that its executive committee has discussed the results recorded for the fourth quarter and the preliminary results for the full year 2013. The consolidated result for 2013 is estimated to be US$49.400.000 (2012: US$ 133.954.000).
