CMA CGM Demonstrates Relative Resilience in a Volatile Q3

The third quarter of 2026 took place in a volatile economic environment, with persistent tensions in the Middle East impacting international trade and global supply chains. In this context, both shipping and logistics activities were affected by adjustments made to trade routes and transport networks.

Nevertheless, the global economy demonstrated relative resilience given the scale of the shock to energy prices, while international trade remained dynamic. The Group’s transported volumes increased by 5.5% compared with the third quarter of 2025, outperforming the market. This represents one of the strongest growth rates recorded in recent years. This growth was underpinned by three key drivers:

• Restocking, as companies sought to build up inventories amid ongoing economic and geopolitical uncertainty;
• Increased investment in AI-related infrastructure and data centres;
• Strong momentum in clean technologies and electric vehicles, particularly in China, amid higher hydrocarbon prices.

The CMA CGM Group leveraged the complementary strengths of its shipping, logistics and terminal operations to offer customers integrated solutions across the entire supply chain. This strategy is underpinned by investments in port infrastructure, which are essential to expanding the Group’s capacity and strengthening its global network.

The Group also accelerated its transformation through innovation and artificial intelligence across all its businesses. MAIA, its