CMA CGM

CMA CGM is the world’s third-largest container shipping company worldwide and number 1 in France. Founded in Marseille in 1978 by Jacques Saadé, CMA CGM is present in over 150 countries, with 18,000 employees worldwide.

CMA CGM and its subsidiaries -- Delmas, ANL, CNC, MacAndrews, USL, and COMANAV -- posted revenues of US$15.9 billion in 2013, on volume of 11.4 million TEUs. The company recorded net profit of $430,463, up 19.4 percent from the previous year’s net profit of $360,613

CMA CGM was the sixth-ranked container carrier in U.S containerized import trade in 2013, with volume of 1,138,937 TEUs, up 6.5 percent year-over-year, giving it market share of 6.3 percent. Likewise, it was no. 6 in U.S. containerized export trade in 2013, with volume of 781,849 TEUs, up 17.0 percent year-over-year, with market share of 6.1 percent. For more carrier rankings see the JOC’s Top 40 Container Carriers special topic.

17 Sep 2014
CMA CGM has upgraded its Amerigo service between the U.S. and the Mediterranean with the addition of a new call in Miami.
Hapag-Lloyd's Hamburg Express container ship
14 Sep 2014
Container freight rates will stabilize and may trend upward over the next few years despite the existing overcapacity of vessel space because of the expansion of existing carrier alliances and the creation of new ones, according to Rolf Habben Jansen, CEO of Hapag-Lloyd.
Wrap-up
13 Sep 2014
A new carrier alliance entered the fray this week after weeks of feverish speculation.
Ocean carrier rate revision roundup for Sept. 12
12 Sep 2014
Multiple container lines have planned general rate increases in numerous trade lanes in September and October...
10 Sep 2014
A massive shift in market share on the east-west trades is in the pipeline as the order book of the Ocean Three (O3) and 2M alliances will see their combined megavessel capacity eclipse that of their more established G6 and CKYHE rivals.
09 Sep 2014
The “Ocean Three” Alliance among CMA CGM, China Shipping and United Arab Shipping Co. came together quickly after the formation of the “2M” vessel sharing agreement between Mediterranean Shipping Co. and Maersk, a deal that left CMA CGM seeking an alliance partner.
Malik al Ashtar container ship of UASC
09 Sep 2014
CMA CGM, China Shipping Container Lines and United Arab Shipping Co. today ended weeks of feverish speculation by unveiling the "Ocean Three" alliance that will operate some of the world’s biggest container vessels on the major east-west liner trade routes.
China Shipping container ship
08 Sep 2014
The three container lines planning to link up in a new vessel sharing agreement — CMA CGM, United Arab Shipping Co. and China Shipping Container Line — will initially operate 18 separate services covering the four major east-west trades, sources say.
UASC container ship
07 Sep 2014
CMA CGM, United Arab Shipping Co. and China Shipping Container Line will soon announce the formation of a new east-west vessel-sharing agreement, according to industry sources reached and news reports circulating Friday.
Weekly wrap-up: Top 50 container ports, carrier earnings and congestion
06 Sep 2014
Three container lines that have yet to declare their allegiance to an east-west alliance — CMA CGM, United Arab Shipping Co. and China Shipping Container Line — will soon announce...
03 Sep 2014
Ocean carriers’ operating margins in the first half of the year veered widely from top-ranked Maersk Line’s positive 7.3 percent to a negative 7.8 percent at Chile’s CSAV, according to industry analyst Alphaliner.
03 Sep 2014
Congestion at ports across Asia is creating havoc with shipping schedules, forcing a major intra-Asia specialist to cancel rotations as it battles lengthy delays.