CMA CGM

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.

03 Mar 2015
The quality, availability and management of data has to improve if the supply chain is to efficiently handle the mountain of information that is now available to carriers and their customers, panelists said at the 13th annual TPM Conference in Long Beach, California.
Port of Santos, Brazil
17 Feb 2015
The Brazilian port of Santos recently handled the largest container ship in its history, the 10,900-TEU CMA CGM Tigris. But if Brazilian pilots have their way, neither it nor other big ships will be allowed to berth in Santos or other Brazilian ports.
16 Feb 2015
United Arab Shipping Co. on Monday said it will make its debut on the North Atlantic container trade lane in May via a new vessel-sharing partnership with French carrier CMA CGM and Germany’s Hamburg-Sud.
16 Feb 2015
The European Shippers’ Council urged competition regulators to step up monitoring of deals like the increased collaboration between CMA CGM and Hamburg-Sud, which “will make sure the container liner market will be one step closer to total convergence.”
11 Feb 2015
CMA CGM is equipping its containers with an innovative real-time data monitoring system that will enable the carrier and its customers to keep track of the location and specific conditions of their cargoes.
09 Feb 2015
French ocean carrier CMA CGM has introduced the biggest container ship to call at a Brazilian port as it beefs up its Asia- East Coast South America service.
05 Feb 2015
CMA CGM and Hamburg Sud are expanding their current cooperation agreement to several additional liner trade routes in the latest consolidation of global container networks.
04 Feb 2015
CMA CGM and Shipping Corporation of India have announced new rate restoration initiatives on the Asia-Europe trade lane, effective this month.
26 Jan 2015
The new carrier mega-alliances are set to shake up market share on the key Asia-North Europe liner trade while shippers will benefit from a greater choice of services, and probably lower freight rates, according to Drewry Shipping Consultants.
11 Jan 2015
The 2M alliance between Maersk Line and Mediterranean Shipping Co. began in Dalian at the weekend when the brand new Triple-E vessel, Munkebo Maersk, left the northern Chinese port for Busan in South Korea, its second stop on the Asia-Europe rotation.
02 Jan 2015
Short sea container lines and feeder operators in northern Europe are bracing for bankruptcies, shotgun sales and shuttered services in the coming months following the introduction of tough ship emission regulations that will significantly increase fuel costs on some of the world’s busiest shipping routes.
CMA CGM container ship in Hamburg, Germany
27 Dec 2014
CMA CGM on Friday released extensive details of the Ocean Three east-west alliance that it will begin early in 2015 along with United Arab Shipping Co. and China Shipping Container Line.