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.

21 Jun 2016
Container lines are postponing peak-season surcharges on the trans-Pacific.
14 Jun 2016
CMA CGM named a new CEO and CFO for NOL.
09 Jun 2016
CMA CGM takes yet another major step toward its NOL acquisition.
PSA Terminal in Singapore
09 Jun 2016
CMA CGM has agreed to form a joint venture with Singapore-based PSA.
06 Jun 2016
French container line launches all-cash offer for NOL shares.
01 Jun 2016
French container line offers online page to help customers.
30 May 2016
Another week, another step closer for CMA CGM toward acquiring NOL.
25 May 2016
Chinese regulators have approved the French line's takeover of NOL.
20 May 2016
Volume growth couldn't propel CMA CGM to a profit in the first quarter.
29 Apr 2016
CMA CGM, the third-largest global container line, got the go-ahead on Friday from the European Union to acquire Neptune Orient Lines, the parent company of APL, but with one condition.
28 Apr 2016
CMA CGM has introduced a new container to corner the live lobster market.
20 Apr 2016
The much-anticipated launch of a weekly service with six mega-ships, each with a capacity of almost 18,000 twenty-foot-equivalent units, to Long Beach and Oakland is being delayed, having fallen victim to the extremely low freight rates freight rates in the trans-Pacific trade.