CMA CGM

CMA CGM is the world’s third-largest container shipping company by capacity worldwide and No. 1 in France. Founded in Marseille in 1978 by Jacques Saadé, CMA CGM is present in over 150 countries, with 18,000 employees worldwide. It will join the Ocean Alliance when that vessel-sharing agreement takes effect from April 2017.

Webcasts

Midyear Trucking Report: Is a Rally or Retreat Ahead?
Aug 25, 2016 2:00PM EDT
CMA CGM has been investing in Traxens container monitoring solutions, one of which is pictured, since 2015.
27 Jul 2016
Mediterranean Shipping Co. has joined CMA CGM as a co-investor in Traxens.
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.
20 Apr 2016
The Ocean Alliance was born in Shanghai on Wednesday as CMA CGM, China Cosco Shipping, Evergreen Line and OOCL signed a memorandum of understanding to offer more than 40 global services connecting markets in Asia, Europe and the United States.
19 Apr 2016
CMA CGM, China Cosco Shipping, Evergreen Line and OOCL on Wednesday morning are expected to announce in Shanghai that they will form a shipping alliance, a move aimed at blunting the power of the major vessel-sharing agreement between the two largest global container lines, Maersk Line and Mediterranean Shipping Co.
07 Apr 2016
Global container lines operating in Russia that were found guilty of collusion in 2012 and 2013 are appealing the controversial decision of Russia’s Federal Anti-Monopoly Service that threw a shadow on their image in the country.
04 Apr 2016
Standard & Poor’s has downgraded CMA CGM’s long-term corporate credit rating to B from B+, saying the French container line’s earnings will be "constrained" by the "challenging" conditions in container shipping through 2017.