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.

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.
22 Oct 2013
Mario Cordero, chairman of the U.S. Federal Maritime Commission, has called on fellow regulators in the European Union and China to join him in a global regulatory summit on the proposed P3 Network.
CMA CGM
22 Oct 2013
CMA CGM has teamed up with German software firm SAP to develop what the French ocean carrier claims is the first information system dedicated to container shipping.
20 Oct 2013
Major container lines have announced planned rate increases for a variety of trades, as detailed below, slated to take effect in November and December.
20 Oct 2013
Mediterranean Shipping Co. released details of the massive vessel-sharing alliance that also will include Maersk Line and CMA CGM and will launch next spring if it wins regulatory approval.
Port cranes in Mobile, Ala.
18 Oct 2013
Jimmy Lyons is on a hunt for a lot more empty import containers to load with all the export cargo funneling through the Port of Mobile.
17 Oct 2013
SHENZHEN, China — China’s shipping industry faces further turmoil as the country imposes new polices aimed at reining in severe overcapacity in the steel, cement, electrolytic aluminum, plate glass and shipping industries, according to the head of the Shanghai Shipping Exchange.
Shipping containers in port with crane
16 Oct 2013
Container shipping lines in the Transpacific Stabilization Agreement Westbound section are attempting to set...
CMA CGM Marco Polo in Hong Kong. © CMA CGM.
16 Oct 2013
Moody’s Investors Service upgraded CMA CGM’s corporate rating to B2 from B3, citing the French ocean carrier’s return to a more stable operating and financial profile.
11 Oct 2013
Major container lines have announced planned rate increases for a variety of trades, as detailed below, slated to take effect in November.
30 Sep 2013
An increase in sailing cancellations is on the horizon as the P3 Network alliance has yet to indicate its intentions in detail...
27 Sep 2013
Major container lines have announced planned rate increases for a variety of trades, as detailed below, slated to take effect in October and November.