CMA CGM

CMA CGM

CMA CGM is the world’s third-largest container shipping company, operating a fleet of 428 ships and serving more than 400 ports around the world.

The group, founded and led by Jacques R. Saadé, had turnover of $15.9 billion in 2013 on volume of 11.4 million TEUs (20-foot equivalent units).

CMA CGM is based in Marseilles but has a network of 650 agencies and branch offices in 150 countries. It employs more than 18,000 people globally.

Ocean carrier rate revision roundup for Aug. 29
29 Aug 2014
Several container lines have planned general rate increases in trade lanes in the next two months, but any gains achieved could be fleeting as overcapacity and sluggish global demand continue.
Ocean Carrier Rate Revision Roundup for June 6
06 Jun 2014
Numerous container lines have planned general rate increases in various trade routes to take effect July 1, although any gains achieved could be fleeting as overcapacity and sluggish global demand continue.
Ocean Carrier Rate Revision Roundup for May 30
30 May 2014
Multiple container lines have planned general rate increases in various trade routes in June and July, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
28 May 2014
Maersk Line says it decided to defer the launch of the P3 Network until autumn to avoid disrupting services during the peak season.
27 May 2014
CMA CGM booked a 1.2 percent increase in first quarter net profit as increased container traffic on key east/west routes helped to offset softer freight rates.
21 May 2014
The much anticipated alliance of Maersk Line, Mediterranean Shipping Co. and CMA CGM will not start operations before September this year as it continues to wait for regulatory approval.
Ocean Carrier Rate Revision Roundup for May 16
16 May 2014
Multiple carriers have planned general rate increases in various trade lanes in June and July, although any gains achieved could be fleeting as overcapacity and sluggish global demand continue.
05 May 2014
Hapag-Lloyd is offering two new feeder services to Venezuela and Trinidad and Tobago, effective this month.
Ocean Carrier Rate Revision Roundup for May 2
02 May 2014
Several carriers have planned general rate increases in multiple trade lanes in May and June, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
25 Apr 2014
The world’s top three container lines appear to have little visibility into whether Chinese regulators will join their U.S. and European counterparts in allowing the carriers’ P3 alliance to take effect.
Ocean Carrier Rate Revision Roundup for April 25
25 Apr 2014
Multiple carriers have scheduled general rate increases in various trade lanes in May, June and July, although any gains achieved could be fleeting as overcapacity and sluggish global demand continues.
Maersk Mc-Kinney Moller
23 Apr 2014
What is today a small club of carriers operating or having ordered 18,000-TEU ships or larger is likely to grow, but not necessarily overnight, as carriers intensify their focus on reducing costs without regard to greater market or infrastructure implications.