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 July 25
25 Jul 2014
Several container lines have planned general rate increases in multiple trade lanes in August, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
Container ship in Hamburg, Germany.
08 Apr 2014
The 2013 financial reporting season for container lines ended for many carriers in a sea of red ink as high bunker prices and weak freight rates combined to drag down profits.
03 Apr 2014
CMA CGM plans to revise two service loops between North Europe and South America’s east coast as of mid-April.
CMA CGM Marco Polo
31 Mar 2014
CMA CGM’s net profit surged almost 23 percent in 2013, driven by the sale of a stake in its ports unit, but the French ocean carrier lost money in a volatile fourth quarter.
Ocean Carrier Rate Revision Roundup for March 28
28 Mar 2014
Multiple carriers have planned rate increases in various trade lanes in April and May, although any gains achieved could be fleeting as overcapacity and lackluster global demand continues.
REX3/RES2/ARC2 port rotation
24 Mar 2014
CMA CGM, China Shipping Container Lines and United Arab Shipping Co. will launch a new jointly operated, fixed-day weekly service...
Ocean carrier rate revision roundup for March 21
21 Mar 2014
Several container lines have scheduled rate hikes in multiple trade lanes from April to May, although any increases achieved could be temporary...
21 Mar 2014
Maersk Line and CMA CGM are set to dominate the Asia-West Africa liner trade when they combine their direct services in April.
12 Mar 2014
Box Ships posted its 11th consecutive quarterly profit, but the Greek container shipowner skipped a dividend payment to help it survive a slumping charter market.
Port of Shanghai
12 Mar 2014
Carriers’ schedule reliability from Shanghai to Oakland, Calif., showed the greatest variation in eastbound Asia-to-Southern California route performances...
07 Mar 2014
Several container lines have scheduled rate hikes in multiple trade lanes from April to May, although any increases achieved could be temporary...
Ocean Carrier Rate Revision Roundup for Feb. 28
28 Feb 2014
Multiple container lines hope to increase rates in a variety of trade lanes from March through June, although any hikes achieved could be fleeting...