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.

30 Nov 2016
A sale of Hambürg Sud would end a year of intense consolidation in the liner shipping industry, with Maersk Line and now CMA CGM reportedly interested in buying the German carrier.
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.
23 Mar 2016
CMA CGM has taken another step in its campaign to expand coverage of the African continent, adding direct calls to Djibouti and new inland connections with Ethiopia just days after teaming up with NileDutch to boost its West Africa service network.
18 Mar 2016
CMA CGM on Friday announced its debut in the intra-Mediterranean trade with a dedicated direct service between nine southern Europe, North Africa and Middle East ports.
17 Mar 2016
CMA CGM is accelerating its expansion in West Africa, introducing a new fleet, extending coverage and upgrading an existing line, building on its extensive ocean service and inland transport corridors into the hinterland.
12 Mar 2016
Capt. Chester “Chet” I. Hopkins III, a longtime maritime executive whose posts included vice president of operations at CMA CGM, died Thursday at Maine Medical Center in Portland, Maine. He was 75.