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.

The MacAndrews and Company's Pollux is pictured at the Port of Bilbao. Credit: Capt. Niels Johannes.
21 Sep 2016
North European short-sea operators of the CMA CGM group are expanding their container capacity.
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.
07 Mar 2016
CMA CGM’s revenue and profit slipped last year despite a 6.3 percent volume increase, but the French carrier said it’s counting on cost cuts and the pending acquisition of Singapore’s NOL to overcome a “tough” start to 2016.
04 Mar 2016
Mundra, a privately-operated, minor cargo complex with modern infrastructure and ample hinterland connectivity, is emerging as an attractive port call for major container lines operating to and from India.
04 Mar 2016
CMA CGM this week released two trade announcements upgrading its coverage on trades to and from India.
03 Mar 2016
CMA CGM plans to upgrade a trans-Pacific service to the West Coast by deploying six ships with capacities of 18,000 twenty-foot-equivalent units, starting late May, a bet that container terminals can handle the largest mega-ships to call the U.S. and that volume will steadily grow.
16 Feb 2016
CMA CGM and Cosco are leading efforts to create a new vessel-sharing alliance that could include Evergreen Line and OOCL and would shake up three of the four major east-west carrier groupings, the Alphaliner newsletter reported.
16 Feb 2016
Fifteen leading ocean container carriers, including Maersk Line, Mediterranean Shipping Co. and CMA CGM, have offered to change their practices for setting freight rates to settle an antitrust probe, the European Commission said Tuesday