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.

16 Jun 2015
CMA CGM has strengthened its services to Turkey by adding a call to the port of Iskenderun in order to serve rising demand for raw materials that are converted into industrial inputs and finished products.
CMA CGM Corte Real
29 Aug 2014
CMA CGM, the world’s third-largest carrier in deployed capacity, increased revenue and cut operating expenses in the April through June period according to quarterly figures released today.
27 Aug 2014
CMA CGM has joined other major liner operators in imposing congestion surcharges on inbound inland containers handled at the ports of Jawaharlal Nehru (Nhava Sheva) and Pipavav, India’s leading container hubs, to compensate for the extra costs caused by intermodal delays.
24 Aug 2014
Carriers in the east-west head-haul trades may opt to cancel fewer sailings this year in response to reduced volumes of China during the country’s Golden Week holiday in early October.
Weekly wrap-up for Aug. 23, 2014
23 Aug 2014
In the latest instance of drayage-related disruption, violence flared at Ningbo’s Beilun Container Port as thousands of striking truck drivers clashed with riot police and smashed the windshields of trucks crossing a picket line. The past week’s protests brought the world’s sixth-largest container port to a standstill, with carriers reportedly diverting ships.
22 Aug 2014
CMA CGM, China Shipping Container Lines, Orient Overseas Container Lines and Pacific International Lines have plans to launch a joint service connecting Northeast Asia, Australia and New Zealand.
Ocean carrier rate revision roundup for Aug. 22
22 Aug 2014
Multiple container lines have planned general rate increases in numerous trade lanes in the coming months, although any gains achieved could be fleeting as overcapacity and sluggish global demand continue.
21 Aug 2014
CMA CGM, the world’s third-largest container line in deployed capacity, plans to make a port on a French island in the Indian Ocean into a transshipment hub to serve markets in Africa, the company said in a statement.
18 Aug 2014
Multiple container lines have planned general rate increases in numerous trade lanes in August, although any gains achieved could be fleeting as overcapacity and sluggish global demand continue.
CMA CGM was correct in saying its PEX3 service had the fastest transit time from Yantian to Los Angeles at 13 days.
11 Aug 2014
It is becoming increasingly difficult for a shipper to determine which carrier in the eastbound trans-Pacific has the fastest transit time between two given ports, according to a new analysis from SeaIntel, a consulting firm.
Ocean carrier rate revision roundup for August 8
08 Aug 2014
Major container lines announced general rate increases taking place in mid-August through October this week.
Bremerhaven
06 Aug 2014
The U.S. ocean container trade via European ports, including transshipments, increased 3.8 percent year-over-year to 4.6 million laden 20-foot-equivalent units in the 12 months ending March 2014, according to PIERS, the data division of JOC Group.