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.

13 Jun 2017
French carrier CMA CGM declared Tuesday that it will buy Brazilian flag carrier Mercosul Line from Maersk Line.
31 Aug 2015
China Merchants Holdings (International)’s first half net profit jumped 29 percent year-over-year to HK$2.8 billion ($US 361 million) after throughput gains at Chinese terminals exceeded China’s overall container growth rate and traffic through overseas facilities rose at a double-digit clip.
31 Aug 2015
CMA CGM ‘s second quarter net profit jumped 66.7 percent as rising volumes and lower costs driven by oil prices offset a 7.8 percent drop in average revenue per container.
21 Aug 2015
CMA CGM said it will temporarily suspend its Liberty Solo service, the smallest of the carrier’s four services between North Europe and the U.S. East Coast.
18 Aug 2015
Several Asia-Europe container lines have announced Sept. 1 general rate increases of up to $1,000 per 20-foot-equivalent unit despite a persistently weak market that has undercut monthly GRIs all year.
17 Aug 2015
CMA CGM is switching its Indian port calls on the CIMEX 2N service, an intra-Asia loop connecting major ports in China and the Indian subcontinent region by switching one of the service’s India calls to Mundra from Pipavav.
14 Aug 2015
More ocean carriers have announced emergency surcharges for Jawaharlal Nehru Port-bound cargo to offset extra costs caused by the week-long shutdown of APM Terminals’ Gateway Terminals India.
11 Aug 2015
Russia plans to increase container volume through the Baltic Sea via the opening of a Bronka seaport and CMA CGM weekly services set to begin calling the port in September.
04 Aug 2015
CMA CGM plans to deploy three 2,100 twenty-foot-equivalent unit container ships with heavy refrigerated capacity on the North Europe-Caribbean trade lane to handle forecasted rising demand.
22 Jul 2015
The first half of 2015 brought seven new services to Busan’s youngest terminal and an additional 1 million 20-foot-equivalent unit containers through South Korea’s largest marine gateway, port officials said Wednesday.
20 Jul 2015
Hapag-Lloyd and CMA CGM have implemented general rate increases on cargo bound for the Middle East from East Asia, as trade is forecast to build modestly.
16 Jul 2015
CMA CGM is beefing its Mediterranean to West Africa service less than a week after announcing a general rate increase from East Asia to West Africa, suggesting that container volumes in the region are growing.