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.

23 Jul 2014
CMA CGM said it will reorganize the rotations of its ASAF and WAX lines to improve service between Asia and West Africa.
06 Sep 2013
Major container lines have announced rate increases for a variety of trades, as detailed below, slated to take effect in September and October...
Rodolphe Saade
05 Sep 2013
CMA CGM is building a war chest. The French ocean carrier has nurtured its debt-ridden balance sheet back to health and is raising capital to guard against future down cycles in what promises to be an increasingly volatile environment for the container shipping industry.
CMA CGM container ship
29 Aug 2013
CMA CGM’s second quarter net income jumped to $268 million from $169 million a year ago, mainly because of the sale of a large minority stake in its ports unit.
16 Aug 2013
Major container lines have announced rate increases for a variety of trades, as detailed below, slated to take effect in August, September and October.
CMA CGM Marco Polo
13 Aug 2013
CMA CGM vessels may become part of the Daily Maersk service from Asia to Europe next year when the French carrier joins Maersk Line and Mediterranean Shipping Co. in the new P3 Network.
09 Aug 2013
Major container lines have announced rate increases for a variety of trades, as detailed below, slated to take effect in August, September and October.
CMA CGM Medea in the Port of Le Havre
06 Aug 2013
Buoyed by profits, the sale of some assets and cash infusions from two outside investors, CMA CGM is sporting a much healthier balance sheet this year than it was just two years ago. If it continues to post profits and the financial markets allow, it will launch an initial public offering of its stock at the end of 2014.
02 Aug 2013
Major container lines have announced rate increases for a variety of trades, as detailed below, slated to take effect in
CMA CGM's Marco Polo in Hong Kong
01 Aug 2013
Thanks to an improving balance sheet and new financing from Chinese shipyards, CMA CGM is expanding the number of new 16,000 20-foot-equivalent unit container ships it plans to order.
TCB handled 3,784 loading and unloading movements in 28 hours.
26 Jul 2013
Spain’s Terminal de Contenidors de Barcelona, part of Grup Marítim TCB, has set a new company record for movements in handling a single ship.