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.

08 Feb 2017
Rodolphe Saade joined CMA CGM in 1994.
10 Jul 2015
CMA CGM has announced a general rate increase for shipments from Asia to West Africa, as trade between Japan and Nigeria, West Africa’s largest economy, has exploded in the past few years.
07 Jul 2015
European Union competition regulators approved French carrier CMA CGM’s acquisition of OPDR, the German short-sea shipping line.
06 Jul 2015
CMA CGM has reorganized the port rotation of its Europe-Pakistan-India Consortium, or EPIC, service by adding a direct call at Hazira, India, in an attempt to circumvent growing delays at the nearby public port of Nhava Sheva.
02 Jul 2015
Speculation is rising that the three largest global container lines are considering buying the last surviving Brazilian-owned container shipping company, Log-In Logistica Ltda.
30 Jun 2015
CMA CGM will sign a $1 billion financing agreement with the Export-Import Bank of China on Wednesday when Chinese premier Li Keqiang visits the French carrier’s headquarters.
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.
15 Jun 2015
CMA CGM said it has successfully closed the issue of 725 million euros ($812 million) of its 7.75 percent senior unsecured bonds due 2021.
12 Jun 2015
In its most aggressive move in the African market in years, APM Terminals has begun construction on a new container terminal at Ghana’s largest container gateway and plans to invest heavily on inland connections to allow growing volume to move more efficiently to and from the hinterland.
05 Jun 2015
CMA CGM has ordered six ships with capacities of 14,000 twenty-foot-equivalent units for delivery in early 2017 by South Korea’s Hyundai Heavy Industries Ulsan shipyard.
01 Jun 2015
CMA CGM’s new Wazzan service linking Morocco and Northwest Africa is designed to tap into a growing intra-Afric
26 May 2015
CMA CGM is launching a trans-Atlantic service with Hamburg Sud and United Arab Shipping Co., and enhancing another service after the French carrier shipped 35 percent more volume between the U.S. East Coast and North Europe in the first three months compared to the same period year ago.