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.

17 Sep 2014
CMA CGM has upgraded its Amerigo service between the U.S. and the Mediterranean with the addition of a new call in Miami.
Maersk Line ship
11 Nov 2013
The Federal Maritime Commission likely will focus on two key words — “unreasonable” and “likely” — as it determines in the coming weeks whether to allow or block the proposed alliance of the three largest global container lines.
Ships at a terminal
11 Nov 2013
A significant change in the relationship between shipping lines and marine terminal operators is under way, with carriers placing less emphasis on owning and operating their own facilities and more emphasis on reducing costs and preserving capital.
CMA CGM Corte Real calls at the Port of Long Beach.
07 Nov 2013
LONG BEACH, Calif. — The arrival in Long Beach this week of the CMA CGM Corte Real, with a capacity of 14,000 20-foot containers, will produce a new North American record for cargo-handling as more than 10,000 container moves will take place during the vessel’s stay.
04 Nov 2013
CMA CGM has added a weekly call at the Port of Vitoria, Brazil, to its fixed-day, weekly BRAZEX service connecting South America’s east coast to the Caribbean.
Wake of a ship
04 Nov 2013
The service schedule for the launch of the P3 Network in May 2014 indicates that its three member carriers intend to maintain or even accelerate vessel speeds.
01 Nov 2013
Major container lines have announced planned rate increases for a variety of trades, as detailed below, slated to take effect in November and December.
Pieces of the P3 puzzle
29 Oct 2013
As shippers obtain more information about how the P3 Network would operate, regulators are pressing the three member carriers to explain how the alliance will affect schedule reliability and competition.
28 Oct 2013
Cheng Lie Navigation, part of CMA CGM, has launched a new intra-Asia service, the KVT, connecting South Korea to Thailand and Vietnam.
Thumbnail of P3 infographic
28 Oct 2013
The three container lines partnering on the proposed P3 Network last week released details of their proposed alliance to serve the major east-west trades.
28 Oct 2013
The service schedule that the P3 Alliance plans to launch next May indicates that Maersk Line, Mediterranean Shipping Co. and CMA CGM will boost the combined capacity of their services on the trans-Pacific by a significant amount, while the increases will be smaller on the Asia-Europe and Asia-Mediterranean lanes.
25 Oct 2013
Major container lines have announced planned rate increases for a variety of trades, as detailed below, slated to take effect in November and December.