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.

Ocean carrier rate revision roundup for July 25
25 Jul 2014
Several container lines have planned general rate increases in multiple trade lanes in August, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
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.
Weekly wrap-up for July 19
19 Jul 2014
While it is obvious that beneficial cargo owners shipped early this year through the West Coast in anticipation of the July 1 deadline for contract negotiations between the International Longshore and Warehouse Union and waterfront employers, reports of cargo surges at Canadian and U.S. East Coast ports in May and June indicate retailers were also diverting shipments away from West Coast ports.
Ocean carrier rate revision roundup for July 18
18 Jul 2014
Multiple carriers have announced general rate increases on several trade routes to take effect in August.
CMA CGM Corte Real at the Port of Long Beach
14 Jul 2014
United Arab Shipping Co. and China Shipping Container Line are the “most obvious” partners for CMA CGM after the French ocean carrier was excluded from the recently unveiled 2M alliance between Maersk Line and Mediterranean Shipping Co., according to Drewry Maritime Research.
P3 broken links
09 Jul 2014
It ended so fast. With one statement, the countless hours and money spent over the last year to prepare for one of the biggest — if not the biggest — game-changers in global container shipping went up in smoke.
07 Jul 2014
Minsheng Financial Leasing will receive $295 million from the Korean and Chinese export-import banks to build three 18,400-TEU ships that will be leased to Mediterranean Shipping Co. in the second half of 2015.
04 Jul 2014
CMA CGM has teamed up with India’s largest port company to build and operate a fourth container terminal at the port of Mundra.
Ocean carrier rate revision roundup for July 4
04 Jul 2014
Several container lines have planned general rate increases in multiple trade routes to take effect Aug. 1...
Maersk ship in Tanjung Pelepas
30 Jun 2014
Container lines considering launching major highly structured vessel-sharing agreements in Chinese trade lanes would be wise to consider factors other than just market share, said an attorney familiar with Chinese transportation policy.
Ocean carrier rate revision roundup for June 27
27 Jun 2014
Several container lines have planned general rate increases in multiple trade routes to take effect in July, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
CMA CGM’s new 9,400-TEU CMA CGM Danube is the first in a series of 28 ships.
27 Jun 2014
CMA CGM’s new container ship, the 9,400-TEU CMA CGM Danube, is slated to begin its maiden voyage next week