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.

30 Nov 2016
A sale of Hambürg Sud would end a year of intense consolidation in the liner shipping industry, with Maersk Line and now CMA CGM reportedly interested in buying the German carrier.
18 Nov 2016
CMA CMG reports third quarter loss amid lower container volumes and rates, a year after posting a profit.
03 Nov 2016
The Ocean Alliance has released information on its network that begins on April 1, 2017, with the trans-Pacific to see the largest number of loops and port calls.
The fate of the Ocean Alliance had become uncertain in recent months after the US Federal Maritime Commission halted its review process to receive more information from alliance membners.
21 Oct 2016
US maritime regulators gave the green light to the Ocean Alliance to take sail on US trades in April.
20 Oct 2016
CMA CGM has signed a memorandum of understanding to promote liquefied natural gas as the marine fuel of the future.
13 Oct 2016
CMA CGM has named Michel Delville as the French ocean carrier’s CFO.
The MacAndrews and Company's Pollux is pictured at the Port of Bilbao. Credit: Capt. Niels Johannes.
21 Sep 2016
North European short-sea operators of the CMA CGM group are expanding their container capacity.
Feeder vessels take cargo delivered to transshipment hubs and gateway ports by mega-ships, such as the CMA CGM Benjamin Franklin, pictured, to smaller ports unable to handle such behemoths.
16 Sep 2016
CMA CGM is outsourcing some of its global feeder operations in a move rival carriers likely will follow.
It wasn't hard for shippers to find trans-Pacific capacity after Hanjin Shipping went bankrupt, and it's about to get easier still.
14 Sep 2016
Hanjin Shipping’s collapse has set off a rush by other container lines to add services and “extra loader” voyages.
06 Sep 2016
Hanjin Shipping's sudden exit has left shippers looking for capacity.
05 Sep 2016
CMA CGM has completed its acquisition of NOL and its liner unit APL.
CMA CGM believes a new plan to gain from synergies with APL will help it cut costs by $1 billion.
02 Sep 2016
CMA CGM swung to a second-quarter net loss due to “persistently” low freight rates.