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CMA CGM logo.jpg

CMA CGM S.A. is a French container transportation and shipping company, headed by Jacques Saadé. It is the third largest container company in the world, using 200 shipping routes between 400 ports in 150 different countries.[1] Its headquarters are in Marseille, and its North American headquarters are in Norfolk, Virginia, USA.

Contents

History

CMA CGM container loaded on a truck to be delivered to Alexandria port, Egypt

The history of CMA CGM can be traced back to 1851 when Messageries Maritimes (MM) was established. Another component company, Compagnie Générale Maritime (CGM), was founded in 1855 and renamed as Compagnie Générale Transatlantique in 1861. The two companies merged to form Compagnie Générale Maritime in 1973 as a French state-run entity.

Jacques Saadé, created CMA in 1978 as an intra-Mediterranean liner service. In 1996, CGM was privatized and sold to Compagnie Maritime d'Affrètement (CMA) to form CMA CGM..[2]

In 1998 the combined company purchased Australian National Lines (ANL). The company is still growing and has ordered 58 new vessels (owned outright or on long-term leases) to be delivered over the next four years.

CMA CGM Tower under construction in Marseille

CMA CGM acquired its French rival Delmas based in Le Havre from the Bolloré group in September 2005 for 600 million Euros. The acquisition was completed in early January 5, 2006. The resulting corporation became the third largest container company in the world behind the Danish A.P. Moller-Maersk Group and the Swiss Mediterranean Shipping Company S.A..[3]

On April 4, 2008, pirates seized the CMA CGM luxury cruise ship "Le Ponant" off the coast of Somalia.

Key figures[4] (*teus : twenty-foot equivalent units)
CMA CGM 2008
Total Revenue USD 15,1 billions
Number of containers carried 8.9 million teus*
Total fleet vessel 350
Staff Worldwide 17,000 employees
Staff in France 4,200 employees
World ranking 3rd

Subsidiaries

  • Terminal Link - Container Terminals developer and operator, ranked N°12 worldwide
  • Rail Link (multimodal rail-bound transport solutions)
  • River Shuttle Containers (Rhône – Saône axis containerised river transportation)
  • CMA CGM Logistics (purchase to delivery global carrier)
  • Qualitair & Sea (custom engineering air freight logistics)
  • Progeco (container: sales, leasing & repairing)
  • Australian National Lines ANL (Oceania, Asia, Europe & US trades)
  • COMANAV (Passenger ferry and container services from Morocco to Europe)
  • MacAndrews (Iberian Peninsula shipping and travel industry services)
  • Delmas (Container and RoRo line)
  • OT Africa Line (West Africa container line)
  • CMA CGM Croisières & Tourisme
    • Yacht luxury cruises (64-passenger Ponant, 90-passenger Levant, and 226-passenger Diamant)
    • Trips onboard container carriers
  • Compagnie des Îles du Ponant (leading French-flagged cruise company)
  • Tapis Rouge International (luxury travel tour operator)
  • CMA Ships (a wholly owned subsidiary managing all fleet-related operations)
  • Cheng-Lie Navigation Co. Ltd (Intra-Asia Container Line based at Taiwan)

Maritime Lines

  • ECS (Europe Caribbean Service)
  • ACSA (Asia Latin America)
  • FAL (Europe Far East Service)
  • NAF (North Africa Service)
  • SAMWAF (Latin America West Africa)

References

External links

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