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CEVA Logistics is a global logistics and supply chain company that operates both freight management and contract logistics.It was purchased by the CMA CGM group in 2019. Since this purchase, CMA CGM has acquired other logistics and transportation companies to merge with and develop CEVA Logistics, such as Ingram Micro Commerce & Lifecycle Services and GEFCO.
CMA CGM is a French shipping and logistics company founded in 1978 by Jacques Saadé. [7]The name is an acronym of two predecessor companies, Compagnie Maritime d'Affrètement (CMA) and Compagnie Générale Maritime (CGM), translating as "Maritime Freighting Company" and "General Maritime Company", respectively.
The Ports Cluster owns and operates 10 terminals and ports in the UAE. [20] The Ports Cluster has partnerships with local and global partners including ADNOC , [ 23 ] COSCO SHIPPING Ports , [ 24 ] CMA CGM Group, [ 25 ] Mediterranean Shipping Company (MSC) [ 26 ] and Autoterminal Barcelona.
This is a list of the 30 largest container shipping companies as of February 2024, according to Alphaliner, ranked in order of the twenty-foot equivalent unit (TEU) capacity of their fleet. [1] In January 2022, MSC overtook Maersk for the container line with the largest shipping capacity for the first time since 1996. [ 2 ]
After the Malta Freeport in Marsaxlokk, Malta's container port was franchised to the French shipping company, CMA CGM, at least until the year 2038. When China Merchants Ports acquired a 49% stake in Terminal Link in 2013, it then obtained an approximate 25% stake in Malta Freeport Terminal while CMA CGM held the rest of the shares (51%).
Dubai Ports International (DPI) was founded in 1999. [4] Its first project was at Jeddah , Saudi Arabia , collaborating with a local partner on the South Container Terminal (SCT). DPI then began operations at the ports of Djibouti in 2000, Vizag , India in 2002 and Constanța , Romania in 2003. [ 4 ]
On May 8, 2023, Bolloré Group received an option from CMA CGM Group to acquire 100% of Bolloré Logistics for an enterprise value of €5 billion; this action is the result of special negotiations announced on 18 April 2023 between Bolloré Group and CMA CGM Group. [6] The acquisition was carried out in February 2024.
Two years later, he became Vice Chairman and member of the Board of Directors of the CMA CGM Group. [5] In November 2017, Rodolphe Saadé is appointed Chairman and CEO of the CMA CGM Group. [6] In April 2018, under the leadership of Rodolphe Saadé, the Group took a 25% stake in Ceva Logistics at the time of its initial public offering.