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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.
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%).
CMA CGM France: 3,635,418 634 12.7% [Note 3] Ocean Alliance 4 COSCO Shipping Lines (COSCO) China: 3,092,220 491 10.8% [Note 4] Ocean Alliance 5 Hapag-Lloyd Germany: 2,004,030 274 7.0% [Note 5] THE Alliance (until February 2025) Gemini (from March 2025) 6 Ocean Network Express (ONE) Japan: 1,809,846 232 6.3% [Note 6] THE Alliance(until February ...
American President Lines, LLC (APL, formerly American President Lines Ltd.), is an American container shipping company that is a subsidiary of French shipping company CMA CGM. It operates an all-container ship fleet, including nine U.S. flagged container vessels.
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.
In May 2022, CMA CGM, the airline's parent company signed a strategic partnership with Air France–KLM to develop their air cargo capacities together. However, this partnership, implemented in April 2023, [ 4 ] has been terminated by mutual agreement in January 2024 without change in the 9% stake acquired by CMA CGM in the Franco-Dutch airline ...
CMA CGM Jacques Saadé is a container ship operated by CMA CGM. She entered commercial operation on 23 September 2020 and is the first of a class of nine sister ships which at the time of construction were the world's largest vessels to be powered using liquefied natural gas .
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.