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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.
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.
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.
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.
CMA CGM Benjamin Franklin leaves the port of Hamburg in July 2016. CMA CGM Benjamin Franklin is an Explorer-class container ship built for CMA CGM. Delivered in November 2015, [3] she is named after Benjamin Franklin, one of the Founding Fathers of the United States. She is one of the largest container cargo vessels, capable of carrying 18,000 TEU.
The first ship, CMA CGM Jacques Saadé, named after the founder of CMA CGM Jacques Saadé, was launched in September 2019. [2] The first ship was originally expected to be delivered in November 2019, [ 1 ] but it was delivered on 22 September 2020 [ 3 ] after a delay of at least 10 months by China State Shipbuilding Corporation (CSSC).
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