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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.
Two years later in 1998 came the acquisition by CMA of the National Australian Line ANL and in the following year 1999 merger of CMA and CGM and creation of the CMA CGM Group. [9] In 2006, Saadé concluded the acquisition of DELMAS and the CMA CGM Group became the third-largest shipping Group in the world. Three additional acquisitions were ...
The Compagnie Marocaine de Navigation or Comanav (Arabic: الشركة المغربية للملاحة البحرية ; Moroccan Navigation Company) is a Moroccan shipping company and wholly owned subsidiary of the CMA CGM Group. Currently, it is the leader in the Moroccan market for maritime transport of passengers and freight, as well as port ...
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%).
Comerica's (CMA) stellar revenue and earnings growth prospects along with involvement in strategic efforts to grow efficiency make it an attractive stock.
On 28 June 2016, CMA CGM said it will proceed to delist NOL, after it crossed the 90 per cent ownership threshold in the company and NOL was subsequently delisted on 5 September 2016. [ 4 ] [ 12 ] In May 2017, less than a year after the NOL acquisition, CMA reported turning a net profit of $26 million from the NOL business in the first quarter ...
Microsoft later reached an agreement with the UK's Competition and Markets Authority (CMA) to relinquish certain cloud gaming rights contained in its original plan, paving the way for the deal to ...
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.