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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.
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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.
On June 10, 2016, APL and NOL became subsidiaries of CMA-CGM when over 90% of Singapore stocks were purchased by the container line. [31] Later that year, CMA CGM subsidiary U.S. Lines as well as the transpacific business of ANL was consolidated into APL.
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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.
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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 .