CMA CGM's asset
CMA CGM

@cma-cgm.com

The CMA CGM Group’s mission is to contribute to sustainable globalization through better balanced international trade that fosters both economic and social development while respecting the integrity of all men and women and the planet.

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About

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CMA CGM, headquartered in Marseille, France, is a leading international shipping company. It was founded in 1978 by Jacques R. Saadé and has since grown to become the fourth largest container shipping company in the world.


The company's headquarters are located in the CMA CGM Tower, an iconic building that serves as a symbol of the company's global presence. With its distinctive design, the tower stands tall in the heart of Marseille and is a testament to CMA CGM's commitment to innovation and growth. CMA CGM offers a comprehensive range of transportation and logistics services.


Its main products include containerized cargo transportation, which involves the shipment of goods in standardized containers. Additionally, the company offers freight forwarding services, custom brokerage, bulk cargo transportation, and multimodal solutions. CMA CGM operates a fleet of more than 550 vessels, serving more than 420 ports in 160 countries worldwide.


The company has established several noteworthy subsidiaries, joint ventures, and partnerships to enhance its global operations. One notable partnership is with China Merchants Port Holdings, forming the Terminal Link joint venture. This joint venture operates terminals in various countries, supporting CMA CGM's international shipping operations.


The company also has a strategic partnership with the Danish container shipping company, MSC, to form the 2M Alliance, which involves collaboration on various routes and services. In terms of market position, CMA CGM has a significant presence in the global shipping industry. It ranks among the top players in terms of market share, global sales, and container capacity.


Its main competitors include Maersk Line, MSC, and COSCO Shipping Lines. Over the years, CMA CGM has achieved several significant milestones and strategic changes. In 2016, the company acquired Neptune Orient Lines (NOL), strengthening its presence in Asia and solidifying its position as a major player in the industry.


In recent years, CMA CGM has also focused on sustainability, implementing initiatives to reduce its carbon footprint and promote eco-friendly operations. Currently, CMA CGM continues to expand its global network and enhance its services. The company recently announced the acquisition of CEVA Logistics, a leading global logistics and supply chain management company.


This acquisition further strengthens CMA CGM's position in the logistics industry and allows for the integration of end-to-end solutions. In conclusion, CMA CGM is a reputable global shipping company based in France. With a strong market position and a wide range of services, the company continues to pursue growth and innovation to meet the evolving needs of its customers

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Company Type

Privately Held

Company Size

10,001+

Year Founded

1978

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