CMA CGM

CMA CGM
Company typeSociété Anonyme, Private
IndustryFreight transport
PredecessorCompagnie Générale Transatlantique and Messageries Maritimes
Founded13 September 1978; 46 years ago (1978-09-13)[1]
FounderJacques R. Saadé
Headquarters,
France
Area served
Worldwide
Key people
Rodolphe Saadé (Executive Chairman and CEO)
Tanya Saadé Zeenny (Director and Executive Officer)
ProductsContainer shipping and terminals, logistics and freight forwarding, ferry and tanker transport
RevenueDecrease $47.02 billion (2023)[2]
Decrease $9.01 billion (2023)[2]
Decrease $3.64 billion (2023)[2]
Total assetsIncrease $51.98 billion (2021)[3]
Total equityIncrease $23.91 billion (2021)[3]
Number of employees
155,000[4]
SubsidiariesList of subsidiaries
Websitecma-cgm.com
Footnotes / references
[5][6]

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.

The company is headquartered at the CMA CGM Tower in Marseille, France,[8] and is the third largest container shipping company in the world.[9] The company's 2023 annual revenue was US$47 billion.[4]

CMA CGM business activities include shipping, port operation, supply chain management and warehousing, with a presence in 160 countries through 400 offices, 750 warehouses, 155,000 employees and a wide fleet of 593 vessels. CMA CGM serves 420 of the world's 521 commercial ports and operates 257 shipping lines.[4]

  1. ^ "September 13, 1978 – September 13, 2022: 44 years of passion!". CMA CGM. 7 June 2023.
  2. ^ a b c "2023 annual financial results: Exceptional annual performance, despite a marked slowdown in business since the fourth quarter". CMA CGM. Retrieved 8 March 2024.
  3. ^ a b "Consolidated Financial Statements. Year ended December 31, 2021" (PDF). CMA CGM. Retrieved 8 March 2022.
  4. ^ a b c "BETTER WAYS, making supply chains more sustainable every day". CMA CGM. Retrieved 7 June 2023.
  5. ^ "About Us". CMA CGM.
  6. ^ "Consolidated Financial Statements" (PDF). CMA CGM.
  7. ^ Nouvelle, L'Usine (9 February 2017). "Rodolphe Saadé, nouveau directeur général de CMA CGM - L'Usine Aéro".
  8. ^ "CMA CGM Headquarters". Zaha Hadid Architects. Retrieved 14 March 2024.
  9. ^ "Alphaliner TOP 100". Alphaliner. Retrieved 14 March 2024.