May 06, 2016 7:35 AM ET

Marine

Company Overview of CMA CGM S.A.

Company Overview

CMA CGM S.A. operates as a container shipping company worldwide. The company provides dry containers, including general-use, pallet wide, and specialized containers; refrigerated containers for the containerization of tropical fruits; and XXL cargos for the transportation of oversized cargo, such as luxury yachts, helicopters, large machinery, railroad cars, oversized turbines, and generators, as well as other cargos with non-standard dimensions and weights. It also owns and operates vessels. As of December 31, 2015, the company operated 383 vessels. In addition, it operates a network of container terminals and stevedores, and owns interests in 14 terminals; and engages in the conception, ac...

4, Quai d’Arenc

Cedex 02

Marseille,  13235

France

20,411 Employees

Phone:

33 4 88 91 90 00

Fax:

33 4 88 91 90 95

Key Executives for CMA CGM S.A.

Founder, Chairman and Chief Executive Officer
Age: 78
Chief Financial Officer
Age: 54
Chief Executive Officer of Terminal Link USA
Vice-Chairman, Deputy Chief Executive Officer, Chairman of Delmas
Age: 45
Executive Officer and Director
Age: 76
Compensation as of Fiscal Year 2015.

CMA CGM S.A. Key Developments

CMA CGM Presents at HSBC 10th Annual Shipping & Aviation Conference, Apr-12-2016 09:30 AM

CMA CGM Presents at HSBC 10th Annual Shipping & Aviation Conference, Apr-12-2016 09:30 AM. Venue: HSBC Main Building, Hong Kong. Speakers: Rohan Nevrekar, Asia Procurement Director.

CMA CGM launches WEMED service to Intra Mediterranean

CMA CGM announced the launch of WEMED service to intra Mediterranean. The WEMED service (West Med - East Med) was launched on March 11, 2016 and offers the group's clients direct transport solutions to Eastern Mediterranean countries (France, Spain, Algeria) an Western Mediterranean countries (Turkey, Lebanon, Egypt). The WEMED line is the first and only CMA CGM service to be fully dedicated to Mediterranean countries. It directly links Eastern Mediterranean countries (France, Spain, Algeria) to Western Mediterranean countries (Turkey, Lebanon, Egypt) via Malta, a CMA CGM major hub offering transshipment connections towards worldwide markets. The WEMED line offer strong performances for East Mediterranean countries: Transit times offered from Southern Europe to East Mediterranean Sea are among the best on the market: Turkey is linked in 7 days from Valencia, and 9 days from Marseille; and The WEMED line offers the only direct and weekly connection from Mersin, Istanbul, Beirut and Alexandria to Algiers. Four 1,200 to 1,700 TEU-capacity vessels will be deployed on this new line. The rotation will be as follow: Marseille, Barcelona, Valencia, Malta, Mersin, Iskenderun, Beirut, Alexandria, Malta, Algiers and Marseille.

CMA CGM Announces Ethiopian Services Upgrade

CMA CGM has announced an upgrade to its Ethiopian services with new intermodal solutions and direct maritime calls in Djibouti. The company adds two strategic calls in Djibouti, the Ethiopian market gateway, on its Mediterranean Express (MEX) and Red Sea Express (REX) services. A large majority of cargo destined for the landlocked Ethiopian market transits through the Djibouti Dolareh Container Terminal. In order to answer CMA CGM clients' needs, the Group has developed its Ethiopian intermodal transportation solutions by serving 6 key inland destinations -Mekele, Nefas Meewcha, Addis Abbeba, Gibe, Shashemene and Jinga - in partnership with reliable local stakeholders. Djibouti gateway links Ethiopia market to Asia, Europe and Middle East with new calls on MEX1 and REX2 services.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
December 7, 2015
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