Company Overview of CMA CGM S.A.
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
Founded in 1978
Key Executives for CMA CGM S.A.
Founder, Chairman and Chief Executive Officer
Chief Executive Officer of Terminal Link USA
Vice-Chairman, Deputy Chief Executive Officer, Chairman of Delmas
Executive Officer and Director
Compensation as of Fiscal Year 2016.
CMA CGM S.A. Key Developments
ENGIE Signs a Memorandum of Understanding with CMA CGM
Oct 20 16
CMA CGM and ENGIE announce the signing of a Memorandum of Understanding to promote LNG as the marine fuel for tomorrows container vessels. A study about the development of engineering specifications for a bunkering vessel adapted to LNG powered container ships, so as to improve over time the logistics chain necessary to fueling this type of vessels, thus promoting their deployment. The two groups consider that the use of LNG as a marine fuel is destined to expand in the near future and intend to be active players in this development. This agreement rounds out the research program undertaken since 2011 by CMA CGM to design ever more environment-friendly large capacity container ships.
CMA CGM Appoints Michel Delville as Chief Financial Officer Replacing Michel Sirat
Oct 14 16
CMA CGM announced the appointment of Michel Delville as Chief Financial Officer. Michel Sirat will continue to support the Group on strategic development missions. Michel Delville was Chief Financial Officer of the Saft Group. Michel Delville started his career at the Schlumberger group where he held various financial responsibilities in France and abroad for ten years.
CMA CGM S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2016
Sep 22 16
CMA CGM S.A. reported earnings results for the second quarter and six months ended June 30, 2016. For the quarter, loss attributable to owners of the parent company was $128.6 million, or $8.5 loss per share, compared to a profit attributable to owners of the parent company of $155.9 million, or $10.3 per share, for the same quarter ended June 30, 2015. Revenue was $3.54 billion, compared to $4.11 billion for the same quarter ended June 30, 2015.
Loss attributable to owners of the parent company for the first six months ended June 30, 2016 was $228.5 million, or $15.1 loss per share, compared to a profit attributable to owners of the parent company of $562.3 million, or $37.2 per share, for the same period ended June 30, 2015. Revenue for the first six months ended June 30, 2016 was $6.94 billion, compared to $8.12 billion for the same period ended June 30, 2015.
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