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CMA CGM history
CMA CGM company history timeline
Separately, Jacques Saadé had created CMA in 1978 as an intra-Mediterranean liner service operator, based in Marseille.
1983: CMA continues to extend its shipping lines and crosses the Suez Canal for the first time.
In 1986, CMA became a fast-growing young company, enjoying a solid position in its markets.
1986: Start of the Asian adventure with the extension of the Northern Europe - Red Sea line to Asia.
1992: CMA enters China and opens its first office in Shanghai.
In June 1996, the Group wrote the next chapter in its history by acquiring Compagnie Générale Maritime.
In 1996, CGM was privatized and sold to Compagnie Maritime d'Affrètement (CMA) to form CMA CGM.
1998: Acquisition of ANL, leader in the transpacific market.
In 1998 the combined company purchased Australian National Lines (ANL).
In 2004, 60-car trains transported up to 120 containers between Le Havre and Marseille, where they were loaded for immediate departure to Algeria.
In September 2005 CMA CGM acquired its French rival Delmas based in Le Havre from the Bolloré Group for €600 million.
The acquisition was completed in early January 5, 2006.
In 2006, CMA CGM was the world’s third-largest shipping company.
In July 2007, CMA-CGM acquired Cheng Lie Navigation Corp. (CNC Line), Intra-Asia container line based in Taiwan.
To reflect this new prominence, the Tour CMA CGM, home to our new head office, was inaugurated in 2011 in Marseille.
The CMA CGM Jules Verne was delivered in 2013, measuring 396 meters long and with capacity of 16,000 TEU. At the time, it was the biggest container ship to fly the French flag on the world’s biggest shipping route.
2014: Acquisition of OPDR, specialist in short sea shipping and door-to-door logistics solutions.
In April 2015, the group acquired a strategic stake in LCL Logistix, a logistics leader in India, via its subsidiary CMA CGM LOG.
In December 2015, CMA CGM Benjamin Franklin called at the Port of Los Angeles and thus became the largest vessel ever to call the United States.
In July 2016 CMA CGM finalized its acquisition of Singapore-based NOL (Neptune Orient Lines) and its container line APL (American President Lines) after an all-cash offer of US$2.4 billion.
In June 2017, CMA CGM acquire Mercosul Line, a Brazilian shipping company specialized in multimodal door-to-door container transportation and logistics.
2017: Rodolphe Saadé is appointed Chairman and Chief Executive Officer of the Group.
In October 2018, CMA CGM finalized the acquisition of Finland-based container-transportation and logistics company Containerships.
In April 2019, CMA CGM completed its public tender offer to acquire CEVA Logistics.
2020: Launch of the CMA CGM JACQUES SAADE, the Group’s new flagship and the first 23,000 TEU container ship powered by LNG (liquefied natural gas).
In February 2021, CMA CGM AIR CARGO was created, our new division dedicated to air freight with four cargo planes with capacity of 60 tons each.
In September 2021, CMA CGM announced a partnership with fellow Breton-based operator Brittany Ferries.
Its 566 vessels serve more than 420 ports on five continents around the world and carried nearly 22 million TEUs (twenty-foot equivalent units) in 2021.
2022: Acquisition of a majority stake in Colis Privé to strengthen the Group’s e-commerce and last mile solutions.
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CMA CGM competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| NYK Line | 1988 | $213.7M | 2,250 | - |
| Mediterranean Shipping Company | 1970 | $28.2B | 30,000 | - |
| Kintetsu World Express, Inc. | 1970 | $3.7B | 18,129 | 11 |
| Norton Lilly International | 1841 | $100.0M | 402 | 10 |
| Maersk Line | 1928 | $82.0M | 450 | 468 |
| Carotrans | - | $1.5M | 125 | 1 |
| Vanguard Logistics Services | 2001 | $540,000 | 50 | 1 |
| OOCL | 1969 | - | - | 20 |
| Hamburg Sud North America, Inc. | 1990 | $91.0M | 750 | - |
| Shipco Transport | 1988 | $7.6M | 200 | - |
CMA CGM history FAQs
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CMA CGM may also be known as or be related to CMA CGM, CMA CGM (America) and CMA CGM SA.