CMA CGM
CMA CGM is a French shipping and logistics company founded in 1978 by Jacques Saadé.
The CMA CGM Tower in Marseille, France | |
| Company type | Société Anonyme, Private |
|---|---|
| Industry | Freight transport |
| Predecessor | Compagnie Générale Transatlantique and Messageries Maritimes |
| Founded | 13 September 1978 |
| Founder | Jacques R. Saadé |
| Headquarters | CMA CGM Tower , Marseille France |
Area served | Worldwide |
Key people | Rodolphe Saadé (Executive Chairman and CEO) Tanya Saadé Zeenny (Director and Executive Officer) |
| Products | Container shipping and terminals, logistics and freight forwarding, ferry and tanker transport |
| Revenue | $74.50 billion (2022) |
| $33.31 billion (2022) | |
Net income | $24.88 billion (2022) |
| Total assets | $51.98 billion (2021) |
| Total equity | $23.91 billion (2021) |
Number of employees | 155,000 |
| Subsidiaries | List of subsidiaries |
| Website | cma-cgm |
| Footnotes / references | |
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, and is the third largest container shipping company in the world. The company's 2023 annual revenue was US$47 billion.
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.