Thursday 22nd Nov, 2018

CMA CGM celebrates its 40th

Image: CMA CGM
Image: CMA CGM

FRENCH container behemoth CMA CGM is today (13 September) celebrating the 40th anniversary of its founding.

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On 13 September 1978, the late Jacques R. Saadé founded CMA (Compagnie maritime d’affrètement) and started the company’s first service, which linked Marseilles, Livourne, Beirute and Latakia.The group subsequently expanded its activities to the whole of the Mediterranean Basin.

The company then moved into markets further afield in the 1980s and 1990s, acquiring several regional lines, including CGM in 1996, and the Australian National LIne (ANL) in 1998.

Today, the company is the fourth largest container liner in the world, with a capacity to carry 2.64m TEU, or 11.7% of the total global share, according to Alphaliner.



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