CMA CGM
French shipping company / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about CMA CGM?
Summarize this article for a 10 year old
CMA CGM is a French shipping and logistics company founded in 1978 by Jacques Saadé.[7]
Company type | Société Anonyme, Private |
---|---|
Industry | Freight transport |
Predecessor | Compagnie Générale Transatlantique and Messageries Maritimes |
Founded | 13 September 1978; 45 years ago (1978-09-13)[1] |
Founder | Jacques R. Saadé |
Headquarters | , 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)[2] |
$33.31 billion (2022)[2] | |
$24.88 billion (2022)[2] | |
Total assets | $51.98 billion (2021)[3] |
Total equity | $23.91 billion (2021)[3] |
Number of employees | 155,000[4] |
Subsidiaries | List of subsidiaries |
Website | cma-cgm |
Footnotes / references [5][6] |
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,[8] and is the third largest container shipping company in the world.[9] The company's 2023 annual revenue was US$47 billion.[4]
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.[4]