Description
CMA CGM is a French shipping and logistics company founded in 1978 by Jacques Saadé.
It is the third largest container shipping company in the world, 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.
The company is headquartered in Marseille, France. The name is an acronym of two predecessor companies, Compagnie Maritime d'Affrètement (CMA) and Compagnie Générale Maritime (CGM), which translate as "Maritime Freighting Company" and "General Maritime Company".