
CMA CGM
Shipping company that ships fleets, containers, and cargo.
In 1978, Jacques Saadé founded Compagnie Maritime d’Affrètement (CMA) in Marseille, France. Saadé, a visionary in the shipping industry, saw the potential for container shipping to revolutionize global trade. His journey began with a single ship and a focus on the Mediterranean region.
By 1983, CMA had made its first crossing of the Suez Canal, marking its entry into the global shipping arena. The company continued to expand its routes, and in 1986, it launched its first service between the Far East and Europe, known as the Red Sea Express.
A pivotal moment came in 1996 when CMA acquired Compagnie Générale Maritime (CGM), a move that significantly expanded its fleet and global reach. This acquisition led to the formation of CMA CGM, a powerhouse in the shipping industry.
Under Saadé's leadership, CMA CGM continued to grow, becoming one of the world's leading shipping companies. The company navigated through various challenges, including economic downturns and industry competition, by focusing on innovation and customer service.
Today, CMA CGM stands as a testament to Saadé's vision and determination, operating a vast fleet that connects countries and continents, facilitating global trade and commerce.
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