Company Overview of CMA CGM S.A.
CMA CGM S.A. operates as a container shipping company worldwide. The company provides dry containers, including general-use, pallet wide, and specialized containers; refrigerated containers for the containerization of tropical fruits; and XXL cargos for the transportation of oversized cargo, such as luxury yachts, helicopters, large machinery, railroad cars, oversized turbines, and generators, as well as other cargos with non-standard dimensions and weights. It also owns and operates vessels. As of December 31, 2013, the company operated 347 vessels. In addition, it operates a network of container terminals and stevedores, and owns interests in 14 terminals; and is involved in the conception...
4, Quai d’Arenc
Founded in 1978
Key Executives for CMA CGM S.A.
Deputy Chief Executive Officer and Director
Managing Director of Canada
Compensation as of Fiscal Year 2014.
CMA CGM S.A. Key Developments
CSCL Teams up with United Arab Shipping and CMA-CGM
Sep 10 14
China Shipping Container Lines signed three regional cooperation agreements with United Arab Shipping and CMA-CGM on September 8, 2014. Asia-Europe, Asia-Mediterranean, Adriatic Sea and Black Sea, as well as cross-Pacific regions are involved. As agreed, they will cooperate in two major shipping lines through modes of vessel sales and acquisitions and etc. Term is 24 months.
CMA CGM S.A. Announces Consolidated Earnings Results for the Second Quarter of 2014; Provides Earnings Guidance for Third-Quarter of 2014
Aug 29 14
CMA CGM S.A. announced consolidated earnings results for the second quarter of 2014. For the period, the company’s revenue amounted to $4.2 billion, up 3.7% year-on-year from $4.0 billion. Core EBIT amounted to $204 million in the second quarter of 2014, versus $172 million in the prior-year period, representing an 18.4% increase. Consolidated net profit came to $94 million, compared to $268 million in the second quarter of 2013, with last year's amount including a non-recurring $248.0 million in proceeds from the sale of the 49% stake in port terminal operations subsidiary Terminal Link. Return on invested capital was 10.3% compared to 7.9% a year ago.
The company expects its third-quarter operating performance to be sustained.
Adani Ports & SEZ Ltd Signs an Agreement with CMA CGM Group to Develop New Common User Container Terminal at Mundra Port
Jul 4 14
Adani Ports & SEZ Ltd. announced that it signed an agreement with CMA CGM Group to develop a new common user Container Terminal at Mundra Port. This will be the 4th Container Terminal in Mundra and will be a 650 meters terminal along with 27 hectares of back area capable of handling 1.3 million TEUs annually. The construction phase will be initiated immediately and completion will be in a record 24 months. The project comprises of design and construction of 650 meters jetty with a water depth of 16.5 meters. This world class terminal will initially have four units of 65 tonne capacity of Rail Mounted Quay Cranes capable of handling 18,000 TEU vessels and Super Post and Ultra Large Container Vessels. The yard equipment will include twelve 41 tonne lift rubber tyred container gantry cranes which will accommodate seven rows of containers and one operational lane. This 50:50 JV partnership is yet another major step by APSEZ to continue to rapidly expand its container terminals footprint across India's coastline and further augments APSEZ's existing two container handling locations at Mundra and Hazira along with its already announced two container terminals to be constructed at Ennore in Chennai and Dhamra in Odisha. It will allow Adani Ports to fulfill its stated vision of handling 200 million metric tonnes of cargo well before the year 2020.
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