NEW YORK: The billionaire Saade shipping clan is shaking up ... 55, and brother Jacques, 52, own 73% of CMA CGM, held through Merit. The shipping company diversified its operations during the ...

CMA CGM can trace its origins back to 1978 when Jacques Saadé founded Compagnie Maritime d'Affrètement (CMA) as an intra-Mediterranean operator. In 1996, Saadé merged CMA with Compagnie Générale ...

The Maritime and Port Authority of Singapore (MPA) and the CMA CGM Group have renewed a Memorandum of Understanding (MoU) to ...

An estimated 10,000 new jobs would be created by the effort, Trump said at an event at the White House alongside CMA CGM CEO Rodolphe Saadé. “It’s so important because it’s about shipping ...

France-based container shipping and logistic giant CMA CGM Group on Thursday announced it will invest $20 billion over four years in its U.S.-flag fleet, port terminals, an air cargo airline based ...

CMA CGM is also focused on increasing its warehouse footprint to 400 facilities, Saadé told Les Echos. The company currently operates a total of 200 warehouses through its subsidiary CEVA Logistics.

CMA CGM also operates US-flagged vessels through its subsidiary American President Lines. Saadé was reported to have attended an event in Washington around Trump’s inauguration. Meanwhile ...

CMA CGM is the world's third-largest container line. Saade had said at the White House he was looking at supporting the building of container ships in the country and would make an announcement ...

Saadé’s trip to Washington came as the family controlled CMA CGM seeks to lessen its vulnerability to Trump’s trade and maritime policies. The company founded by his father plays a major role ...

(Bloomberg) -- President Donald Trump said French shipping giant CMA CGM SA will invest $20 billion in the United States to develop maritime infrastructure, logistics and terminals. An estimated ...