CMA CGM celebrates its 40th anniversary in Mumbai

Oct 19, 2018: Marking its unique journey in maritime line, the CMA CGM Group has celebrated its achievement on October 5, 2018 in Mumbai in the presence of Mathieu Friedberg, CMA CGM Group’s senior vice president commercial agency network. Over 250 trade partners gathered for networking, including customers, trade partners, business associates and representatives from shipping associations.

On September 13, 1978, Jacques R Saade launched the first maritime line between Marseilles (France) and Beirut (Lebanon), with only one ship and 4 employees. This day marked the beginning of an extraordinary humane and entrepreneurial adventure. 40 years later, CMA CGM has become a recognised world leader, with 34,000 employees and a presence in more than 160 countries.

Speaking at the event, Mathieu Friedberg said that India is fast growing and is one of the Group’s key business locations. He added that customer centricity is the main strategic priority for the Group, standing together with development of mainline & logistics services and innovative value-added services.

Ugo Vincent, MD, CMA CGM India shared that the company has grown exponentially in the last three decades. He followed by saying that, as a group, CMA CGM is able to grow almost double the speed of the Indian market, adding that he was confident that in the future, this trend will continue, and that CMA CGM will finish the year with healthy double-digit growth in the containerised business out of India.

The Group’s new vision and strategy reaffirms CMA CGM India’s ambitions in evolving as a market leader and resonates the immense potential and opportunities in the Indian economy, complementing the group’s growth.