Jacques R. Saadé, the Founding President of the CMA-CGM Group, a global shipping giant, has passed away on the 24th of June at the age of 81. After leaving Lebanon with his family during the Civil War, Jacques R. Saadé founded the Compagnie Maritime d’Affretement (CMA) 40 years ago, on 13 September 1978.
He began with four collaborators including his brother-in-law and right-hand man Farid Salem, initially with a single ship and only one maritime service between Marseille and Beirut.
Over the years, he developed his company to become one of the leaders in container shipping.
Among the major stages of the group’s development, there was notably the acquisition of the Compagnie Générale Maritime in 1996 and Delmas in 2005. Two acquisitions that allowed CMA -CGM to reach the place of the third largest container shipping company in the world, a place that the group has never left since. A man with strong ties to the city of Marseille, where the Group was founded, Jacques R. Saadé built the CMA CGM Tower in 2006, the new headquarters of the Group and now a symbol of the city of Marseilles.
In 2015, Jacques R. Saadé, was conferred the title of Commander of the French Legion of Honor by the President of France.
On 7 February 2017, on his 80th birthday, he appointed Radolphe Saadé to the position of Chief Executive Officer of the CMA CGM Group and then appointed him Chairman of the Board of Directors on the 24th of November, the same year.
The French group CMA-CGM, one of the maritime transport leaders, just announced a new offer for container tracking : Traxens. This connected device is fixed on the container and then check its location by land or by sea. It enables to know the intensity of the bumps and the temperature change outside. It can also know if the doors are open or closed. By a warning system in near real time, customers can track the goods and gain agility in the different stages of the transport.
Mathieu Friedberg, Senior Vice-President Commercial and Agency Network, explained that « CMA CGM reaffirms its customer centricity strategy by offering this innovative solution. With nearly 19 million containers carried in 2017, the generalization of smart containers in the Group’s fleet will allow to collect and analyze a lot of information necessary to improve the service offered to customers and will help them optimize their supply chain.”
The European Investment Bank (EIB) and the port of Marseille Fos signed at the end of May a financial partnership of 50 million euros. The monetary institution has undertaken to pay this amount in order to support the development projects of the port. Five of them include a global investment of 136 million euros and concern among other things the redevelopment of several terminals and the « expansion of the North channel for the large cruise ships reception », as the port announced. This partnership follows the previous one signed in 2008 to build the Fos 2XL terminal.
Photo : Christine Cabau Woehrel, Chairwoman of Marseille Fos and Ambroise Fayolle, BEI’s Vice-President
The French company Indra, which is dedicated to the recycling and re-employment of motor vehicles and Deloitte SAS (French subsidiary of the British company Deloitte Touche Tohmatsu Limited) was chosen by the Moroccan state for an 8-month mission .
First of all, a main mission of 5 months to establish a diagnosis of the Moroccan situation in all 12 Regions to gauge the situation of end-of-life vehicles in Morocco. The second stage, lasting 5 months, should allow to establish a master plan determining the target organization as well as various action plans in collaboration with the Moroccan government.
“Winning this tender in Morocco offers us a great opportunity to support a country in the organization of its car recycling sector. We are proud to have been selected and to work on this major project which will certainly open the way to other countries of the continent. This also shows Indra Automobile Recycling’s acknowledged expertise beyond France’s borders, “explains Loïc Bey-Rozet, General Manager of Indra Automobile Recycling.
The ultimate goal is the creation of a legal system for the treatment of end-of-life vehicles.
Gaussin SA (with its exclusive distributor Blyyd) received the Innovation Award for the ATM electric tractor at the International Transport and Logistics Show (SITL).
Intended for logistics applications, ATM benefits from reduced size, excellent handling as well as absence of noise pollution and polluting discharges thanks to a 100% electric power supply.
Qualities that have convinced several large groups to order on their logistics sites.
Photo: ©moveitmagazine.com – report exhibition SITL 2018, Paris, France
The Eiffage part, Eiffage Construction just acquired the Swiss construction firm Priora AG. Created in 1992, it made an annual revenue of nearly 340 million euros. The company works in new building and refurbishment on the residential market, in service sectors as well as public infrastructures. This purchase is a part of the Eiffage development strategy at European level and will allow Priora AG to grow in the future.
Gilles Dupont joined Eiffage Construction in 1989 and worked at the company until he became regional director for the Lorraine Champagne-Ardenne region. In 2010 he left Eiffage for the Rabot Dutilleul company where he became a Chairman in 2013. Back in Eiffage Construction, he will be responsible for developing branch activities in line with Eiffage Construction’s strategic plan.
The inauguration of the new multi-activity agency of Liebherr in Rognac, France took place on the 9th of March, in the presence of members of the Liebherr family.
The site of more than 4 hectares including 4000 m2 and 2500 m2 of offices will have more than 60 employees bringing together several trades.
Liebherr Rognac will combine sales, rental services and training center for the brand’s machines.
This inauguration was also an opportunity to demonstrate the capabilities of the brand new Reachstacker LRS 545, a world exclusive, as well as the Crane Training Simulator.
More information to come in the next issue…
Total has announced that it has acquired Marathon Oil Libya Limited, which holds a 16.33% stake in the Waha Concessions in Libya. This transaction gives Total access to reserves and resources of more than 500 million barrels of oil equivalent per day (boe/d), with an immediate production of around 50.000 boe/d and a exploration potential across the area of 53 000 km2 covered by the Concessions in the Sirte Basin.
“This acquisition is in line with Total’s strategy to reinforce its portfolio with high quality and low-technical cost assets whilst bolstering our historic strength in the Middle East and North Africa region,”said Patrick Pouyanné, Chairman and CEO of Total. The amount of this operation is more than 365 million Euros.
Photo : © Alfredo Caliz/ Panos-REA
The Gaussin Manugistique Group announces the signature of two contracts with the Bolloré Group. The first deal is to market the Power Packs LMP (Lithium Metal Polymer) for Gaussin’s range of port vehicles. The LMP batteries, designed by Blue Solutions, the company that combines the electricity storage activities developed by Bolloré, have the capacity to operate with optimal performance even in a very hot environment. The second contract between Gaussin and Bolloré Ports concerns the co-development of the APM 75T electric tractor (equipped with two LMP battery packs) for the container transport in ports.
“The Gaussin Group is proud to propose a 100% made in France range of full electric vehicles.The integration of these batteries, perfectly adapted to hot countries, provides many business opportunities, in particular in the Middle East and, of course, in Africa, a continent where Bolloré operates 20 port terminals,” declares Christophe Gaussin, CEO of the Gaussin Group.