CMA CGM founder Jacques Saade wins CI Lifetime Achievement Award
CMA CGM founder and group chairman Jacques Saade has received the Containerisation International Lifetime Achievement Award at a grand luncheon in London.
The industry veteran who has been involved in running containership liner services since 1978, was recognised for his achievements, commitment and endeavour in both running his company and in promoting the sector.
In the view of the editorial team, Mr Saade was the worthy winner of this award for his "determination and zeal in leading from the top" and his resilience in navigating the industry's various challenges.
The team also acknowledged Mr Saade's vision in being one of the first lines to commit to super-postpanamax tonnage and to use innovative technologies as a means of helping reduce emissions, thereby reducing his company's impact on the environment.
Mr Saade has built his original Compagnie Maritime d'Affretement [CMA] shipping entity from a one-ship intra-regional operator into global heavyweight, now ranked as the third-largest container shipping company in the world.
According to Lloyd's List Intelligence, CMA CGM controls a fleet of 443 vessels, amassing just shy of 1.4 million TEU. It lifts over 10 million TEU of cargo a year.