Jacques Saade

CMA CGM is mourning its founder, Jacques Saade, who died yesterday in Marseilles at the age of 81.

Originally from Lebanon, the man who came to dominate French container shipping left the country during its brutal civil war and moved to France.

He founded Compagnie Maritime d’Affretement (CMA) in 1978 – it employed four people working on a one-ship service between Marseilles and Beirut.

Mr Saade gradually built up CMA’s service network, moving beyond the Mediterranean in 1983 and, in 1986, launched its first Asia-North Europe service. A ...

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