[260517.EN.SEA] CMA CGM Founder Saade Made Commander, Order of Maritime Merit

CMA CGM founder Jacques Saade has been promoted to the rank of Commander of the French Order of Maritime Merit, the company announced.

This distinction is only given each year to as few as 10 personalities whose involvement in the maritime world is exceptional.

Mr Saade was promoted directly to the rank of commander, the highest distinction in the order.

Former French transport minister and current president of the department of Charente-Maritime Dominique Bussereau presented the insignia to Mr Saade at the headquarters of the group in Marseilles.

This distinction highlights his extraordinary career, as well as his unique contribution to the French and international maritime economy and to the promotion of France's image in the world. He has made the CMA CGM Group, founded in 1978, a leading worldwide shipping group, employing 29,000 people in more than 160 countries for annual revenue worth US$15.6 billion.

Recently, CMA CGM, he leader of the OCEAN Alliance, has also acquired Singapore-based Neptune Orient Lines (NOL) and its principal holding APL, the container unit.

Source : HKSG.