
CMA CGMs proposed acquisition of NOL approved by the European Commission.
About the CMA CGM Group:
CMA CGM, founded and led by Jacques R. Saadé is a leading worldwide shipping group.
Its 470 vessels call more than 400 ports in the world, on all 5 continents. In 2015, they carried 13 million TEUs (twenty-foot equivalent units).
CMA CGM has grown continuously, and has been constantly innovating to offer its clients new sea, land and logistics solutions. With a presence in 160 countries, through its 655 agencies network, the Group employs 22,000 people worldwide, including 2,400 in its headquarter in Marseille. www.cma-cgm.com
About NOL:
Headquartered in Singapore, NOL is the largest shipping company listed on the Singapore Exchange. Its container shipping arm, APL, provides world-class container shipping and terminal services, as well as intermodal operations supported by leading-edge IT and e-commerce. APL offers transcontinental cargo shipping across Asia, North and South America, Europe, the Middle East, the Indian subcontinent and Australia through more than 80 weekly services at 160 ports worldwide. www.nol.com.sg
Source: www.cma-cgm.com