2060:
2036:
2024:
159:
27:
483:, and daughter Tanya Saadé, he was convinced the container transport sector would bounce back. In 2010, CMA CGM signed an agreement with the family-run industrial Turkish group YILDIRIM. The agreement enabled the Group to strengthen its financial structure and secure finance for its investment plans. This also later led him to invest, notably in building the Group's first three 16,000 teu vessels: the
68:
108:
2048:
620:
On 1 June 2020 the master of a container ship APL England, Mohamad
Zulkhaili Bin Alias, owned by CMA CGM & ANL (Singapore) lost about 50 containers overboard caused by poor cargo loading by the ships captain Mohamad Zulkhaili Bin Alias. The Australian Marine Safety Authority ordered $ 22 million
643:
with the support of a solid family network, Jacques R. Saadé fought tooth and nail during the crisis, keeping the creditors at bay, juggling the order books and deployment of his fleet, and having the courage to reject several potential investors waiting for a partner that does not interfere in the
743:
Today, the CMA CGM Group is the world's 3rd largest container shipping company and No.1 in France. With a fleet of 489 vessels, it serves more than 420 ports worldwide and carried around 15.6 million TEUs (twenty-foot equivalent units) - estimated - in 2016. Present on all continents and in 160
616:
He chose to equip his fleet with new large capacity vessels fitted with the latest green technologies. These vessels, combined with various other actions, allowed the group to reduce by 50% its carbon emissions per shipped container per km on its owned fleet between 2007 and 2015, confirming an
588:(LAU). He also received the same year an award for encouraging the economic development of the Mediterranean Basin, as well as conveying a positive image of the area and promoting peace and tolerance worldwide, from the Association of the Mediterranean Chambers of Commerce and Industry (ASCAME).
631:
Loyally supported by his son
Rodolphe, now Executive Officer in the Group, and his daughter Tanya, head of communications and on the Board of Directors, Jacques Saadé is totally committed to human values that traditionally underpin the governance of family-run companies... While the family-run
606:"Our growth and a responsible attitude cannot be dissociated when facing the issues of our modern societies. CMA CGM must lead by example in terms of environmental protection, whether it be by acting against climate change or by preserving the maritime environment."
660:
Inclined to vote for the family-run way of managing the business, the board is attracted by the boost to the portfolio that an IPO would bring about. The possibility has been alluded to officially in 2013, with the proviso that the Saadé family would keep control.
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401:
Based on his father's advice, Saadé did an internship in New York to learn about shipping after his graduation. This is where he discovered the container (capacity: one cubic metre) used by the
American army during the Vietnam War. In a
988:"But now the global financial and economic crisis has stifled the boom in container shipping, and it has happened almost overnight. For the first time in its history, the industry has stopped growing and, in fact, is shrinking."
446:
In 1986, after noticing that volumes from Asia were constantly on the rise, he decided to extend CMA's shipping lines to Asia (including Japan). He later traveled to China himself in 1992 to open the first regional office in
545:, which votes him shipping's ‘Personality of the Year’. He is also awarded by the Naval Academy (Manley-Bendall prize) and the Arab Academy for Science, Technology and Maritime Transport in Alexandria (an Honorary Degree).
621:
from the ship's insurers under the
Protection of the Seas Act, which must be paid before the ship will be released from detention at the Port of Brisbane. This money covers estimated clean-up and remediation costs.
513:, welcomed by Saadé, who inaugurated the CMA CGM Jules Verne, flagship of the CMA CGM fleet at the time. The French President met Jacques Saadé again in 2015 for the inauguration of the CMA CGM Bougainville in
1158:
472:
and the CMA CGM Group became the third-largest shipping Group in the world. Three additional acquisitions were made in 2007: Chinese
Company Cheng Lie Navigation Ltd, U.S. Lines, and COMANAV.
1313:
1745:
1720:
398:
in 1957 and took over the family business after the death of his father. His father had "established plants in Syria, we were producing tobacco, cottonseed, olive oil, ice, etc."
1403:
1055:
1669:
1454:
1024:
1845:
1944:
1240:
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612:"being one of the first lines to use innovative technologies as a means of helping reduce emissions, thereby reducing his company's impact on the environment."
655:
Many observers thought CMA CGM would not recover from the losses suffered two years ago, while
Jacques R. Saadé said he always knew his company would survive.
2110:
649:
However, according to these
British analysts, his tenacity paid off – the CMA CGM Group has since returned to profit. The daily French financial newspaper
421:(CMA) with his brother Johnny on September 13 of the same year. The company initially operated services between Marseille, Beirut and Syria. Saadé said: "
972:
520:
In 2017, Saadé appointed his son
Rodolphe as CEO of CMA CGM. Later that year, Rodolphe Saadé became chairman too, with Saadé becoming founder chairman.
1922:
428:
In the beginning, there was family tension between
Jacques Saadé and his brother Johnny. After difficult family disputes, Jacques took the helm alone.
2002:
1338:
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1314:"La Chambre de commerce franco-libanaise veut étendre son champ d'action aux Libanais d'Afrique et du M-O - PARIS, d'Elie MASBOUNGI"
2105:
859:
815:
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In 2018, Forbes
Magazine listed Saade’s net worth at 7 billion Euros, making him the 228th richest man in the world at that time.
1820:
1032:
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countries through its 775 offices, it employs 29,000+ people including 4,500 in France. Revenue for 2016 is US$ 16.0 billion.
843:
2120:
2090:
632:
company may not necessarily be called upon to save capitalism, one thing is proven, the family spirit can save companies.
443:. Jacques Saadé was trying to prepare the company for the "Far East" to win a competitive advantage over other carriers.
1561:
1352:
479:, the shipping industry was badly affected. Jacques R. Saadé was opposed to breaking up the Group. Supported by his son
1188:
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558:
In 2012, he received the "Lifetime Achievement Award" from the magazine Containerization International (now owned by
216:
198:
54:
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40:
641:. In its 11 July 2011 edition, the British daily, a reference in the shipping industry, highlighted the fact that "
1617:
1695:
1025:"Ville de Marseille - De Delmas à CMA CGM : Un dispositif innovant d'aide à la mobilité pour des salariés"
488:
476:
1643:
2125:
1795:
1534:"Jordanian Businessmen Association - The Jordanian –French Business Council convenes its meetings in Paris"
1353:"Government portal :: Ukraine and France step up political and business cooperation - Anatoliy Kinakh"
585:
452:
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One of the reasons he was awarded the "Containerization International Lifetime Achievement Award" was for
565:
In 2013, Saadé was made an honorary citizen of the City of Marseille, joining directors of companies like
671:
2014:
506:, 147m in height with 33 floors. Today the CMA CGM Group is the city's biggest employer (2,400 staff).
395:
291:
833:
469:
359:
1159:"Le Havre Nouvelle escale du géant CMA-CGM Bougainville, au Havre, dix jours après son inauguration"
1508:
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998:
535:
In 1986, he becomes president of the Franco-Lebanon Chamber of Commerce (later honorary president).
462:
451:, entrusting the management of the company's development in Asia to John Wang, a professor at the
1533:
1377:
761:
509:
In June 2013, and for the first time since 1962, it was the President of the French Republic,
1455:"POLITIQUE > Légion d'honneur : les promotions du 1er janvier 2015 dans le transport"
779:
650:
403:
180:
176:
125:
82:
46:
2085:
2080:
999:"Containers - CMA CGM confirms 16,000 teu upgrades for three ships on order - Lloyd's List"
407:
510:
8:
1969:
1670:"Jacques Saadé élevé au grade de commandeur dans l'ordre national de la Légion d'honneur"
492:
118:
465:
and in the following year 1999 merger of CMA and CGM and creation of the CMA CGM Group.
423:
I wanted the sea. Marseille is beautiful and the sea looks a little like that in Beirut.
81:
Please expand the article to include this information. Further details may exist on the
484:
436:
1332:
839:
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480:
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2052:
592:
549:
514:
367:
323:
133:
458:
In 1996 Saadé acquired CGM (Compagnie Générale Maritime) following privatization.
1593:"Jean-Claude GAUDIN remercie les "Grands Patrons" qui font confiance à Marseille"
638:
559:
351:
2007:
1821:"CMA CGM's biggest containership ever built in a Chinese shipyard - ShipInsight"
1276:
410:
was an excellent idea for transporting goods as it was closed, easy and quick."
2040:
637:
The CMA CGM attitude has garnered the attention of the Anglo-Saxon analysts at
394:, Syria, while his mother, Odette Nauphal, was Lebanese. He graduated from the
129:
555:
In 2010 he becomes President of the France-Jordan Council of Business Leaders,
2074:
2028:
1997:
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578:
499:
1509:"Version électronique authentifiée publiée au JO du 14/07/2009 | Legifrance"
1134:"The CMA CGM BOUGAINVILLE inaugurated by French President François Hollande"
936:"Qu'il y ait introduction en Bourse ou non, la famille gardera le contrôle."
2059:
629:
When writing an article about family capitalism, Aymeric Dewimille wrote: "
440:
574:
538:
Between 2006 and 2010, he was president of the France-Ukraine committee .
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503:
432:
798:"Jacques Saadé Né lé 7 février 1937 à Tripoli (Liban) - Google Search"
1056:"Hollande inaugure le porte-conteneurs géant Jules Verne à Marseille"
541:
In 2007, Saadé's career is singled out by the international magazine
414:
1108:"Hollande in Marseille for launch of world's largest container ship"
1771:"CMA CGM Hails "Latest Environmental Technologies" on New Box Ship"
971:
Jung, Alexander; Schulz, Thomas; Wagner, Wieland (11 August 2009).
599:
542:
448:
1721:"CMA CGM founder Jacques Saade wins CI Lifetime Achievement Award"
391:
363:
310:
1896:"CMA CGM confirms objective to reduce CO2 by 50% - The Loadstar"
362:
billionaire businessman. He was the founder and chairman of the
67:
383:
259:
973:"The Container Crisis: Shipping Industry Fights for Survival"
498:
In 2011, he built the Group's headquarters in Marseille: the
387:
1945:"Le capitalisme familial, un modèle qui traverse les crises"
1295:"Shipping group CMA CGM's founder Jacques Saade dies at 81"
570:
461:
Two years later in 1998 came the acquisition by CMA of the
1404:"L'armateur Jacques Saadé honoré par l'Académie de marine"
1483:"Légion d'Honneur : Jacques Saadé promu Commandeur"
860:"Quand Saadé, le tycoon des mers, se confiait au Point"
816:"Quand Saadé, le tycoon des mers, se confiait au Point"
390:. His father, Rodolph, was a Syrian entrepreneur from
2012:
584:
In 2014, he received an honorary doctorate from the
1216:"Presidential christening for new CMA CGM flagship"
1562:"Roll of honour | Containerisation International"
1477:
1475:
892:"Jacques Saadé, confidences d'un tycoon des mers"
2072:
1796:"CMA CGM gets new environmental friendly vessel"
1618:"LAU | News | Class of 2014, we're proud of you"
1556:
1554:
1430:"Les promus du 14-Juillet à la Légion d'honneur"
970:
600:Statements and actions regarding the environment
413:The 1978 war in Lebanon prompted him to move to
382:Jacques R. Saadé was born on 7 February 1937 in
1189:"Baptême au Havre pour le CMA CGM Bougainville"
1998:Biography of Jacques Saadé on the CMA CGM Blog
1970:"CMA CGM | A leading worldwide shipping group"
1472:
526:Saade died on 24 June 2018, at the age of 81.
431:In 1983, Saadé made the decision to cross the
1551:
1259:"CMA CGM Appoints Rodolphe Saade as Chairman"
166:The examples and perspective in this article
1938:
1936:
1923:"Ship's master faces court over cargo spill"
1846:"CMA CGM takes delivery of 18,000 TEU giant"
1427:
1337:: CS1 maint: multiple names: authors list (
468:In 2006, Saadé concluded the acquisition of
2111:Officers of the National Order of the Cedar
1750:The official website of the Port of Hamburg
1401:
1301:. 25 June 2018 – via www.reuters.com.
1245:The official website of the Port of Hamburg
1053:
55:Learn how and when to remove these messages
1920:
1871:"Climate change and air quality | CMA CGM"
1696:"Environment and sustainability | CMA CGM"
604:On the environment front, Saadé declared:
1933:
1590:
1312:MASBOUNGI, PARIS, d'Elie (30 June 2015).
1311:
914:
912:
591:In 2015, he was named a Commander of the
370:transportation and shipping company, the
217:Learn how and when to remove this message
199:Learn how and when to remove this message
2003:Biography of Jacques R. Saadé at CMA CGM
1079:
885:
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881:
624:
548:In 2009, he was named an Officer of the
358:; 7 February 1937 – 24 June 2018) was a
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16:French-Lebanese businessman (1937–2018)
2073:
1644:"Jacques Saadé distingué par l'ASCAME"
1213:
909:
664:
386:, Lebanon, and spent his childhood in
1942:
1022:
878:
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921:"La revanche du patriarche des mers"
406:article, Saadé said: "I thought the
152:
101:
61:
20:
2008:Jacques Saadé & Family - Forbes
918:
355:
13:
1921:Goodenough, Cheryl (1 June 2020).
889:
170:include all significant viewpoints
79:about critical reception, history.
14:
2137:
2101:French people of Lebanese descent
2096:French businesspeople in shipping
1991:
1080:Nouvelle, L'Usine (4 June 2013).
36:This article has multiple issues.
2116:Officers of the Legion of Honour
2058:
2046:
2034:
2022:
1746:"Welcome to the Port of Hamburg"
1241:"Welcome to the Port of Hamburg"
435:and extend the company lines to
419:Compagnie maritime d’affrètement
157:
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25:
2106:French people of Syrian descent
1962:
1914:
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1713:
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1662:
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1501:
1447:
1421:
1402:lefigaro.fr (18 October 2007).
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1263:Maritime Logistics Professional
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1214:Jaques, Bob (13 October 2015).
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838:. Publitec Publications. 1999.
44:or discuss these issues on the
1459:www.wk-transport-logistique.fr
939:
852:
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808:
790:
772:
754:
489:CMA CGM Alexander Von Humboldt
374:in the world as of June 2020.
1:
1428:La-Croix.com (14 July 2009).
747:
694:Number of containers carried
1277:"Jacques Saade & family"
780:"Jacques Saade & family"
672:twenty-foot equivalent units
586:Lebanese American University
463:National Australian Line ANL
453:Shanghai Maritime University
377:
7:
1165:(in French). Archived from
1082:"Le porte-conteneurs géant"
1054:lefigaro.fr (4 June 2013).
10:
2142:
2121:Businesspeople from Beirut
2091:Businesspeople in shipping
670:Key figures (*teus :
477:2007–2008 financial crisis
417:. This is where he set up
396:London School of Economics
292:London School of Economics
115:This biographical article
1220:www.seatrade-maritime.com
947:"History | CMA CGM Group"
337:
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1597:www.jeanclaudegaudin.net
866:(in French). 6 June 2013
762:"Décès de Jacques Saadé"
239:
1382:www.seatrade-awards.com
644:way he runs the company
617:objective set in 2007.
475:In 2009, following the
1513:www.legifrance.gouv.fr
593:French Legion of Honor
550:French Legion of Honor
348:Jacques Rodolphe Saadé
77:is missing information
1725:www.infinitycargo.com
1023:Marseille, Ville de.
710:Total fleet capacity
625:Family business model
128:by revising it to be
1943:DEWIMILLE, Aymeric.
835:Who's who in Lebanon
530:Notable achievements
333:Naila Rapnouil Saadé
2126:French billionaires
1265:. 25 November 2017.
1195:. 10 September 2015
702:Total fleet vessel
697:15.6 million teus*
675:
665:CMA CGM key figures
493:CMA CGM Jules Verne
177:improve the article
1650:. 27 November 2014
1086:Usinenouvelle.com/
1003:www.lloydslist.com
721:29,000+ employees
689:USD 16.0 billions
669:
485:CMA CGM Marco Polo
1850:www.marinelog.com
1775:Ship & Bunker
1676:. 11 January 2015
1566:www.ci-awards.com
845:978-2-903188-16-0
741:
740:
511:François Hollande
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181:discuss the issue
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2018:
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1674:L'Orient-Le Jour
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1572:on 6 August 2017
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1031:. Archived from
1029:www.marseille.fr
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729:4,500 employees
726:Staff in France
718:Staff worldwide
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653:said in 2011: "
515:Port of Le Havre
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324:Legion of Honour
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2013:
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1974:www.cma-cgm.com
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1591:Administrator.
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1035:on 3 March 2016
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951:www.cma-cgm.com
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890:BORDET, Marie.
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38:Please help
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2081:1937 births
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1825:ShipInsight
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1088:(in French)
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977:Der Spiegel
956:23 February
870:29 February
437:Mina-Qaboos
366:, a French
301:Businessman
280:Nationality
117:is written
2075:Categories
820:lepoint.fr
748:References
567:Eurocopter
504:Zaha Hadid
491:, and the
433:Suez Canal
298:Occupation
252:1937-02-07
189:March 2014
41:improve it
2065:Transport
2053:Biography
1954:25 August
1949:Les Echos
1800:GREEN4SEA
1408:Le Figaro
1378:"Archive"
1060:Le Figaro
896:Les Echos
651:Les Echos
415:Marseille
408:container
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378:Biography
368:container
356:جاك سعادة
309:Founder,
262:, Lebanon
240:جاك سعادة
83:talk page
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1434:La Croix
1333:cite web
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864:Le Point
543:Seatrade
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338:Children
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439:in the
392:Latakia
364:CMA CGM
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124:Please
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575:Orange
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470:DELMAS
384:Beirut
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330:Spouse
260:Beirut
388:Syria
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