Joint Subsidiary News

Partnership links world’s third largest shipping company with world leading technology services company. After five years of working together through a joint subsidiary, CMA CGM Group and IBM today announced a new strategic partnership. Under the terms of the five-year agreement, IBM will provide industry-specific expertise in new technologies such as cloud computing and analytics, and support CMA CGM’s growth by delivering superior quality information technology services that will help CMA CGM  significantly reduce costs. The IT teams from the two companies will be merged into a new subsidiary, CMA Systems, which will have an equally represented governance structure and report directly to Jacques R. Saadé, Chairman and Chief Executive Officer of CMA CGM.

“FREMM” program (Frégates Européennes Multimissions). system with each unit delivering 2,200 kW. alternative for higher speeds. at MTU Friedrichshafen. 2008. stage with solutions for the horizontal exhaust outlet system. withstand extremely high, short-term exhaust backpressures. design. defense concerns DCN and Thales. around 16 knots with diesel electric propulsion.