Monday, June 25, 2018

Jacques Saadeh passes away at 81. CMA CGM boss built third largest shipping company in the world


Jacques Saadé, founder of global shipping group Compagnie Maritime d'Affrètement Compagnie Generale Maritime (CMA CGM), passed away Sunday at the age of 81.

Jacques Saadé was born in Beirut, in 1937.

After graduating from the London School of Economics in 1957, he took over the family's agricultural manufacturing business.

In 1978, he moved to France, where he set up CMA Merit Corporation. The local representative of the group released a statement pay...

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