Jacques R. SAADE, Founder and Chairman of the Board ot the CMA CGM Group
These first few months have been very promising. On the 7th of February, I appointed my son Rodolphe to the position of Chief Executive Officer of the CMA CGM Group. Since joining us in 1994, he has demonstrated his ability to lead and has a clear strategic vision for the future of our Group. We will continue to strengthen our presence across all the continents, including South America, a market with real potential at the heart of our priorities. On April 1st, we implemented the largest maritime operating agreement ever, OCEAN ALLIANCE. It covers the East-West trades with over 40 maritime services. CMA CGM is a key player in the Alliance, which includes three leading Asian shipping companies, and provides 119 ships out of the 323 deployed. We will develop APL, acquired in 2016. Its integration is moving forward according to plan. All these strategic projects enable us to reinforce our service offering, so that we can respond to customer needs more effectively, consolidate our global leadership in transport and pursue our development over the coming years.