The CMA CGM Group is the world’s third largest maritime container shipping company and number one in France. From its base in Marseille, CMA CGM is present in more than 150 countries through its network of over 650 agencies, with more than 18,000 employees worldwide (4,700 in France). With a young and diversified fleet of 414 vessels (84 company owned), the CMA CGM Group serves 400 of the world's 521 commercial ports. Through its 170 shipping lines the company operates on every one of the world's seas. Its global presence and powerful ships like the CMA CGM JULES VERNE enable the CMA CGM Group to transport a volume of 10.6 million TEUs (Twenty Foot Equivalent Unit) each year. The CMA CGM Group posted revenues of US$ 15.9 billion in 2012 (a 7% increase), proving that "family business" companies are efficient and make it possible for French industry to rise to the upper echelons of world trade. The Group offers a complete range of activities including transport by sea, river and rail, handling facilities in port as well as logistics on land. The Group's international development strategy is to build upon the creation of new shipping lines, promotion of external growth and strategic alliances, diversification in intermodal transport, investments in port terminals, and expansion of its real estate assets.