CMA CGM and Hamburg Sud extend ties
Marseille: Container shipping’s era of consolidation continues with France’s CMA CGM and Germany’s Hamburg Süd further enhancing their existing cooperation.
In addition to the already existing joint services between North Europe and both East- and West coasts of South America, Hamburg Süd is taking slots between Asia and the Caribbean on CMA CGM’s PEX 2 service as well as on the Brazex service which provides it with a connection to Manaus from the Caribbean.
Starting mid-May, and subject to prior FMC approval, the lines will also start a new pendulum service which will connect Asia, the Caribbean, the United States East Coast and North Europe, together with United Arab Shipping Company (UASC) for the transatlantic.
As from July onwards, the lines will, together with further partners, revamp the services between Asia and both East and West Coast of South America.
The lines have agreed to explore other cooperation opportunities when they arise.
“This partnership reinforces the group’s position in South and North America, reflecting our ambitions in this rapidly growing area and giving us the means to accelerate our development,” said Rodolphe Saadé, CMA CGM’s vice chairman.