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MSC and CMA CGM Enter Partnership

The world’s second and third-largest container shipping companies have announced the signature of a major agreement. The two family-owned companies, the Swiss-Italian MSC and France’s CMA CGM, today agreed to form a broad-based operating partnership spanning several trades, including Asia-Northern Europe, Asia-Southern Africa and all of the South American markets. The agreement, which is designed to improve the two partners’ respective performance…