CMA CGM Announces New Agreement

(Press Release)
Tuesday, January 31, 2012
As part of this agreement with CSCL and UASC, CMA CGM announces the reorganization of its CIMEX 1 service on the Asia-Middle East market as from February 2. 2012.  
The new CIMEX 1 service will be operated jointly by CMA CGM, CSCL and UASC with 7 vessels of a capacity ranging from 12,500 to 14,400 teus (1 x 12,500 for CMA CGM, 3 x 14,400 for CSCL and 3 x 13,000 for UASC).
This new offer will enter into service on February 2nd in Tianjin with the CMA CGM DON CARLOS. 
The CIMEX 1 will replace two existing services:  
-       CIMEX / AMA for CMA CGM and CSCL which currently operates with 8,500 teus vessels
-       AGX 1 for UASC which currently operates with 3,600 teus vessels
The rotation will be as follows: 
Tianjin, Dalian, Pusan, Shanghai (YangShan Terminal), Ningbo, Shekou, Port Klang, Khorfakkan, Jebel Ali, Port Klang, Nansha, Tianjin.
Jebel Ali, the 1st market in the region, will be directly called and Khorfakkan hub (U.A.E) will be used as an entry point to feed all the Gulf’s destinations via the CMA CGM’s feeder network.     
In addition to this new service, CMA CGM is also finalizing a swap agreement with another partner in order to keep direct access to Dammam – 3rd market of the Arabic Gulf region.   
The new CIMEX 1 marks an important step in the evolution of the worldwide maritime transport as it is the first time that vessels of such a capacity (14,000 teus) are employed on a market other than Asia - Europe. This opens new perspectives of employment for this type of big vessels.
On the Asia > Europe market, CMA CGM maintains its presence with the FAL 2 service operated with 10 vessels of 12,500 / 14,000 teus (1 x 12,500 CMA CGM). The rotation of this existing service will be improved with the addition of two calls at Jeddah (east and westbound). These new calls will have no impact on the transit times which will be maintained at their current levels, especially for Le Havre and Rotterdam. 
 

Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Dann Marine Repowers With Cummins Tier 3 Engines

Dann Marine Towing, LC., is a fifth generation family owned and operated tugboat company based in Chesapeake City, MD. The model-bow twin-screw tug Sea Coast was

Sulzer Shareholder has 5 pct Dresser-Rand Stake

Russian billionaire Viktor Vekselberg's Swiss investment firm Renova Group said on Friday it had a 4.99 percent stake in U.S.-based Dresser-Rand, which might become the object of a takeover battle.

MAN-Powered Cargo Vessel Meets Tier III

Classification society awards SCR system emissions certificate. MAN Diesel & Turbo has been awarded a Tier III - compatibility certificate by the DNV- GL classification

Container Ships

South Carolina Ports Container Volume Up by 13%

SC Ports Authority reported container volumes up 13 percent fiscal year to date, a strong start to the first two months of the fiscal calendar. The SCPA handled 163,

Global Ship Lease to Acquire Containership

Global Ship Lease, Inc. hasĀ  announcedĀ  that it has agreed to acquire a 8,063 TEU containership from a leading container liner company for a purchase price of $55 million.

Maersk Sees US Approval of Shipping Alliance as Formality

U.S. regulatory approval of a proposed shipping alliance involving AP Moeller Maersk should be a formality, the Danish company's chief executive said on Wednesday.

 
 
Maritime Security Maritime Standards Navigation Offshore Oil Salvage Ship Electronics Ship Repair Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1458 sec (7 req/sec)