Shipping Majors Expand Cooperative Setup

MarineLink.com
Tuesday, January 14, 2014
CMA CGM Jules Verne (Photo courtesy CMA CGM)

The CMA CGM Group announced a new cooperation setup with current partner Maersk Line, APL and OOCL on three existing Far East to Indian Subcontinent services (CIMEX 2/FM3, CIX, CIX3), starting in February 2014.

In a Slot Sharing Agreement that also includes partners as Emirates Shipping Line, Hamburg Süd and Regional Container Lines, 18 vessels with a total capacity of about 17,500 TEU’s will be deployed on the three Far East-Indian Subcontinent services.

This enhanced network will enable the group to offer three sailings per week - covering Korea, China, Malaysia, Singapore, Sri Lanka, India and Pakistan - compared to one weekly sailing that is currently offered by each Liner.

The multicarrier cooperation will provide more frequent sailings between Asia’s major hubs and will minimize routes duplication on this trade.

The enhanced Far East-Indian Subcontinent services with improved operational efficiency and a more consistent service set up - will enable the CMA CGM Group to offer fast transit times with flexible and competitive options.   

CIMEX 2 service will be upgraded as follows:

CIMEX 2-N (“North Loop” to be operated by CMA CGM and Maersk Line)
Tianjin – Dalian – Qingdao – Kwangyang – Busan – Ningbo – Hong Kong – Singapore – Tanjung Pelepas – Colombo – Pipavav – Nhava Sheva – Port Qasim – Singapore – Tianjin

CIMEX 2-C (“Central Loop” to be operated by Hamburg Süd, OOCL and Regional Container Lines)
Shanghai – Ningbo – Xiamen – Hong Kong – Singapore – Colombo – Nhava Sheva – Pipavav –                  Port Kelang – Singapore – Hong Kong – Shanghai

CIMEX 2-S (“South Loop” to be operated by APL, Emirates Shipping Line and OOCL)
Nansha  – Chiwan – Hong Kong – Singapore – Colombo – Nhava Sheva – Pipavav –Colombo –                     Port Kelang – Singapore – Nansha

cma-cgm.com
 

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

People & Company News

Madsen to Chair Norway’s Research Council Executive Board

Henrik O. Madsen appointed chairman of the executive board of the Research Council of Norway   DNV GL president and CEO Henrik O. Madsen was appointed as chairman

Port of Houston Expecting Record Year

The Port of Houston Authority is expecting 2014 to close as a banner year for the port, with 34 million tons of cargo handled through November, Executive Director

Hapag-Lloyd Completes CSAV Merger Capital Increase

Hapag-Lloyd completed the planned capital increase of EUR 370 million (approximately $452.5 million) as part of the business combination with the Chilean shipping

Contracts

Wärtsilä to Begin Building LNG Terminal in January

Wärtsilä has been given full notice to proceed (NTP) from Manga LNG Oy for the supply of a liquefied natural gas (LNG) import terminal in Tornio, Northern Finland.

Polarcus Awarded 3D Project Off West Africa

Polarcus Limited has signed a letter of intent with Perenco Oil & Gas Gabon S.A. for a 3D marine seismic acquisition project offshore West Africa.   The project,

Boskalis, VolkerWessels Win Offshore Wind Farm Work

Royal Boskalis Westminster N.V., in partnership with Volker Stevin International (VolkerWessels), has been awarded a contract by Iberdrola Renewables Offshore Deutschland

News

Port Workers in Argentine Grain Hub End Strike

Port workers in part of the Argentine grains hub of Rosario lifted a work stoppage on Friday, only a day after they went on strike over demands for higher year-end bonuses, a union official said.

Madsen to Chair Norway’s Research Council Executive Board

Henrik O. Madsen appointed chairman of the executive board of the Research Council of Norway   DNV GL president and CEO Henrik O. Madsen was appointed as chairman

Larger Tankers May Offer Better Return Chances

Investors looking for returns in the tanker markets can invest their capital in a variety of ways. Should an owner invest in a VLCC or an Aframax? How about an

Logistics

Port Workers in Argentine Grain Hub End Strike

Port workers in part of the Argentine grains hub of Rosario lifted a work stoppage on Friday, only a day after they went on strike over demands for higher year-end bonuses, a union official said.

Port of Houston Expecting Record Year

The Port of Houston Authority is expecting 2014 to close as a banner year for the port, with 34 million tons of cargo handled through November, Executive Director

Costa Rica Approves APM Terminals Project

Port operator APM Terminals, a unit of Denmark's A.P. Moller-Maersk, said on Friday Costa Rica's environment agency had approved the construction of its Moin Container Terminal project.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Navigation Offshore Oil Pipelines Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
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: 0.4187 sec (2 req/sec)