CMA CGM, Hamburg Süd Expand Cooperation

The CMA CGM Group and Hamburg Süd have reached an agreement to further enhance their cooperation, adding several new initiatives to the already existing joint services between North Europe and both East- and West coasts of South America.

 

Rodolphe Saadé, CMA CGM Vice Chairman, said, "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." 

 

Since mid-January Hamburg Süd has 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.

 

Additionally, starting mid-May, and subject to prior FMC approval, the lines will 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 side - detailed information will be made available soon. This new service will be complementing the one connecting Asia with United States East Coast via Suez.

 

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. Details on the new service configurations are still being finalized.

 

Under the agreement, the lines have also agreed to explore other cooperation opportunities.

 

Hamburg Süd CEO, Ottmar Gast, added, "We value the partnership with CMA-CGM and are excited about the new products which we are jointly offering to the market."