Tuesday, November 25, 2008

Maersk Line and CMA CGM team up again

Danish carrier Maersk Line is once again teaming up with France-based CMA CGM in a new vessel sharing agreement (VSA) beginning in May next year.

This new VSA follows almost a year of successful cooperation between the two companies in a trans-Pacific agreement. Maersk Line and CMA-CGM would provide two strings with new services for customers. The scope of the agreement includes the Far East to the US east coast and Far East to the Pacific Northwest. The first string, known as the TP3, will be a pendulum between the Far East, the Pacific Northwest and US east coast. It will serve an eastbound port rotation of Shanghai - Hong Kong – Yantian – Singapore – Newark – Norfolk with westbound calls at Singapore - Hong Kong - Yantian and Shanghai via the Suez Canal. The second segment of the pendulum service will consist of a revised TP9, which will discontinue service to the Pacific Southwest, yet continue to provide access to inland markets in North America through Seattle and Vancouver while avoiding potential congestion often faced in southern west coast ports. The revised TP9 will offer access to multiple Asian markets with calls at Singapore, Hong Kong, Yantian, Shanghai and Busan with improved access to the Pacific Northwest. These services will include 13 vessels with 6,400TEU capacity. Seven of these vessels will be operated by Maersk Line, the remaining six by CMA CGM.
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