Danish carrier Maersk Line announced the establishment of a new Vessel Sharing Agreement with French-based CMA-CGM utilizing both the Panama and Suez Canals commencing in May 2009.
Further adjustments to the Maersk Line network will provide customers with significant benefits. This new VSA follows almost a year of successful cooperation between the two companies in a trans-Pacific agreement, and represents further rightsizing of capacity in the trans-Pacific trade. Demonstrating a new perspective on service to North America, Maersk Line and CMA-CGM 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. “Our customers have been looking for products offering alternative gateways from Asia directly to the east coast via all water routing – and this new vessel sharing agreement represents this option, as well as a new direction for our companies. Our partnership has been tested in the trans-Pacific and we are pleased with the new and dynamic product offering for our customers,” commented Bill Woodhour, Sales manager for North America for Maersk Line.
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