Analyst: Interesting CMA CGM and Maersk Line development

According to SeaIntel, the new agreement between the French CMA CGM and the Danish Maersk Line on the routes between the Far East and Southern and Eastern Africa is an interesting development.

Photo: Maersk Line

The new agreement between CMA CGM and Maersk Line on the route between the Far East and Southern Africa possibly opens for a new division in the relationship between CMA CGM and the Swiss-Italian MSC according to analyst and CEO of SeaIntel, Lars Jensen.

As late as last December, CMA CGM and MSC entered into an agreement on an extensive partnership on the routes Asia-Northern Europe, Asia-Southern Africa and on the South American markets in an attempt to challenge Maersk Line, but already CMA CGM is looking to change partners on the routes between Asia and Southern Africa.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Maersk Product Tankers expects 2022 to be "not an amazing year"

There’s no doubt that 2021 was a miserable year for the global tanker industry. But 2022 could end up strong, many parties say. Maersk Product Tankers is more doubtful. ”2022 won’t be an amazing year,” CEO Christian M. Ingerslev tells ShippingWatch.

Researcher criticizes TotalEnergies' fuel report

TotalEnergies ignores shipping’s climate adaptions in the company’s prognosis for shipping’s future fuel consumption, researcher says in criticism. Among other things, TotalEnergies supports LNG.

OOCL doubles revenue despite significant drop in volumes

Container line OOCL, owned by China’s Cosco, doubled its revenue in 2021, with the top line for Q4 alone surging by 101.4 percent, the carrier says. This major increase happens despite a dive in container liftings during the quarter.

Latest news

See all jobs