CMA CGM lands deal with top Iranian container carrier

State-owned Iranian container carrier Islamic Republic of Iran Shipping Lines (IRISL) has picked Maersk Line's major competitor, France's CMA CGM, as its close cooperation partner. This is the second time in just a few months that CMA CGM beats the Danish carrier.

Islamic Republic of Iran Shipping Lines (IRISL), the state-owned Iranian container carrier, has decided to form a collaborative partnership with French CMA CGM. According to the agreement, the two carriers going forward will use each other's vessels and operate joint routes as well as collaborating in terms of using various container terminals.

"The progressive lifting of sanctions should bring strong growth in trade between Iran and the rest of the world. This agreement opens new opportunities for CMA CGM to expand in this region," informs the carrier in a statement.

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