FRENCH shipping line CMA CGM says it is revising its services on the Asia-US east coast trade. “The strengthening of our Asia/USEC loops means three departures a week and a wider geographical coverage. These are two major steps to better serve our customers and improve their logistic supply chain,” said a company statement. It said in a statement that with effect from March 28 the network will be covered by…

MAERSK has announced it will cut Asia-Europe capacity nine per cent, ignoring its earlier declaration to keep capacity high and increase market share, sparking a fresh consolidation of services among its rivals. Back in November, Maersk Group CEO Nils Andersen told Bloomberg: “We are well positioned for a stretch of tough competition. Its natural that the smaller players question whether it’s good to keep competing.” But today Maersk is telling…

MARSEILLES’ CMA CGM, the world’s third largest carrier, has announced it will revamp its Asia-west Mediterranean services in partnership with Maersk Line, effective early April. The New NEX 1 loop, jointly run by CMA CGM and Maersk with eleven 12,500-TEU vessels, will call at Qingdao, Busan, Shanghai, Ningbo, Shenzhen-Yantian, Shenzhen-Chiwan, Guangzhou-Nansha, Tanjung Pelepas, Port Kelang, Malta, Valencia, Barcelona, Marseilles-Fos, Genoa, Malta, Port Said, Khorfakkan, Port Kelang, Singapore and back to…

French shipping group CMA CGM and technology services provider IBM have announced the formation of a new strategic partnership through the establishment of a joint subsidiary, after five years of working together. Under the terms of a new five-year accord, IBM will provide industry-specific expertise in new technologies such as cloud computing and analytics, and support the shipping group’s growth by delivering information technology services designed to help the freight…

Major container carriers, CMA CGM, CSCL and UASC, have announced the re-arrangement of a joint CIMEX 1 Asia-Middle East service effective February 2 deploying some of the biggest ships in the world. The new CIMEX 1 loop will deploy seven ships of 12,500-14,400 TEU. CMA CGM will deploy one 12,500-TEUer with CSCL deploying 14,400 TEU vessels and UASC having three 13,000 TEUers. First sailing of the revamped string is scheduled…

Friday, November 28 ,2003 Lloyd Triestino, CMA CGM to launch new China-Black Sea service LLOYD Triestino and CMA CGM are to launch a new service linking China and the Black Sea in December. The China-Black Sea (CBS) service will employ seven 2,300 TEU vessels and have a port rotation of Ningbo, Shanghai, Xiamen, Chiwan, Port Kelang, Colombo, Port Said, Piraeus, Istanbul, Constanza, Odessa, Ilichevsk, Damietta, Port Kelang and Ningbo. The…

Monday, October 20 ,2003 PSA operations handle more boxes in September PSA handled a total of 2.31 million TEU in September, both in Singapore and at its other global terminals, a rise of 6.9 per cent over the same month last year. According to company figures, the total can be broken down into 1.53 million TEU for Singapore, an increase of 8.5 per cent year-on-year; and 790,000 TEU for its…

Wednesday, September 17 ,2003 CSXT strengthens commitment to Atlanta CSX Transportation has moved on the first phase of a strategic development involving the Fulton Industrial Business District in metropolitan Atlanta that will see the area become a premier industrial transportation hub for the US southeast.Beginning this month, CSX will spend nearly US$1 million over eight weeks to strengthen existing infrastructure in the business district. The improvements include 7,000 new cross…