Independent journal on economy and transport policy
06:25 GMT+1
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MSC and CMA CGM tighten an alliance in the long term
Wide cooperation between second and the third world-wide company of the line transport
December 1, 2011
The companies Mediterranean Shipping Company (MSC) and CMA CGM have announced today a cooperation agreement. A partnership between the many grips in the shipowning field, if it were not that the two societies are respective second and the third world-wide company in the section of the line transport, with fleets of portacontainer of the ability pairs to 2,1 million and altogether 1,3 million teu, and if it were not that the understanding wide and is extended to various main guiding international of traffic, between which the route Europe Asia-North, that Africa Asia-South and the services for all the South American market.
"We are very pleased - the vice president of the Helvetian MSC, Diego Aponte has declared - to have undersigned this wide cooperation that will join for the next years ours two companies of familiar property. The agreement offers the opportunity to us to optimize the employment of our respective fleets, to improve transit Time and to increase our performances".
"In order more 30-year-old - the managing director of the French CMA CGM, Rodolphe Saadé has said - ours two companies have followed the same trajectory and for a sure number of years we have cooperated in some lines. On the base of this experience and our shared vision of the industry of the shipping, we have decided to strengthen ours partnership so that it in the long term constitutes a engagement of collaboration and that it allows to offer to the customers better solutions and services us".
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