CMA CGM will launch a new EMED1 service connecting Antalya, Alexandria, Beirut, Antalya from 10 July 2024 with the 1,118 teu WILHELMINE. The weekly servce will turn in 7 days.
CMA CGM will launch a new India East Coast Express 2 (IEX2) service calling at Singapore, Chennai, Colombo, Singapore from 27 June 2024. The service will turn in 14 days using the 1,738 teu HANSA HOMBURG on a fortnightly frequency.
CMA CGM will launch a new French Peak Service that will provide 4 sailings between Asia and North Europe from 30 June 2024 and 3 sailings from Asia to the Mediterranean from 14 July 2024. The North Europe loop of the peak season service will call at Yantian, Cai Mep, Singapore, Le Havre, Antwerp, Yantian starting with the 6,350 teu APL OREGON at Yantian from 30 June 2024 on a 77 day round trip rotation with 4 sailings planned initially, but subsequently reduced to just 2 loaders. The Med loo
CMA CGM will launch a new India Gulf Red Sea Express (BIGEX2) service connecting Jebel Ali, Djibouti, Aden, Colombo, Mangalore, Nhava Sheva, Mundra, Jebel Ali from June 2024. The new service will turn in 28 days and deploys 4 ships of 1,700 to 3,000 teu starting with the 1,713 teu CMA CGM SAIGON at Jebel Ali on 8 June 2024, followed by the 3,013 teu WADI ALRAYAN, 2,078 teu LOBIVIA and 1,714 teu ST. JOHN. The BIGEX2 will replace the existing Mona Express 2 that will be discontinued from 8 June
EBIT turned around in 1Q 2024 from 4Q 2023 losses on sequentially higher freight rates and lower unit costs. Management outlook statement: "Uncertainties in the macro-economic and geopolitical environment could continue to cause fluctuations in the transport and logistics market, and weigh on its fluidity and seasonality. In addition, the commissioning of newbuild deliveries are expected to continue in excess of forecast demand, ultimately affecting the supply-demand equilibrium and, by exte
CMA CGM has resumed full Suez Canal transits on the Asia-Med Phoenician Express (BEX2) service from the end of April 2024, becoming the first mainstream Asia-Europe service to return to the Suez since the Red Sea crisis escalated in December 2023. The service is one of 4 OCEAN Alliance services on the Asia-Med route and is marketed as the PHOEX/BEX2 by CMA CGM, AEM6 by COSCO, AAS by OOCL and BEX2 by Evergreen. The service was previously operated with a mixed fleet of ships from the 3 OCEAN Alli
CMA CGM will launch a new MCX - West Coast Central America service connecting Buenaventura, Balboa, Puerto Caldera, Acajutla, Buenaventura from 12 June 2024. The MCX service will turn in 2 weeks using the 1,368 teu THEODOR and 1,341 teu ALGOL.
Mercosul Line, the Brazilian cabotage carrier of the CMA CGM group, will launch a new ATLAS service calling at Santos, Buenos Aires, Mar Del Plata, Imbituba, Santos. The fortnightly service will start from 5 June 2024 using the 1,713 teu CMA CGM PLATON on a 14 day rotation. Mercosul ATLAS service
6 carriers are teaming up to expand their current Vietnam/Thailand-India-Middle East Gulf service into an extended butterfly service that will offer 2 separate loops connecting the following ports: * Loop 1 : Laem Chabang, Singapore, Port Klang, Nhava Sheva, Jebel Ali, Dammam, Nhava Sheva, Port Klang, Cai Mep * Loop 2 : Cai Mep, Jakarta, Port Klang, Mundra, Jebel Ali, Dammam, Mundra, Port Klang, Laem Chabang 6 carriers (CMA CGM, China United Lines (CUL), Emirates Shipping Line (ESL),
CMA CGM will launch a new M2X Mexico Express service calling at Xingang, Qingdao, Busan, Ensenada, Manzanillo, Lazaro Cardenas, Yokohama, Busan, Xingang from 11 May 2024. The M2X will turn in 56 days using 8 ships of 4,200 teu starting from 11 May 2024 with the 4,253 teu ANL WANGARATTA at Busan. The service will compete directly with COSCO/OOCL's newly launched WSA5/TLP5 service that will start on 6 May 2024 calling at Busan, Dalian, Ningbo, Shanghai, Qingdao, Ensenada, Manzanillo, Ensenanda,