The new pendulum services will start in February, 2006.
One pendulum, Europe/ANZ/Europe, will offer weekly service through the Suez Canal with vessels of 2,000-to-2,500-TEU capacity. The second pendulum, Europe/U.S. East Coast (USEC)/French SPI's/ANZ/USEC/Europe, will offer fortnightly services initially through the Panama Canal, also with vessels ranging in capacity from 2,000 to 2,500 TEUs.
'These services will allow CMA CGM to maintain existing market coverage, but also to offer new connections (ANZ/USEC) and improved transit times for most of the trades involved – for instance: Europe to Australia via Suez (Hamburg to Melbourne in 30 days),' said Jean-Francois Guittet, CMA CGM's senior vice president for Africa, Oceania, and Indian Ocean Lines.
'Discussions with other carriers are also in progress to join forces on these routes in order to offer a weekly frequency in both services,' CMA CGM said in a statement.
Brokerage Compliance Symposium
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The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now