CMA CGM merges European subsidiaries MacAndrews, OPDR

The French maritime shipping conglomerate will combine its two intra-European subsidiaries for greater European coverage of short-sea and multimodal services, CMA CGM said in a statement.
Ocean carrier OPDR merge with fellow subsidiary MacAndrews, announced parent company CMA CGM on Thursday.
   The French maritime shipping conglomerate the CMA CGM Group will merge two of its subsidiary lines, MacAndrews and OPDR, effective Jan. 1, 2018, the company announced.
   The two subsidiaries specialize in intra-European ocean transport; MacAndrews was acquired by CMA CGM in 2002 while OPDR was acquired in 2015. 
   CMA CGM plans keep MacAndrews as the name of the merged entity and to base its headquarters in Hamburg. The total 595 employees and 18 ocean services between both carriers will be retained, CMA CGM said.
   MacAndrews offers rail, land and maritime transport services, particularly container transport on short-sea routes as well as multimodal solutions in Europe. MacAndrews connects Great Britain, the Iberian Peninsula and Poland while OPDR mainly covers Central Europe, Spain (including the Canary Islands), Portugal and Morocco.
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