CMA CGM starts first intra-Asia service
French carrier CMA CGM is starting this month its first dedicated intra-Asia container service in partnership with Cheng Lie Navigation and Yang Ming, two Taiwanese shipping lines with more experience of this vast market.
The intra-Asia market amounts to about 26 million TEUs a year and grows 16 percent a year, CMA CGM estimates.
CMA CGM, Yang Ming and Cheng Lie will employ four 1,500-TEU vessels on the route connecting mainland China, Hong Kong, the Philippines and Indonesia. The weekly service will have a rotation of Qingdao, Shanghai, Hong Kong, Manila, Jakarta, Surabaya, Manila, Hong Kong and back to Qingdao.
CMA CGM starts first intra-Asia service
