CONTSHIP USES CMA CGM PACIFIC SHIPS TO RELAY INDIAN CARGO

CONTSHIP USES CMA CGM PACIFIC SHIPS TO RELAY INDIAN CARGO    Contship Containerlines, a subsidiary of the CP Ships group, has renewed a transpacific transshipment agreement with CMA CGM to move cargoes between the Indian subcontinent and the U.S. West Coast.
   The agreement is not exclusive, and is linked to the existing cooperation between Contship and CMA CGM in the Indian subcontinent/U.S. East Coast trade. Contship, CMA CGM, Shipping Corporation of Indian and Lykes Lines have a vessel-sharing agreement, called Indamex, on the Indian subcontinent/U.S. East Coast route.
   Under the agreement covering the U.S. West Coast, Contship moves Indian subcontinent cargoes on the transpacific ships of CMA CGM, relaying the containers in Malaysia. A spokesman for Contship said that the operation involves only a few shippers, and has been running as an adjunct to Contship’s Mideast/Indian Subcontinent intra-Asia “Galex” service.
   At present, Contship is not active in the Far East/North America trade.