France's CMA CGM and Swiss-Italian MSC have formed a broad-based operating partnership spanning several trades including Asia-Northern Europe, Asia-Southern Africa and all of the South American markets, Seatrade Asia online reports. The agreement, inked on Thursday, is aimed at improving the two partners' respective performance. On a certain number of trades, the partnership will enable the groups to deploy the “best ships” in each of their fleets, while increasing the number of ports of call and frequency of sailings.
Diego Aponte, vice president of MSC, said: “The agreement offers us new opportunities to optimise the use of our respective fleets, improve our transit times and increase our performance.”
Diego Aponte, vice president of MSC, said: “The agreement offers us new opportunities to optimise the use of our respective fleets, improve our transit times and increase our performance.”