French shipping group CMA CGM has entered the exalted ranks of shipping lines with a fleet capacity of one million TEU, following the addition of the 5,744-TEU CMA CGM Vancouver last week.
This ship, chartered from Hanjin Shipping, is expected to join the new Columbus/TP-3/TP-9 pendulum service, launched jointly with Maersk Line last month.
The ship comes after CMA CGM received several newbuilding deliveries earlier this month, including the 11,356-TEU CMA CGM Aquila, the 10,960-TEU CMA CGM Musca and the 6,477-TEU CMA CGM Corneille, reports Paris-based AXS-Alphaliner.
It said that CMA CGM would have passed the one-million-TEU mark before the end of 2008 if the economic downturn had not prompted the redelivery of numerous chartered ships, which the French shipping group returned at the end of their charters.
Alphaliner added that CMA CGM's fleet has doubled in size within 3.5 years, with the average capacity of its ships having risen from 2,075 TEU to 2,775 TEU during this period.
CMA CGM remains the third top container shipping line, with a global market share of 7.4 per cent, behind APM-Maersk and MSC.
This ship, chartered from Hanjin Shipping, is expected to join the new Columbus/TP-3/TP-9 pendulum service, launched jointly with Maersk Line last month.
The ship comes after CMA CGM received several newbuilding deliveries earlier this month, including the 11,356-TEU CMA CGM Aquila, the 10,960-TEU CMA CGM Musca and the 6,477-TEU CMA CGM Corneille, reports Paris-based AXS-Alphaliner.
It said that CMA CGM would have passed the one-million-TEU mark before the end of 2008 if the economic downturn had not prompted the redelivery of numerous chartered ships, which the French shipping group returned at the end of their charters.
Alphaliner added that CMA CGM's fleet has doubled in size within 3.5 years, with the average capacity of its ships having risen from 2,075 TEU to 2,775 TEU during this period.
CMA CGM remains the third top container shipping line, with a global market share of 7.4 per cent, behind APM-Maersk and MSC.