CMA CGM cuts APL link, renews Far East-Red Sea Rex2 with Hanjin, Yang Ming

Time:2012-07-19 Browse:54 Author:RISINGSUN
MARSEILLE`s CMA CGM, the world`s third largest shipping line, has announced the re-launch of its old service, with new partners, Hanjin and Yang Ming, from the Far East to the Red Sea ports starting July 22.


The Rex 2 will replace the Rex 1 service, which has been operated under a vessel sharing agreement with Singapore`s APL, which ended in June.


The Rex 2 service keeps CMA CGM active on this major trade lane and from July 22, it will now operate under a vessel sharing agreement with Hanjin and Yang Ming.

 
CMA CGM will deploy one vessel, the 3,900-TEU Ville d`Aquarius, which will rotate through Shanghai, Ningbo, Kaohsiung, Shenzhen-Skekou, Singapore, Jeddah, Sokhna, Aqaba and back to Shanghai.


"It was essential for CMA CGM to offer again Egypt and Jordan calls with a direct and improved service from Asia. This new Rex 2 service is the first step of CMA CGM redeployment in the zone and confirms the group`s will to increase its presence in these countries for both import and export," said CMA CGM vice president Stephane Courquin.