01.12.2011

Partnership between MSC and CMA CGM



On December 1st, 2011 the world's second and third largest container lines - Mediterranean Shipping Company and CMA CGM announced an operating alliance.

The deal was brokered by MSC vice-president Diego Aponte and CMA CGM executive officer Rodolphe Saade. Under the agreement, which starts in March and will be for two years initially in line with European competition rules, the MSC and CMA CGM will form a broad-based operating partnership covering several trades, including Asia-Northern Europe, Asia-Southern Africa and all of the South American markets. The partnership encompasses purely vessel sharing or slot swap agreements, with neither joint sales and marketing, nor collective pricing.



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