CMA CGM signs three agreements with CSCL and UASC

The CMA CGM Group has announced the signing of three new agreements with CSCL and UASC. Under the name of OCEAN THREE, the agreements concern the following maritime trades: Asia-Europe, Asia-Mediterranean, Transpacific and Asia-United States East Coast.

According to the announcement, the agreements consist of a combination of vessel sharing agreements, slot exchange agreements and slot charter agreements.

The Asia-Europe route is expected to include four weekly services, adding to the two existing services, thereby offering six departures per week

The Asia-Mediterranean route is expected to include four weekly services comprised of two to the Mediterranean, one to the Adriatic and one to the Black Sea.

The Transpacific route is expected to include four weekly services to California and one service to the Pacific Northwest (United States and Canada)

The Asia-US East Coast route is expected to include one service via the Suez Canal and one service dedicated to the Gulf of Mexico.

Further agreements on the Transatlantic route are being discussed are expected to be announced soon.

Rodolphe Saadé, CMA CGM Vice Chairman, said, “We are very pleased to have signed these three agreements with such reputable partners, whom we both know and appreciate. This will allow us to propose to our clients a high quality and reliable alternative to existing services on the market. CMA CGM will continue its global development.”

These agreements are pending authorization from the FMC (Federal Maritime Commission).