China Shipping Container Lines : CSCL signs three agreements on the biggest worldwide maritime trades with CMA CG...
September 09, 2014 at 08:21 am EDT
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CSCL is pleased to announce the signature of three major agreements with CMA CGM and UASC.
The three agreements concern the following maritime trades: Asia-Europe, Asia-Mediterranean, Transpacific and Asia-United States East Coast.
The agreements will complete the CSCL offering on the biggest global maritime markets:
- On the Asia-Europe trade: 4 weekly services, which complete the two existing services, thereby CSCL offering 7 departures per week
- On the Asia-Mediterranean trade: 4 weekly services, two to the Mediterranean, one to the Adriatic and one to the Black Sea, thereby CSCL offering 7 departures per week
- On the Transpacific: 4 weekly services to California and one service to the Pacific Northwest (United States and Canada), thereby CSCL offering 9 departures per week
- On the Asia-US East Coast trade: one service via the Suez Canal and one service dedicated to the Gulf of Mexico.
This new offering will combine both speed and reliability. Rotations will be optimized with calls in all the biggest Asian, European and North American ports.
The number of weekly calls proposed and the transit times will be among the best on the market, thereby responding to the expectations of our clients.
The U.S. related cooperation agreements are pending authorization from the FMC (Federal Maritime Commission of USA).
COSCO SHIPPING Development Co Ltd is a China-based company mainly engaged in container manufacturing. The Company mainly operates in four segments. Shipping and Related Industry Leasing segment is principally engaged in ship leasing and container leasing. Container Manufacturing segment is mainly engaged in container manufacturing. Financial Investment segment is mainly engaged in the management and operation of the containers it invests in. Its main management contents include warehousing, leasing, scheduling, handover, distribution, inspection and maintenance, and agency sales. Others segment is engaged in sale and leaseback. The Company mainly operates in the domestic market.