CMA CGM launches 2nd loop between India, Mideast and Africa

Time: 2017-05-26 13:58
FRENCH shipping giant CMA CGM has announced the launch of a second Midas service connecting India, the Indian Ocean, the Middle East and southern and western Africa.
"The duplication allows us to improve service offerings with competitive transit times and greater capacity as well as the access to new markets in South Africa and the Indian Ocean," said Africa Lines director manager Bertrand Simion.
"The CMA CGM Group is betting on the economic dynamism of both India and the countries of Africa and intends to benefit from the economic growth of the two regions," he said.
After announcing an investment in the port of Mundra in India last month, CMA CGM then announced a new service to Africa to accompany its old Midas service.
Midas 1 serves the West Africa Range South and Centre from India and the Middle East. Two calls in South Africa have been inserted on the way back to offer reefer customers among the fastest transit times to the Middle East.
This service will include 10 vessels of 4,250 TEU with over 600 plugs for reefers on a 70-day rotation.
Then were is Midas 2 that will service the Indian Ocean and South Africa from India and the Middle East in a shortened 42-day rotation.
Six ships of 2,500 TEU will be deployed, northbound and southbound with calls at Pointe des Galets in La Reunion where all ships will be operated by SAMR, a CMA CGM Group.
The Loop 1 of the Midas service will call in the CT4 terminal of the port of Mundra, which is now operated by CMA CGM and its Indian partner.
These two new services will be operated with two partners, through a vessel sharing agreement that operates 16 ships calling on 21 ports.
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