CMA CGM Reveals Its Asia Southern Red Sea Express Service
- Business & Finance
The CMA CGM Group introduced the new Asia Southern Red Sea Express (REX3), a new fixed-day weekly service that will provide more efficient services to customers starting on May 8, 2014.
This new service is in addition to existing Asia Northern Red Sea Express (REX2) which together will improve port coverage to meet the growing demand and customer requirements in the Red Sea market.
This new setup is developed through a Vessel Sharing Agreement with United Arab Shipping Company (UASC) and China Shipping Container lines (CSCL).
It will also benefit Red Sea exporters in minimizing their transit time through the improved port coverage.
Stéphane Courquin, Vice-President of CMA CGM Asia Med Lines states: “It was strategic to consolidate and build up our presence in the Red Sea markets with improved services from Asia. This new configuration is an additional step of our deployment in the area and confirms the will of the Group to strengthen its presence in these strategic areas”
CMA CGM, March 21, 2014