Disconnect: time-charters and the freight market
Time to jump off?
CMA CGM appears to be warming to new network partners on Indian trades to compete with mega-alliances, particularly the Gemini Cooperation of Maersk and Hapag-Lloyd.
According to industry sources, the French liner is set to phase-in vessels on a weekly Asia-India loop that Cosco currently runs as a standalone.
“CMA CGM is upgrading with deployment of two vessels,” one source told The Loadstar. “An announcement is expected shortly.”
However, CMA CGM denied that it would add vessels to the service and said: “CMA ...
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