CMA CGM re-names NOL in sweeping changes to Far East operations
FRENCH shipping giant CMA CGM has re-organised itself and its subsidiaries into a tight-knit unit delivering a one-for-all-and-all-for-one service on the transpacific trade lane
08 July 2020 - 19:00
Among the changes, subsidiary Neptune Orient Lines (NOL) will be renamed CMA CGM Asia Pacific Limited. This new Asia-Pacific hub of the CMA CGM Group will oversee trade management of all exports from Asia via CMA CGM, as well as its intra-Asia short-sea operator Cheng Lie Navigation (CNC).
CMA CGM unit APL will focus on its service to the United States Government through its fleet of US-flagged vessels, reported the American Journal of Transportation.
The Marseille-based group reinforced its Singapore hub to drive its development in the Asia-Pacific region, said the report.
From October 1, the company will be the sole commercial carrier of the group operating in the transpacific. As a carrier, APL will focus exclusively on servicing the United States Government.
Said CMA CGM's US country manager Ed Aldridge: 'We are leveraging the very best of CMA CGM and APL, two major carriers in the US, to bring our customers an even more focused and streamlined experience. This simplification fortifies the group's number-one position in the country while enabling us to build upon APL's rich heritage of US flag-ship operations and service to the United States Government.'
The Singapore-based hub will drive CMA CGM's development in the Asia-Pacific region and will focus on delivering end-to-end shipping and logistics solutions. ANL Container Line Pty Limited will become a subsidiary of CMA CGM Asia Pacific Limited as part of this development.
Said CMA CGM's Asia Pacific manager Stephane Courquin: 'The reorganization of our transpacific trade will keep our global network more efficient and diversified. The creation of a new Asia-Pacific hub in Singapore demonstrates our dedication to serve the region as we take supply chain efficiency to the next level, leveraging our expertise in shipping and logistics.'
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