CMA CGM Creates Indian Ocean Hub

 27 Jan 2016     Global Economy/Trade, Going Places, Port Governance, Port Planning, Ports

Third-largest shipping company CMA CGM has announced that it has acquired Reunion Island in the Indian Ocean as a maritime hub, after an initial Memorandum of Understanding was signed by Rodolphe Saadé, Vice-Chairman of CMA CGM in 2014 to acquire the hub.

As a tactical hub, it will offer five weekly calls, which will connect the Reunion Island with Europe, Australia, Asia, India, East Africa, West Africa and South Africa.

Read: Port Bronka and CMA CGM Unite

CMA CGM offers export solutions to Reunion Island producers and new sourcing opportunities for local importers.

The weekly North Europe Med Oceania service now allows direct links between Europe, the Reunion Island and Australia.

With 2 weekly calls, MIDAS Shipping is the only service linking the Reunion Island to East Africa, South Africa, West Africa, Arabian Peninsula and India.

Rodolphe Saadé said: “The Reunion Island becomes today CMA CGM’s maritime hub in the Indian Ocean.

“The group restores its position as the maritime crossroads between Europe, Asia and Africa thanks to our new strengthened service offer.

“CMA CGM contributes to the economic growth of the Reunion Island with new sourcing and export opportunities, and the increased maritime activity generated.”

For the latest on CMA CGM, click here