CMA CGM and CNAN NORD Spa, Algerian National Shipping Company, have announced a cooperation agreement on November 8th to develop shipping in Algeria.
The agreement focuses on three strategic axes:
- Operational cooperation for a common shipping line linking Northern Europe to the Algerian ports,
- Operational and logistic cooperation between CMA CGM and CNAN NORD Spa (space allocation onboard oceanic CMA CGM vessels, provision of containers etc),
- Sharing of expertise between CMA CGM and CNAN NORD Spa regarding the training of seafarers and executives.
This agreement is part of the CMA CGM development strategy in Algeria, which aims at accompanying shipping transportation development within the country.
CMA CGM established its presence in Algeria 20 years ago, a country now at the heart of CMA CGM’s activities within the Mediterranean Sea. Ten agencies are located across the country (Algiers, Djen Djen, Mostaganem, Oran, Skikda, Sétif, Ghazaouet, Constantine, Annaba, and Bejaia) and employ more than 260 experts. CMA CGM currently runs five maritime services (Euronaf, Algeria Shuttle, Wemed, RoRo Algérie, NAF TS) and calls at nine Algerian ports.
The group is able to accompany the development of its local clients and new market growth, for both imports and exports, thanks to connections offered with France, Spain, Turkey, Egypt, and the Arabian Gulf. Calls offered in CMA CGM’s hubs connect Algeria to the entire world.
This news follows recent announcements of other developments in Alergian port infrastructure, with Kalmar winning a contract for 25 new forklift trucks and China investing a huge US$3.3 billion in the Port of Cherchell.