CMA-CGM’s Aztec Return Brings Ocean-2M Alliance Link — Panjiva
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CMA-CGM’s Aztec Return Brings Ocean-2M Alliance Link

Colombia 74 Corp - Ports 910 Corp - Shipping 1028 Guatemala 16 Mexico 928 Mode - Containerized 1524 Mode - Seaborne 1845 Theme - Alliances 99 U.S. 5402

CMA-CGM has launched the Azteca service joining ports in California with those in Mexico and central America. The service will be offered jointly with Hamburg Sud, which is in the process of being acquired by Maersk. Aside from providing a link between two alliances (2M and Ocean) the move follows recent agreements signed to reduce east coast Latin American market share by Maersk. Panjiva data shows CMA-CGM had a market share of just 10% on the routes in the past year, lagging market leader Hapag-Lloyd (41%), Maersk (18%) and Hamburg Sud (16%).

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