Shipping: "CMA CGM Reorganizes its Transpacific Trade Network" (reinforces Singapore as hub)

From gCaptain, July 6:

French shipping group CMA CGM says it is simplifying its transpacific trade network by removing APL from the trade and naming CMA CGM as the group’s exclusive commercial carrier.
APL will focus on its service to the United States Government through its fleet of US-flagged vessels.

CMA CGM took control of APL as part of its 2016 acquisition of Singapore-based Neptune Orient Lines (NOL). CMA CGM says APL will now leverage its experience to to focus exclusively on servicing the United States Government, as well as its service to the Guam-Pacific trade.

“We are leveraging the very best of CMA CGM and APL, two major carriers in the U.S., to bring our customers an even more focused and streamlined customer experience,” said Ed Aldridge, President of CMA CGM and APL in the United States. “This simplification fortifies the Group’s number-one position in the country while enabling us to build upon APL’s rich heritage of U.S. flag-ship operations and service to the United States Government.”

In addition to changes to its transpacific network, CMA CGM will also be reinforcing Singapore as its Asia-Pacific regional hub....

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