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|  | | CMA CGM to terminate China- Middle East service |
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¡¡¡¡CMA CGM will terminate its China-Middle East Express 3 (CIMEX3) service, which was only launched in April this year, in November.
¡¡¡¡The demise of the CIMEX3 service, which backs up the initial CIMEX service that caters for central and northern China, will pull out 2,700 TEUs of weekly capacity out of the Asia-Middle East marketplace.
¡¡¡¡The CIMEX3 has a rotation of Xiamen, Shantou, Chiwan, Laem Chabang, Port Kelang, Colombo, Nhava Sheva, Jebel Ali, Port Kelang, Xiamen. The service deploys five 2,200 to 3,200 TEU capacity vessels with ANL and Cheng Lie having slots on the service.
¡¡¡¡Overall capacity growth on the Asia-Mediterranean trade is presently running at around 6.6% prior to CMA CGM's streamlining programme, which is in line with the westbound market growth this year.
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