CMA CGM launches new service connecting Indian subcontinent and US East Coast

French shipping and logistics company CMA CGM on Monday announced the launch Indamex, a renewed shipping service to cater to the rising demand between Indian subcontinent and the US East Coast.

Indamex will operate fixed-day weekly services with the first 8,500-TEU vessel, mv APL Southampton, departing from Port Quasim in Karachi (Pakistan) via Nhava Sheva to US East Coast ports on 15 August, according to a CMA CGM release.

Indamex vessels will be using dedicated CMA terminals - both in India (Nhava Sheva) and in the US (New York) with dedicated windows for priority berthing on arrival, for all 52 weeks a year, the company stated.

The Indamex service is also offering a roundtrip option every 77 days via Cape of Good Hope connecting Port Qasim, Nhava Sheva, Mundra, New York, Norfolk, Savannah, Charleston and back. 

CMA CGM said the new service offering is intended to help alleviate supply chain pressures and save customers from disruptions to major maritime routes.

Earlier, on Wednesday (12 June 2024), CMA CGM announced the launch of the French Peak Service, a seasonal shipping services to cater to the Asia-Europe cargo traffic.

The service will operate seven additional sailings between ports in Asia and Northern Europe and the Mediterranean, with 7,000 TEU vessels, from 30 June to early September.

The new sailings will add 25 per cent fresh capacity, especially for CMA CGM's French clients, the company stated.

CMA CGM group, which reported a 30 per cent year-on-year decline in its pre-tax earnings (EBITDA), said it is that is pursuing transformative growth in a volatile market.

The CMA CGM Group is also persuing its diversification with strategic integration of Bollore Logistics.