CMA CGM, China Shipping and UASC will introduce its Asia Southern Red Sea Express (REX3) string, a fixed-day weekly service, providing new efficiencies starting May 8, said a company statement.
"This service is in addition to our existing Asia Northern Red Sea Express (REX2) which together will improve our port coverage to meet the growing demand and customer requirements in the Red Sea market" said CMA CGM.
The service is part of a vessel sharing agreement with United Arab Shipping Company (UASC) and China Shipping Container lines (CSCL) that leverages an expertise and provides competitive transit times between ports in Asia and Red Sea.