CMA CGM and Marsa Maroc team up on Nador West Med Terminal project
NewsCMA CGM and Marsa Maroc have launched a joint venture to equip and operate half of Morocco’s Nador West Med container terminal.
Fifteen container carrying lines trading with Europe will change the way that they announce their general rate increases (GRIs). The move, which has been agreed with the European Commission (EC), follows a probe of more than four years by the authority’s competition directorate into the pricing practices of carriers, including CSCL, CMA CGM, Coscon, Evergreen, Hamburg Süd, Hanjin Shipping Co, Hapag-Lloyd, Hyundai Merchant Marine, Maersk Line, MOL, MSC, NYK Line, OOCL, UASC and Zim.
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