Maersk overhauls its West African routes
Maersk, the world’s largest container shipping company, is significantly reorganising its West African services. The Danish group is also the leading shipping firm in Africa ahead of CMA CGM. Having ditched the Maersk Line name, the group is also shedding one of its eight lines as, like all shipping companies, it is striving to cut costs in a context of falling cargo rates and rising fuel prices.
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▪ Maersk overhauls its West African routes
▪ Maersk, the world’s largest container shipping company, is significantly reorganising its West African services. The Danish group is also the leading shipping firm in Africa ahead of CMA CGM. Having ditched the Maersk Line name, the group is also shedding one of its eight lines as, like all shipping companies, it is striving to cut costs in a context of falling cargo rates and rising fuel prices.
▪ https://www.africabusinessplus.com/en/799044/maersk-overhauls-its-west-african-routes/
The seven shipping routes, all known under the “WAF” acronym, connect to the hubs owned by its APM Terminals subsidiary at Tangier Mediterranee and Algeciras on opposite sides of the Straits of Gibraltar. These hubs then connect West Africa to the rest of the world, North America, the Mediterranean and Asia.
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