CMA CGM announces that it has reached an agreement to
purchase through its subsidiary, ANL, the majority of the shares in SOFRANA
Unilines, a key player in the Pacific Islands regional maritime trade, says a
release on 2 October ’17.
SOFRANA Unilines, an expert of Oceania and Pacific
SOFRANA Unilines operates directly or in partnership a
fleet of 10 vessels on eight trade-lanes, servicing 21 ports in Australia, New
Zealand, Papua New Guinea and the Pacific islands.
With successful operations in the South Pacific region
for almost 50 years, SOFRANA will provide enhanced port coverage to ANL and CMA
CGM in this area.
Strengthening of CMA CGM’s regional network
CMA CGM’s ANL already offers 16 trade lanes servicing
major ports throughout Australia, New Zealand, Papua New Guinea, North Asia,
South East Asia, Indian Subcontinent and North America.
ANL’s extensive reach across Asia, ISC and North
America coupled with SOFRANA’s in-depth knowledge of the Pacific islands will
provide customers with a new level of service and routing options, all
supported by the financial and operational strength of the CMA CGM Group.
The newly combined group, SOFRANA ANL, will join CMA
CGM’s large portfolio of regional experts: OPDR and MacAndrews in Europe, CNC
in Asia. In addition, CMA CGM announced in June its project to acquire Mercosul
Line to build up its operations in Brazil.
The acquisition of SOFRANA Unilines is expected to be
completed by the end of October.