OOCL, along with CP Ships division Canada Maritime – its long-term partner in the St Lawrence Coordinated Service (SLCS) – has agreed to charter a fixed number of container slots to CMA-CGM on one of its Montreal-North Europe services. The agreement is expected to take effect in May.
The slot-charter is in addition to the existing agreement between OOCL, Canada Maritime and the Canex consortium which commenced in January 2003.
“The slot-charter will benefit the supply and demand balance on the Montreal-North Europe trade lane,” said David Watson, President, OOCL (Canada) Incorporated. “It will put us in an advantageous position to attain economies of scale and operating efficiencies, and provide an even better service to customers in both Canada and Europe. We will continue to provide the Vital Link for customers in these two locations.”
The slots will be taken on three SLCS ships, OOCL Montreal, Canmar Spirit, Canmar Venture, operating between Montreal and Antwerp and Le Havre.
Orient Overseas Container Line Ltd. (OOCL) is a wholly-owned subsidiary of Hong Kong Stock Exchange listed Orient Overseas (International) Ltd. OOCL headquartered in Hong Kong, is an international container transport and logistics service provider. Linking Asia, Europe, North America, the Mediterranean, the Indian sub-continent, the Middle East and Australia/New Zealand, the company offers transportation services to all major east/west trading economies of the world. OOCL is one of the leading international carriers serving China, providing a full range of logistics and transportation services throughout the country. It is also an industry leader in the use of information technology and e-commerce to manage the entire cargo process. Website: www.oocl.com
