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Article: CP Ships division Canada Maritime agrees to Montreal-North Europe container slot sale.
- Article from:
- PR Newswire
- Article date:
- April 11, 2005
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GATWICK, UK, April 11 /PRNewswire-FirstCall/ -- CP Ships division Canada Maritime, along with OOCL, 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 The agreement is expected to take effect in late April after CMA-CGM has withdrawn its existing tonnage from this route.
The slot-charter is in addition to the existing agreement between Canada Maritime, OOCL and the Canex consortium which began in January 2003.
"This will help supply and demand in the Montreal-North Europe trade lane become better balanced," said CP Ships ...