Freight News, Sea

CMA CGM buys another short-sea specialist

[ November 26, 2014   //   ]

CMA CGM is to acquire German-based shortsea line company OPDR (Oldenburg-Portugiesische Dampfschiffs-Rhederei), subject to regulatory approval.

OPDR is currently owned by the Bernhard Schulte Group and operates door to door logistics services between North Europe and the Canary Islands, the Iberian Peninsula, Morocco and Scandinavia. In late 2014, OPDR relocated its Iberian Peninsula/Canaries?North Africa service from Felixstowe to Tilbury and, in October, daughter company OPDR Maroc, launched a new weekly service between Agadir, Tilbury and the North Continent.

CMA CGM already owns shortsea operator MacAndrews, a company it took over in 2002.

In 2014, OPDR expects to carry over 240,000teu and MacAndrews over 290,000teu.

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