CMA CGM Buys New Zealand Liner SOFRANA - 3 October 2017

CMA CGM subsidiary ANL has swooped to purchase the majority of the shares in container liner SOFRANA Unilines, a key player in the Pacific Islands maritime trade.

Aukland-based SOFRANA Unilines and its partners operate a fleet of 10 vessels on eight trade-lanes, and call at 21 ports in Australia, New Zealand, Papua New Guinea and the Pacific islands.

Ports on different trade-lanes can be linked from one service to another via transshipment hubs in New Zealand, Australia and Fiji. 

With operations in the South Pacific region for almost 50 years, SOFRANA will provide enhanced port coverage to ANL and CMA CGM in this area, CMA CGM said.

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.

Combining ANL’s extensive reach across Asia, ISC and North America with SOFRANA’s in-depth knowledge of the Pacific islands is intended to provide customers with a new level of service and routing options, all supported by the financial and operational strength of the CMA CGM Group, said CMA CGM.

The newly combined group, SOFRANA ANL, will join CMA CGM’s large portfolio of regional shipping groups, OPDR and MacAndrews in Europe, CNC in Asia.

CMA CGM announced in June, 2017 its project to acquire Mercosul Line to build up its operations in Brazil.

The major liner's acquisition is expected to be completed by the end of October, 2017.