Thu 31 Jan, 2008
| Posted in: Container shipping group CMA CGM is to go into partnership with Spain’s Balearia group to operate ferry services between Europe and North Africa.
The French group will bring to the partnership the ferry activities of Morocco’s Comanav group, which it acquired under the Moroccan government’s privatisation programme last year.
The two companies are to set up a jointly owned subsidiary, Baleria Sur Comanav, which will take charge of the Europe-North Africa services currently operated by Balearia and...