In a strategic move to address changing market dynamics and enhance connectivity, CMA CGM and COSCO have announced significant updates to the Mediterranean-Middle East-Indian Subcontinent (MEDEX) service. These changes follow Hapag-Lloyd’s exit from the service and reflect a broader commitment to addressing regional trade demands and security considerations.
Key Features and Data of the MEDEX Service
| Aspect | Details |
|---|---|
| Capacity Increase | CMA CGM and COSCO have expanded capacity after Hapag-Lloyd’s departure. |
| Vessel Composition | 10 ships from CMA CGM, 2 from COSCO, 1 from OOCL (previously 5 from Hapag-Lloyd). |
| Ship Size | Utilizes vessels with a capacity of 7,500–9,300 TEU. |
| New Port Calls | Includes Abu Dhabi’s Khalifa Seaport (first call: January 22), Colombo, and Algeciras. |
| Revised Route | Extended turnaround time of 13 weeks, operating via the Cape of Good Hope. |
| Operational Strategy | Prioritizing alternative routes due to security risks in certain regions. |
Enhanced Capacity and Vessel Deployment
With the departure of Hapag-Lloyd, the MEDEX service now incorporates 10 ships from CMA CGM, 2 ships from COSCO, and 1 ship from OOCL, significantly boosting its operational capacity. The upgraded fleet will deploy vessels with capacities ranging from 7,500 to 9,300 TEU, ensuring robust handling of cargo volumes.
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