Maersk Line expands presence in Canada and Europe with exclusive transatlantic service
Maersk Line, the world’s largest shipping company, announced May 23 the expansion of its product portfolio between Europe’s Mediterranean region and Canada to cater to the growing demands of importers and exporters on both sides of the Atlantic.
The exclusive, fully Maersk Line-operated weekly service will be a five-vessel rotation stopping in Salerno and La Spezia (Italy), Fos-sur-Mer (France), Algeciras (Spain), Montreal and Halifax (Canada) and Valencia (Spain). Other Mediterranean markets will also be connected to the new service thanks to the integrated transhipment services in Algeciras and Valencia, with consistent products to/from the Middle East, Africa and Asia. The Maersk service, the Mediterranean-Montreal Express, will have its first sailing July 2, departing from Salerno, Italy and arriving in Montreal July 19.
Jack Mahoney, President of Maersk Line Canada adds: “With one agreement in effect to fuel Canadian imports and exports in the Atlantic and another one in the works for the Pacific, this represents only favorable wind behind the expansion of our services in Canada and enables our customers to reach new markets in Europe and Asia.”
Last year, Canadian imports and exports grew 6.9 percent, a barometer of economic health and prosperity for the country. For 2018, Maersk forecasts a growth of 7 percent in maritime container volume with CETA and CPTPP accords expected to further support this development in both transatlantic and transpacific trades. In addition, Maersk expects to see another year of healthy growth for Middle East, India, Pakistan and Far East imports which grew above 9 percent in 2017 to Canada’s East Coast.
“The Port of Montreal serves these two regions via rail and trucking service for this large market, where 49 percent of discharged cargo go to Quebec and further 29 percent to Ontario. The port, therefore, plays a key role in boosting Canadian trade and is a perfect match for importers and exporters looking for better transportation solutions with Canada,” said Sylvie Vachon, President and Chief Executive Officer of the Montreal Port Authority.
The new service will call Montreal’s Cast terminal, operated by MGT, which is conveniently located closest to the ocean and offers easy access to rail and trucking options.
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