CMA CGM acquires OPDR
The French shipping line CMA CGM has announced the acquisition of the German short-sea shipping operator Oldenburg-Portugiesische Dampfschiffs-Rhederei (OPDR), owned by the Bernhard Schulte Group.
The move is part of CMA CGM’s strategy to manage the short-sea feeder services for its oceangoing vessels; in recent years the world’s third largest shipping line has acquired a number of similar sized short-sea operators, including MacAndrews in 2002.
OPDR runs a fleet of eight vessels, five owned with the remaining three chartered, with an average capacity of 700 teu. They operate between Northern Europe to Spain, the Canary Islands, Portugal, Morocco and Scandinavia; OPDR expects to carry over 240,000 teu this year (2014), while MacAndrews is expected to carry 290,000 teu.
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