CMA CGM and P&O Nedlloyd announced the opening of a new service, named Abex (Americas Bridge Express), connecting the East Coast of USA with the East
Coast of South America.

The service will start at the end of their respective current agreement, which CMA CGM operate today together with the CSAV group and P&O Nedlloyd with the Hamburg Sud group.

As from 5th June 2005, this weekly service dedicated to the Brazilian trade will run 5 ships of about 2500 teus capacity.

The rotation will be as follows: Charleston, Norfolk, New York, Paranagua, San Francisco do Sul, Santos, Rio de Janeiro/Sepetiba, Suape and back to Charleston.

From Rodolphe Saadé, Chief Executive Vice President of CMA CGM: "This new development is a further evidence of the determination of CMA CGM to provide its customers with improved services to and from Latin America".