The CMA CGM Group powers the new OCEAN ALLIANCE

Today, members of the new OCEAN ALLIANCE – the CMA CGM Group, COSCO Container Lines, Evergreen Line and Orient Overseas Container Line

– announced the proposed network of the largest shipping alliance in the world.
The four partners will share their capacity on several routes to offer more services for their customers. Together, the partners will operate 40 services on the East-West trades with around 100 ports of call and almost 500 port pairs. Supported by a highly-efficient fleet of nearly 350 vessels with about 3.5 million TEUs in total capacity, the Alliance will comply with the requirements of global supply chains while providing higher sailing frequencies, better transit times and greater coverage in terms of loops, ports of call and port pairs.
As the main contributor to this alliance, the CMA CGM Group will have the largest share within the alliance, deploying a fleet of 119 vessels with a 35% capacity share. The Group will not only be offering more ports, direct calls and better transit times, but is also committed to providing unmatched shipping services and quality through best-in-class business operations and solutions across the Group.
The CMA CGM Group manages a complete supply chain business in intermodal network and terminal operations that strongly supports its container shipping services. With its expertise in reefer and out-of-gauge services, the Group will continue to deliver the best of shipping through customized solutions.

World Shipping news for the marine professional. Read shipping news online.