The members of the newly approved Ocean Alliance – the CMA CGM Group, COSCO Container Lines, Evergreen Line and Orient Overseas Container Line – yesterday announced the proposed network of what will become 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.
"Ocean Alliance is the largest operational agreement ever made between shipping companies," said Rodolphe Saade, vice-chairman of the CMA CGM Group. "By offering more ports and more direct calls, as well as better transit times, we will provide our customers with unmatched quality services. This new offering is a cornerstone of our strategy as it reinforces our competitiveness and strengthens our position as a key player in the shipping industry."
The following trades will be served by the Alliance:
On the Transpacific trade: 20 loops, 145 weekly calls and 52 ports
On the Asia – Northern Europe trade: 6 loops, 79 weekly calls and 31 ports
On the Transatlantic trade: 3 loops, 34 weekly calls and 21 ports
On the Asia – Mediterranean trade: 4 loops, 67 weekly calls and 33 ports
On the Asia – Red Sea trade: 2 loops, 21 weekly calls and 12 ports
On the Asia – Middle East trade: 5 loops, 55 weekly calls and 25 ports
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