CMA CGM, COSCO Container Lines, Evergreen Line and Orient Overseas Container Line to establish OCEAN Alliance. Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group, stated: “This new agreement with our Asian partners will enable us to propose to our customers an unrivaled and competitive service offering. The Ocean Alliance partners have presented their new service offering which would see the shipping majors deploy a total of 325 containerships. COSCO SHIPPING Lines have announced the reshuffling of it’s Pacific Southwest services as from the end of Aug 2018.. It reinforces the CMA CGM Group in its key position within the industry.”, Ocean Alliance Day 3 Product – Key Figures, Version 17.0.3.895aac17 | Ocean Alliance, is the world’s largest operational agreement between container shipping lines in the world and has Cosco (incorporating OOCL), CMA-CGM and Evergreen – 3rd, 4th and 7th largest container lines in the world respectively – as its members.. of the Day 4 Product will enable us to further strengthen the competitiveness The Journal of Commerce (JOC) reported : The Ocean Alliance was born in Shanghai on Wednesay as CMA CGM , China Cosco Shipping , Evergreen Line and OOCL signed a memorandum of understanding to offer more than 40 global services connecting markets in Asia, Europe and the … The Ocean Alliance Day Two Product will offer total 8 loops between Far East and Pacific Southwest ports with competitive transit time.. Registers a unique ID that is used to generate statistical data on how the visitor uses the website. Due to inactivity, your session is about to expire.You will be logged out in minutes and all unsaved actions will be lost. The agreement, signed on January 9 th, will see the use of 325 container ships, 38 services and the carrying of an estimated 3.8 million TEUs.. CMA CGM, COSCO, Evergreen and OOCL signed today (January 9, 2020) the launch of Ocean Alliance Day 4 Product, which will start in April 2020. liner will commit 112 vessels. Speaking at Cosco said the new agreement will provide broader coverage, better and more stable service in several trade lanes including its transpacific services, Asia – Europe services and Asia – Mediterranean services. COSCO is currently part of the CKYHE alliance that also includes Evergreen. The Ocean Alliance is between CMA CGM, China Cosco Shipping Corporation, Evergreen Line, and OOCL. The Ocean Alliance includes 330 container ships and an estimated carrying capacity of 3.8m TEUs. By continuing browsing on this website. Shanghai, April 20, 2016 - CMA CGM, COSCO Container Lines, Evergreen Line and Orient Overseas Container Line today signed a Memorandum of Understanding to form a new Alliance enabling each of them to offer competitive products and comprehensive service networks covering the Asia-Europe, Asia-Mediterranean, Asia-Red Sea, Asia-Middle East, Trans-Pacific, Asia-North America East Coast, and … A new Ocean Alliance offers the most services, with some 40 loops. Launched in 2017 for an initial period of five years with an option for a five-year renewal, Ocean Alliance is the world’s largest operational agreement between shipping companies. The Ocean Alliance is the world’s largest operational agreement between shipping companies and involves container ships from CMA CGM, COSCO Shipping, Evergreen and OOCL. 7 services; A large offer between Asia and the Mediterranean with 4 services; Under the Ocean Alliance Day 4 product CMA CGM, Cosco Shipping, Evergreen and OOCL have outlined the latest service offering which will begin in April 2020. In April 2016, COSCO SHIPPING Lines left the CKYHE alliance and formed a new 5-year vessel-sharing contract, the Ocean Alliance, along with CMA CGM, OOCL, and Evergreen Line. 2019 had committed 111 container ships to the Day 3 agreement, in 2020 the With this agreement, we are pursuing the The CMA CGM Group, a worldwide leading shipping group, is pleased to announce that Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group, signed today the extension of the Ocean Alliance cooperation until 2027. CMA CGM highlighted Around 330 container ships, 111 of which will be operated by the CMA CGM Group. CMA CGM stated: “One year after the extension of Ocean Alliance until 2027, the launch Ocean Alliance: COSCO, OOCL, CMA CGM, and Evergreen. addition, a new feeder service is to be established by Cosco for Israel and North Europe, Czech Republic and Hungary for example, as well as Egypt in the south Spain Africa to provide reliable services. The main reason for the alliance is the acquisition of CMA / CGM by Neptune Orient Lines, as well as the merger of COSCO with China Shipping. Under the Ocean Alliance Day 4 product CMA CGM, Cosco Shipping, Evergreen and OOCL have outlined the latest service offering which will begin in April 2020.. Members of the OCEAN Alliance, CMA CGM, COSCO Shipping Lines, OOCL and Evergreen, have signed documents to confirm the extension of the duration of OCEAN Alliance to ten years, until March 31, 2027. Ocean Alliance – The world’s largest operational agreement between shipping companies – 4 major actors in the shipping industry: CMA CGM, COSCO SHIPPING, Evergreen and OOCL The Ocean Alliance, comprised of shipping lines CMA CGM, COSCO Shipping, Evergreen and Orient Overseas Container Line (OOCL), has extended its cooperation agreement until March 31, 2027. continuous improvement of our services for the benefit of our customers.”. Announcing the signing, Chinese shipping major COSCO Shipping Lines said that OCEAN Alliance operates stably and orderly under smooth communication among all members since April 2017. CMA CGM in The confirmation of the 10-year duration of this partnership only two years after its launch reflects the trust and high-quality working relationship established between CMA CGM and its partners within Ocean Alliance, to the benefit of the CMA CGM Group’s customers. The CMA CGM Group has announced that Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group, signed today with the executives of COSCO SHIPPING, Evergreen and OOCL the launch of Ocean Alliance Day 4 Product, which will further strengthen the CMA CGM Group’s service offer. the time of the announcement, Rodolphe Saadé, Chairman and CEO, CMA CGM Group, Necessary cookies enable core functionality. Guidance for Transition to Ocean Alliance (OA) Service Rollout As of April 1st 2017, the Ocean Alliance (OA) is now up and running – ready for business. The website cannot function properly without these cookies. The Ocean Alliance, which promises CMA CGM/APL, Cosco Shipping and Evergreen Line – is one of three major maritime alliances that enable slot-sharing and vessel-sharing agreements (VSAs) among the world’s major carriers. Overview of OCEAN Alliance cosco SHIPPING OCEAN cr.aA CGM EVERGREEN LINE Signing Ceremony Key Points of OCEAN Alliance: 4 Members 5+5 Years Duration 8 Trade Lanes 41 Loops 350 Vessels 3.5 Million TEU COSCO CMA cGM EVERGREEN LINE OOCL SHIPPING take it Mexico. CMA CGM, COSCO SHIPPING, Evergreen and OOCL have announced the launch of their Ocean Alliance Day 3 Product starting April 2019. 2019,the Ocean Alliance Day Three is improving and optimizing global network based on 2018 Day Two product, intends to deploy estimated total carrying capacity of 3.86 million TEUs. Due to inactivity, your session has expired. The O/A Ocean Alliance represents about 26% of the global container capacity or about 5.5 million TEU. linking North Europe to the East Coast of the United States and the Gulf of First launched in 2017 for an initial period of five years with the option for a five-year renewal, the alliance is one of the world’s largest operational agreements between shipping companies. Ocean Alliance: CMA CGM, Evergreen, OOCL, COSCO Shipping; These three alliances represent 77.2% of global container capacity and a whopping 96% of all East-West trades. Shanghai, April 20, 2016 - CMA CGM, COSCO Container Lines, Evergreen Line and Orient Overseas Container Line today signed a Memorandum of Understanding to form a new Alliance enabling each of them to offer competitive products and comprehensive service networks … This is clearly an upgrade from the previous CKYE and O3 alliance partners – bringing forth a far superior Alliance partnership covering the main Ocean Alliance’s mission is to protect whales and their ocean environment through research, scientific collaboration, public education, and the arts. Ocean Alliance tweaks network as rivals change members . Launched in 2017 with an initial period of five years COSCO Shipping, OOCL, CMA CGM, and Evergreen just confirmed the extension of the duration to ten years until 2027. On the occasion of his visit to China, Rodolphe Saadé also signed with his partners on January 16th the launch of Ocean Alliance Day 3 Product, CMA CGM’s new unmatched service offering. THE Alliance follows with 32 services and 2M with 25. COSCO SHIPPING Lines has announced the reshuffling of it’s Middle East services as from the end of July 2018 and an upgraded MEX4 service.. The product is the third phase of the new service offering from Ocean Alliance and will bring the largest service offer on the Transpacific trade with 19 services. 4 services between Asia and the Mediterranean. An estimated carrying capacity of around 3.8 million TEUs (Twenty-foot Equivalent Units). The four members of the Ocean Alliance are currently spread over three separate alliances. Ocean Alliance CMA CGM, COSCO, OOCL, APL and Evergreen (APL is now owned by CMA CGM) The Alliance: NYK Group, MOL, “K” Line, Hapag Lloyd, UASC and Yang Ming (UASC has merged with Hapag Lloyd) 2M Alliance: Maersk Line and MSC, with HMM and Hamburg Sud (Hamburg Sud is now owned by Maersk Line). The agreement, The new offer will start in April 2020. vessels. OCEAN Alliance Sets Out Network (Shanghai) - Members of the OCEAN Alliance, COSCO Container Lines, CMA CGM, Evergreen Line and Orient Overseas Container Line, today signed a document entitled the Day One Product, which sets out the proposed OCEAN Alliance’s network, including port rotation for each service loop. Ocean Alliance, Inc., a 501(c)(3) not-for-profit Organization, and was founded in 1971. trade with a total of 19 services; a strong offer between Asia and Europe with Ocean Alliance tweaks network as rivals change members Greg Knowler, Senior Europe Editor | Jan 09, 2020 12:03PM EST. ESS - From South East India ports to the North Continent, the Mediterranean, North Africa, Red Sea & Latin America, THC UPDATE - Papua New Guinea import/export, BAF update - Algeria & Tunisia Roro services, COVID-19: The CMA CGM Group keeps you informed on the situation. also said that Ocean is the only alliance offering 4 services between Asia and Day 4 agreement will see the same number of TEUs carried out by five fewer in the west. It is a milestone in our development strategy. Cosco Shipping Lines, CMA CGM, Evergreen Line and OOCL have launched their Ocean Alliance Day 3 Product at the beginning of April 2019. This website uses cookies. China-Europe rail express service will also provide connection to hinterland of In The news out of Beijing at the end of last week on mp.weixin.qq.com is that the carriers of the OCEAN Alliance signed a document laying out the vessel sharing agreement’s planned network of services: Members of the OCEAN Alliance, COSCO Container Lines, CMA CGM, Evergreen Line and Orient Overseas Container Line, today signed a document entitled the The Ocean Alliance, which includes COSCO subsidiary OOCL, has announced Asia to Europe service modifications. The Alliance is often seen as a direct attempt to balance the dominance of the 2M alliance. A complete range of value-added services designed to provide ultimate care and boost your business, The online management of every step of your shipping cycle. COSCO SHIPPING Lines launches OCEAN Alliance 2019 service products Date:2019-01-17 Read times: font size:[ L M S ] 2019,the OCEAN Alliance Day Three is improving and optimizing global network based on 2018 Day Two product, intends to deploy estimated total … [19] [20] On July 24, 2018, COSCO SHIPPING Lines reported a cyber attack to its operations in the United States, Canada, and South America. Cosco Shipping highlighted the Piraeus hub which has been the subject of huge investment from the Chinese shipping line after an agreement of €600 million ($665 million) was made in November 2019, further enhancing its Mediterranean service. *Update: In July 2017, Cosco Shipping announced its acquisition of OOCL With this, Ocean Alliance will set itself as the largest consortium in container shipping history.Altogether, it makes up 25.6% of the global market share (Alphaliner Dec 2016 data), in comparison to THE Alliance’s 16.5%. ... Beijing sponsors Cosco Shipping’s rapid expansion. All contents © copyright Maritime Information Services Ltd. All rights reserved. Some of them are essentials while other help us to improve your experience. 4 services between Asia and the Middle East. 12/14/2020 1:10:01 PM - 0683. Launched in 2017 for an initial period of five years with an option for a five-year renewal, Ocean Alliance is the world’s largest operational agreement between shipping companies. signed on January 9th, will see the use of 325 container ships, 38 Registers a unique ID that is used to optimize user experience when visiting our website. The signing ceremony took place in Hainan, China, with the executives of COSCO SHIPPING, Evergreen and OOCL. CMA CGM is currently part of the “Ocean Three” alliance in cooperation with China Shipping Group and United Arab Shipping Co, a deal that expires at the end of 2016. and quality of CMA CGM’s offer. The Ocean Alliance Day Two Product will offer in total 4 loops (MEX/MEX2/MEX4/MEX5) between the Far East and the Middle East ports with competitive transit time.MEX3 & MEX4 will be merged into one loop, covering most of the ports previously offered. Simply, the This reinforced offer will start in April 2019. COSCO Shipping Lines launches Ocean Alliance 2019 service products. JOC Maritime News Container Lines Ocean Alliance. the comprehensive service offerd by the Ocean Alliance including the Transpacific The Ocean Alliance has announced changes in two Asia-Europe products, Loop 4 (LL4) and Loop 5 (LL5), in order to offer "more competitive and comprehensive services within the … While much fanfare has been made on the agreement it is notable that this is not a huge step away from the 2019 Day 3 agreement which saw similar numbers, 330 container ships, 38 services and 3.8 million TEUs. You consent to enable third parties cookies usage. 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