The members of the OCEAN ALLIANCE, COSCO Container Lines, CMA CGM, Evergreen Line and OOCL, 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.
The Day One network intends to deploy around 350 container vessels with an estimated total carrying capacity of 3.5 million TEUs to provide one of the most comprehensive service coverage in the market on the following trade lanes. The vessel deployment details for each service loop will be released around the end of November 2016.
20 Transpacific services (estimated 160 port pairs, with 13 Asia – West Coast North America services, 7 Asia – East Coast North America and U.S. Gulf services)
6 Asia – Europe services (estimated 110 port pairs)
5 Asia – Mediterranean services (estimated 165 port pairs)
3 Transatlantic services (estimated 70 port pairs)
5 Asia – Middle East services (estimated 70 port pairs)
2 Asia – Red Sea services (estimated 35 port pairs)
“The signing of the Day One Product marks an important step forward to show just how committed we are in developing the most competitive products to market and the high level of synergy and confidence we share in the partnership,” member carriers said in a statement.