Four leading ocean carriers, CMA CGM, COSCO SHIPPING, Evergreen, and OOCL, founding members of the world’s largest shipping network, have decided to extend their operational cooperation for at least five additional years from 2027. This announcement was made by the OCEAN Alliance, which comprises these four partners who have been working together since 2017.
The OCEAN Alliance was formed to enable the four partners to deliver best-in-class services to their customers with fast transit times, competitive sailing frequencies, and the most extensive port coverage. The partnership covers the seven major East/West trades, mainly connecting Asia to Northern Europe, the Mediterranean, the Middle East, and North America’s East and West coasts.
This alliance has been a stable, reliable, and trusted partnership since its inception. It offers customers a range of benefits, including competitive pricing, faster transit times, and access to a wider network of ports. The partners have been able to leverage their respective strengths to provide customers with an unparalleled value proposition in the industry.
The decision to extend the operational cooperation for at least five additional years is a testament to the partnership’s success. Customers can continue to enjoy this alliance’s benefits for many years. The OCEAN Alliance is committed to maintaining its position as a leading ocean transportation provider and will continue exploring opportunities to expand its network and improve its services.
Overall, this announcement is good news for the shipping industry and customers who rely on these carriers, CMA CGM, COSCO SHIPPING, Evergreen, and OOCL, to transport their goods worldwide. The OCEAN Alliance has proven to be a reliable and trusted partner, and customers can continue to rely on it to provide the best possible service.
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