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Ocean Alliance Cooperation Extended Until 2027
Sea Freight

Ocean Alliance Cooperation Extended Until 2027

Alliance between CMA CGM, COSCO SHIPPING, Evergreen and OOCL

TLME News Service

The CMA CGM Group has announced that Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group, has signed the extension of the Ocean Alliance cooperation until 2027.

The signing ceremony took place in Hainan, China, with the executives of COSCO SHIPPING, Evergreen and OOCL.

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.

ONE & PSA Shatter Port Productivity Record

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.

This new agreement with our Asian partners will enable us to propose to our customers an unrivaled and competitive service offering. It is a milestone in our development strategy. It reinforces the CMA CGM Group in its key position within the industry.

Rodolphe Saadé, Chairman and CEO, CMA CGM Group 

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. This reinforced offer will start in April 2019.

Read More: CMA CGM Unveils Ocean Alliance Day 3 Product