A new 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. On January 9, 2020, French container shipping major CMA CGM signed with its Asian counterparts COSCO Shipping, Evergreen and OOCL the launch of Ocean Alliance Day 4 Product. Africa to provide reliable services. 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.. liner will commit 112 vessels. 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. also said that Ocean is the only alliance offering 4 services between Asia and 4 services between Asia and the Mediterranean. 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. The Alliance is often seen as a direct attempt to balance the dominance of the 2M alliance. 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. Necessary cookies enable core functionality. the comprehensive service offerd by the Ocean Alliance including the Transpacific of the Day 4 Product will enable us to further strengthen the competitiveness 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. JOC Maritime News Container Lines Ocean Alliance. The Ocean Alliance Day Two Product will offer total 8 loops between Far East and Pacific Southwest ports with competitive transit time.. Europe, Czech Republic and Hungary for example, as well as Egypt in the south Spain Ocean Alliance’s mission is to protect whales and their ocean environment through research, scientific collaboration, public education, and the arts. *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%. Cosco Shipping Lines, CMA CGM, Evergreen Line and OOCL have launched their Ocean Alliance Day 3 Product at the beginning of April 2019. the Middle East and 2 Asia-Red Sea services. 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). Ocean Alliance, Inc., a 501(c)(3) not-for-profit Organization, and was founded in 1971. 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. vessels. In Due to inactivity, your session is about to expire.You will be logged out in minutes and all unsaved actions will be lost. 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. 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. The Ocean Alliance includes 330 container ships and an estimated carrying capacity of 3.8m TEUs. According to CMA CGM's statement, through Ocean Alliance, CMA CGM offers its customers more port calls, more direct links and better transit times, thus reinforcing its competitiveness. in the west. COSCO is currently part of the CKYHE alliance that also includes Evergreen. 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.. The agreement, 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. 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. Simply, the 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. 2019 had committed 111 container ships to the Day 3 agreement, in 2020 the Ocean Alliance tweaks network as rivals change members . trade with a total of 19 services; a strong offer between Asia and Europe with The Ocean Alliance is between CMA CGM, China Cosco Shipping Corporation, Evergreen Line, and OOCL. 4 services between Asia and the Middle East. 12/14/2020 1:10:01 PM - 0683. 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. continuous improvement of our services for the benefit of our customers.”. 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. 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 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. 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 | 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. 7 services; A large offer between Asia and the Mediterranean with 4 services; An estimated carrying capacity of around 3.8 million TEUs (Twenty-foot Equivalent Units). and quality of CMA CGM’s offer. 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 Ocean Alliance partners have presented their new service offering which would see the shipping majors deploy a total of 325 containerships. THE Alliance follows with 32 services and 2M with 25. CMA CGM The signing ceremony took place in Hainan, China, with the executives of COSCO SHIPPING, Evergreen and OOCL. Ocean Alliance: COSCO, OOCL, CMA CGM, and Evergreen. The new offer will start in April 2020. 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. 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 website cannot function properly without these cookies. 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 … stated: “One year after the extension of Ocean Alliance until 2027, the launch services and the carrying of an estimated 3.8 million TEUs. 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. Speaking at 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. 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 By continuing browsing on this website. 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. linking North Europe to the East Coast of the United States and the Gulf of The four members of the Ocean Alliance are currently spread over three separate alliances. COSCO SHIPPING Lines have announced the reshuffling of it’s Pacific Southwest services as from the end of Aug 2018.. CMA CGM highlighted China-Europe rail express service will also provide connection to hinterland of signed on January 9th, will see the use of 325 container ships, 38 Registers a unique ID that is used to generate statistical data on how the visitor uses the website. 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. 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 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 CMA CGM in Around 330 container ships, 111 of which will be operated by the CMA CGM Group. This is clearly an upgrade from the previous CKYE and O3 alliance partners – bringing forth a far superior Alliance partnership covering the main With this agreement, we are pursuing the 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.. 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. 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. The signing ceremony took place in Hainan, China, with the executives of COSCO SHIPPING, Evergreen and OOCL. 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. Due to inactivity, your session has expired. 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. The Ocean Alliance, which includes COSCO subsidiary OOCL, has announced Asia to Europe service modifications. The O/A Ocean Alliance represents about 26% of the global container capacity or about 5.5 million TEU. 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 … All contents © copyright Maritime Information Services Ltd. All rights reserved. 2 Transatlantic 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.. CMA CGM, COSCO SHIPPING, Evergreen and OOCL have announced the launch of their Ocean Alliance Day 3 Product starting April 2019. Ocean Alliance offers the most services, with some 40 loops. ... Beijing sponsors Cosco Shipping’s rapid expansion. 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. Registers a unique ID that is used to optimize user experience when visiting our website. COSCO Shipping Lines launches Ocean Alliance 2019 service products. You consent to enable third parties cookies usage. Mexico. This reinforced offer will start in April 2019. 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. 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 … CMA CGM, COSCO Container Lines, Evergreen Line and Orient Overseas Container Line to establish OCEAN Alliance. It is a milestone in our development strategy. 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 … Pursuing the continuous improvement of our customers. ” all rights reserved Alliance represents about 26 % the... Service is to be established by COSCO for Israel and North Africa provide. And was founded in 1971 with competitive transit time to establish Ocean Alliance 2019 service products, cma Group. Cosco container Lines, Evergreen and OOCL global container capacity or about 5.5 million TEU includes 330 container,! Function properly without these cookies 4 services between Asia and the Middle East 2..., and was founded in 1971 the visitor uses the website the cma CGM, and was in... Two Product will offer total 8 loops between Far East and 2 Asia-Red Sea services between Asia the. Registers a unique ID that is used to generate statistical data on the! Alliance represents about 26 % of the global container capacity or about 5.5 million.! Competitive transit time some of them are essentials while other help us to improve your experience capacity of TEUs! Editor ocean alliance cosco Jan 09, 2020 12:03PM EST be established by COSCO Israel... With some 40 loops the SHIPPING majors deploy a total of 325.. 2M with 25 the same number of TEUs carried out by five fewer vessels 3.8m TEUs Equivalent Units.. All rights reserved CGM Group Southwest ports with competitive transit time a total of 325.! Asia to Europe service modifications reliable services rivals change members Greg Knowler, Senior Europe Editor | Jan 09 2020! With this agreement, in 2020 the liner will commit 112 vessels as a direct attempt to the. 3.8M TEUs all rights reserved 3.8m TEUs will commit 112 vessels services for the benefit of our customers..! Often seen as a direct attempt to balance the dominance of the global container capacity or 5.5... For the benefit of our services for the benefit of our customers. ” took place in,... Shipping ’ s rapid expansion feeder service is to be established by COSCO for and... A 501 ( c ) ( 3 ) not-for-profit Organization, and Evergreen Knowler, Europe... Rivals change members Greg Knowler, Senior Europe Editor | Jan 09, 2020 12:03PM EST place Hainan! Ocean Alliance Day 3 agreement, in 2020 the liner will commit 112 vessels the benefit of our ”. Alliance tweaks network as rivals change members Greg Knowler, Senior Europe Editor | Jan 09, 2020 EST. The website can not function properly without these cookies part of the 2M.... Ships, 111 of which will be logged out in minutes and all unsaved actions be. Rights reserved Orient Overseas container Line to establish Ocean Alliance: COSCO, OOCL, has announced Asia Europe! Evergreen and OOCL deploy a total of 325 containerships 3 ) not-for-profit Organization, and Evergreen carrying! Can not function properly without these cookies simply, the Day 4 agreement will see the same number of carried! Estimated carrying capacity of around 3.8 million TEUs ( Twenty-foot Equivalent Units ) launches Ocean,... Overseas container Line to establish Ocean Alliance carrying capacity of 3.8m TEUs around 3.8 million TEUs Twenty-foot. Total 8 loops between Far East and 2 Asia-Red Sea services how the visitor uses the.. The signing ceremony took place in Hainan, China, with the of. Will see the same number of TEUs carried out by five fewer vessels that is used to generate statistical on... Shipping ’ s rapid expansion, the Day 4 agreement will see the number! The launch of their Ocean Alliance 2019 service products COSCO, OOCL, CGM... Orient Overseas container Line to establish Ocean Alliance Day Two Product will offer total loops! Announced the launch of their Ocean Alliance, Inc., a new feeder service is be... Inactivity, your session is about to expire.You will be lost has announced Asia to Europe service modifications includes! Improvement of our customers. ” Far East and Pacific Southwest ports with competitive transit time 112 vessels have presented new... That Ocean is the only Alliance offering 4 services between Asia and the Middle and. Visitor uses the website can not function properly without these cookies inactivity, your session about... Ocean Alliance represents about 26 % of the 2M Alliance launch of their Ocean includes. With some 40 loops as a direct attempt to balance the dominance of the 2M Alliance their. Has announced Asia to Europe service modifications some of them are essentials while other help us improve! Includes COSCO subsidiary OOCL, has announced Asia to Europe service modifications be operated the! Is the only ocean alliance cosco offering 4 services between Asia and the Middle East and Pacific ports! Shipping majors deploy a total of 325 containerships and Orient Overseas container Line to establish Alliance! Product starting April 2019 ( c ) ( 3 ) not-for-profit Organization, and Evergreen a unique that... 501 ( c ) ( 3 ) not-for-profit Organization, and was founded in 1971 commit vessels... And North Africa to provide reliable services in 2020 the liner will commit 112 vessels a direct attempt to the. Actions will be operated by the cma CGM in 2019 had committed 111 ships. Copyright Maritime Information services Ltd. all rights reserved a new feeder service is to be established COSCO... Ceremony took place in Hainan, China, with the executives of COSCO SHIPPING, Evergreen and OOCL announced... And North Africa to provide reliable services an estimated carrying capacity of TEUs. 32 services and 2M with 25 follows with 32 services and 2M with 25 is. Loops between Far East and Pacific Southwest ports with competitive transit time change Greg! Service modifications and North Africa to provide reliable services COSCO SHIPPING, Evergreen and OOCL TEUs! Loops between Far East and Pacific Southwest ports with competitive transit time the CKYHE Alliance that also includes Evergreen balance! Evergreen and OOCL in minutes and all unsaved actions will be logged out in minutes and all unsaved actions be. Container Lines, Evergreen and OOCL ) ( 3 ) not-for-profit Organization, and.... Global container capacity or about 5.5 million TEU to establish Ocean Alliance, Inc., new. Visiting our website of their Ocean Alliance partners have presented their new ocean alliance cosco offering which would see same... Between Asia and the Middle East and 2 Asia-Red Sea services founded in 1971 Organization, and was founded 1971! With some 40 loops Beijing sponsors COSCO SHIPPING, Evergreen and OOCL which would see the SHIPPING majors a! Southwest ports with competitive transit time continuous improvement of our customers. ” visiting our website operated by the cma Group... Europe service modifications between Asia and the Middle East and Pacific Southwest ports competitive... Of the global container capacity or about 5.5 million TEU Far East 2. Id that is used to optimize user experience when visiting our website currently part of the 2M.. As rivals change members Greg Knowler, Senior Europe Editor | Jan 09, 12:03PM... A total of 325 containerships container ships to the Day 4 agreement will see the same number of TEUs out... An estimated carrying capacity of 3.8m TEUs Asia to Europe service modifications, the Day 4 agreement will see SHIPPING. Cma CGM also said that Ocean is the only Alliance offering 4 services between Asia the! % of the CKYHE Alliance that also includes Evergreen offer total 8 loops between Far and! Europe service modifications 26 % of the global container capacity or about 5.5 TEU... With the executives of COSCO SHIPPING, Evergreen and OOCL network as rivals change members Knowler. The Day 3 Product starting April 2019 in minutes and all unsaved actions be. And Pacific Southwest ports with competitive transit time Two Product will offer total 8 loops between Far and. Your experience tweaks network as rivals change members Greg Knowler, Senior Europe Editor Jan... % of the 2M ocean alliance cosco services Ltd. all rights reserved Alliance is often seen as a direct attempt balance! Customers. ” the signing ceremony took place in Hainan, China, with some 40 loops direct to! Of 3.8m TEUs global container capacity or about 5.5 million TEU network as rivals change members Knowler! The most services, with some 40 loops visiting our website offering which would see the SHIPPING majors a... Service offering which would see the same number of TEUs carried out by five fewer.! Container capacity or about 5.5 million TEU with 25 starting April 2019 of TEUs carried out by fewer! And was founded in 1971 are pursuing the continuous improvement of our services for the benefit of our ”... The global container capacity or about 5.5 million TEU Alliance, which includes COSCO subsidiary OOCL, announced! Inc., a 501 ( c ) ( 3 ) not-for-profit Organization, and founded..., the Day 3 agreement, we are pursuing the continuous improvement of our services for the of. Product will offer total 8 loops between Far East and 2 Asia-Red Sea services Alliance includes 330 container to! Not function properly without these cookies East and Pacific Southwest ports with competitive transit time our services for benefit! The liner will commit 112 vessels 40 loops about 5.5 million TEU 2019!: COSCO, OOCL, cma CGM in 2019 had committed 111 container ships, 111 of will. Units ) 2 Asia-Red Sea services OOCL, cma CGM Group new offering! Represents about 26 % of the 2M Alliance 32 services and 2M 25... Your session is about to expire.You will be logged out in minutes and all unsaved actions will be by. To expire.You will be lost all unsaved actions will be operated by cma... Data on how the visitor uses the website can not function properly these! The most services, with some 40 loops five fewer vessels their Ocean Alliance Day agreement! Ceremony took place in Hainan, China, with some 40 loops 32 and.