Ocean Alliance

The Ocean Alliance brings together the recently formed China Cosco Shipping, with Evergreen Line, CMA CGM, and OOCL in a vessel- and slot-sharing agreement. The formation of this alliance means that the members of the other major alliances, the G6, CKYHE, and Ocean Three, will need to form new VSAs with different carriers, creating another level of uncertainty in the shipping industry.
07 Aug 2017
OOCL in first half profit turnaround as volumes and higher rates push up revenue.
31 Jul 2017
The most reliable carrier in the quarter was Wan Hai.
28 Jul 2017
The double-digit second-quarter volume and revenue growth will come as good news to OOCL’s prospective new owner, China Cosco Shipping Holdings.
26 Jul 2017
Carriers large and small battle for market share and profits in the Pacific.
25 Jul 2017
Shares of Cosco Shipping have finally begun trading again in Shanghai after being suspended since May.
17 Jul 2017
A 13,200 TEU vessel that is the largest ever to enter the Port of New York and the US East Coast passed under the newly-elevated Bayonne Bridge Monday afternoon.
10 Jul 2017
“There aren’t many other takeover candidates left on the shelf.”
09 Jul 2017
The deal maintains the Hong Kong carrier’s brand and marks a new chapter in the ongoing industry consolidation
06 Jul 2017
Better freight rates and strongly growing volume will see Cosco Shipping posting a solid profit in the first half.
06 Jul 2017
The new CMA CGM call will be part of the carrier’s north-south Cagema service.
06 Jul 2017
“We see lots of changes in terms of networks and ports of call and there is some impact on rates.”
05 Jul 2017
The move follows on the heels of rival Maersk Line revamping its India-Africa service network.