Ocean Alliance

Coronavirus to cost China ports 6 million TEU in Q1: analyst
05 Feb 2020
The first real estimate of the impact the coronavirus will have on China’s container supply chain has been made, and it is significant.
Ocean Alliance tweaks network as rivals change members
09 Jan 2020
The first of the global container carrier alliances has announced its 2020 schedule, with the other two groupings due to reveal their networks soon.
Blank sailings mount on slumping Asia-Europe trade
15 Oct 2019
The number of blanked sailings is growing on the Asia-Europe trades as carriers sit becalmed in the slack season with no clear idea of whether to expect a pre-Chinese New Year rush.
19 Aug 2019
Carrier market share in the trans-Pacific is not expected to change much in the next few months, in part because carriers will manage capacity by blanking individual sailings and deploying extra-loader vessels to handle import surges.
2M keeps Asia-Europe sailings while rivals cut
24 Jul 2019
The 2M Alliance is holding off on blanking sailings while rival alliances slash capacity through July and August in a bid to shore up slumping rates.
Asia-Europe rate push fails ahead of capacity cuts
05 Jul 2019
Expectations of slowing demand on the Asia-Europe trade have left the market with little inclination to accept carrier rate increases.
Zim, 2M deepen pact with new Asia-Gulf services
03 Jul 2019
Amid rising Asian imports into the Gulf Coast, two new services linking the regions that Zim Integrated Shipping Services will launch in August are expected to increase the cargo moved by the carrier with the 2M Alliance, strengthening the relationship as 2M prepares to lose market share due to the departure of HMM.
Peak season capacity slashed on Asia-Europe
03 Jul 2019
Another round of blank sailings has been announced, this time by the Ocean Alliance, as carriers sail into a decidedly uncertain peak season shipping period.
Carriers signal blank sailing restraint
29 May 2019
The Ocean Alliance’s announcement of three blank sailings in June puts carriers and BCOs on alert that additional cancellations are likely if shipments from China continue to drop in the coming months.
Trans-Pacific carriers begin blanking sailings
22 May 2019
The Ocean Alliance will skip two Asia-US West Coast sailings in June in an effort to maintain rates as the US-China trade war takes a toll on volume.
01 May 2019
Container carrier schedule reliability in the eastbound trans-Pacific has bounced back from record lows in early 2019 but still lags global on-time performance by quite a bit.
A CMA CGM container ship.
22 Aug 2018
Sailing withdrawal announcements on trades between Asia, North Europe, and the Mediterranean are beginning to flow in for the slow season, as ocean carriers implement actions to rebound from first-half losses. Left unresolved, however, is whether carriers will cut capacity like they did on the trans-Pacific during the US ocean peak season.
05 Mar 2018
CMA CGM wants “to be more than a price tag” and to that end will roll out insurance, trade finance, and technology and digitization efforts to make the carrier more responsive to shipper needs.
26 Jan 2018
Hong Kong-listed OOCL, soon to be part of Cosco, reported a massive increase in container volume and revenue for 2017.
06 Dec 2017
The Cosco-OOIL deal took another giant step towards becoming the world's largest carrier in total liftings when it received approval for the takeover from the European Commission.
30 Nov 2017
The merger will create a European-wide transportation company with 18 services.
28 Nov 2017
Independent container lines increased their combined market share as well as their total volume of imports in the third quarter.
01 Nov 2017
Cosco Shipping is heading for the world's number three container line position, with its rapid expansion boosted by the Chinese government.
30 Oct 2017
The proceeds of a share sale will be used by Cosco Shipping to fund the construction of 20 new container ships, 11 of them in excess of 20,000 TEU.
20 Oct 2017
The Cosco-OOCL takeover and the merger of Japan's three carriers into ONE show two very different approaches to M&A.
16 Oct 2017
Offering the right solutions and not the lowest price will be the way carriers can differentiate themselves, believes the APL CEO.
11 Oct 2017
French liner giant CMA CGM sits on both sides of the fence at the Kingston Freeport Container Terminal.
14 Sep 2017
US maritime regulators on Thursday voted to allow ocean carrier members of THE Alliance to form an emergency fund.
12 Sep 2017
Shippers are seeing little improvement in service levels from the new container shipping alliances.
12 Sep 2017
The five largest carriers in the US import and export trades continue to tighten their grip on the container shipping market.
07 Sep 2017
The announcement marks a significant escalation in the size of the ships stopping at the Port of New York and New Jersey.
05 Sep 2017
The significant number of mega-ships set to enter Asia-North Europe by the end of 2018 has resulted in capacity upgrates on many services on the trade.
30 Aug 2017
Houston and several other Texas and Louisiana ports hope to restart operations by Labor Day.
29 Aug 2017
Carriers have announced blanked sailings in the weeks that cover China's October holidays with demand expected to fall off.
23 Aug 2017
CMA CGM has signaled its intent to order nine 22,000 ships that, if delivered before 2019, will add to the huge amount of mega-ship capacity coming in to the Asia-Europe trade.
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.