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.

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.
10 Jul 2017
“There aren’t many other takeover candidates left on the shelf.”
An OOCL ship.
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.
03 Jul 2017
French line CMA CGM has offloaded most of its stake in its LA terminal for almost $1 billion.
01 Jul 2017
APL has added to its trans-Pacific network with a new and direct North Asia-Hawaii service.
21 Jun 2017
Rumors surrounding a Cosco-OOCL tie-up refuse to go away.
20 Jun 2017
Total US business logistics costs dropped in 2016 for the first time in seven years, the 2017 State of Logistics Report says. Are they poised to bounce back?
13 Jun 2017
French carrier CMA CGM declared Tuesday that it will buy Brazilian flag carrier Mercosul Line from Maersk Line.
09 Jun 2017
US lawmakers have introduced legislation that would expand the powers and the purse strings of the FMC to “oversee and intervene” on behalf of port service providers.