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.

Webcasts

Trucking Market: First Quarter Review & Outlook
Apr 18, 2019 2:00PM EDT
Mar 14, 2019 2:00PM EDT
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.
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.
02 Jun 2017
China's largest carrier, Cosco Shipping, continues to give only the vaguest of reasons for its suspension of share trading on the Shanghai exchange.
26 May 2017
The opening of the elevated Bayonne Bridge in June is likely to bring change.
25 May 2017
Inland barges are facing long delays at the Rotterdam World Gateway Terminal.
23 May 2017
Shippers using CMA CGM on the North Europe-Middle East-India trade will face a container booking cancellation fee from June 1.
22 May 2017
Such a move already has support on Capitol Hill, where lawmakers have been weighing options to strengthen Federal Maritime Commission safeguards against collusion among carriers in the world’s three major VSAs.
19 May 2017
CMA CGM returned to the black in the first quarter.
18 May 2017
Roughly $4.6 billion is needed at East and Gulf coast ports to remedy pinch points in harbor infrastructure.
15 May 2017
Taiwan’s top three carriers — Evergreen Marine Corp., Wan Hai Lines, and Yang Ming — have posted their first-quarter financial results.
11 May 2017
US East Coast ports are reporting a few of the operational hiccups their West Coast counterparts experienced via the new and enhanced global shipping alliances.
10 May 2017
If there was any sign of foul play, “we’d investigate,” the Federal Maritime Commission acting chairman Michael Khouri said at a Senate subcommittee hearing on Tuesday.
03 May 2017
Legislators said their interest in the area has been piqued by a broader inquiry into possible collusion among carriers in the world’s three major vessel-sharing agreements.
28 Apr 2017
The House of Representatives — and soon the Senate, sources say — will hear the concerns of domestic tugboat operators.
28 Apr 2017
It has been a good first quarter for OOCL with solid increases in revenue and volumes on the east-west trades. Business appears to be looking up for Hong Kong's OOCL.
25 Apr 2017
Although the alliance changes that reshuffled carrier alliances from four to three took effect April 1, the impact is only slowly emerging on routes across the globe.
25 Apr 2017
There are signs potential negative effects of the new alliances on transshipment and tariffs may be overstated, according to the CEO of HPH Trust.
25 Apr 2017
There is not yet any resolution to the Shanghai congestion, but vessel berthing delays are showing a slight improvement.
21 Apr 2017
The prospect of cargo being rolled at Shanghai's choked Yangshan terminals has been raised by forwarder Kuehne + Nagel.
20 Apr 2017
More information is beginning to come in on the mounting vessel delays at Shanghai's Yangshan port.
19 Apr 2017
Poor conditions are exacerbating the challenges brought about by the new alliances at the port of Yangshan off the coast of Shanghai.
10 Apr 2017
It has been a rare sight recently, but Cosco Shipping has issued a positive profit alert for the first quarter after seeing increasing volumes and rising rates.
10 Apr 2017
Jakarta and the US West Coast have been linked by a new direct service offered by the Ocean Alliance and operated by CMA CGM.
31 Mar 2017
West Coast spot rates reverse 10-week decline since Chinese New Year.
30 Mar 2017
In just two days, shippers will be dealing with a totally changed container shipping landscape as the global carriers roll out their new alliances.
29 Mar 2017
Fostering cooperation among supply-chain sectors is the main challenge LA-LB faces in handling the new alliances.
28 Mar 2017
CMA CGM said the terminal has achieved an average gross berth productivity of more than 160 moves per hour.
22 Mar 2017
A smooth rollout is not expected.
21 Mar 2017
“Shippers along these routes will get the best transit times, most competition, and cheapest rates. The reverse will be true for niche shippers.”