Marseille - The "Ocean Alliance" between the container shipping liners CMA CGM, COSCO, Evergreen and OOCL enters into the fourth phase of its cooperation programme. The groups' executives have signed an agreement that launches the Ocean Alliance Day 4 Product, that should further strengthen the four companies's service offer.
The new offer will start in April 2020, with more port calls, more direct links and better transit times, thus reinforcing their competitiveness. With the Day 4 Product, the customers should benefit from an optimized, ever-more tailored service offering with:
Customers will have a more comprehensive service offer on the Transpacific trade with 19 services, a stronger offer between Asia and Europe with 7 services, a larger offer between Asia and the Mediterranean with 4 services, 2 Transatlantic services linking North Europe to the East Coast of the United States and the Gulf of Mexico, 4 services between Asia and the Middle East, 2 Asia-Red Sea services.
“One year after the extension of Ocean Alliance until 2027, the launch of the Day 4 Product will enable us to further strengthen the competitiveness and quality of CMA CGM’s offer," said Rodolphe Saadé, chairman and chief executive officer of the CMA CGM Group. " With this agreement, we are pursuing the continuous improvement of our services for the benefit of our customers."
Launched in the spring of 2017, Ocean Alliance is the world’s largest operational agreement between shipping companies.