CMA CGM joins to the world’s largest operational agreement extention
The CMA CGM Group, a worldwide leading shipping group, is pleased to announce that Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group, signed the extension of the Ocean Alliance cooperation until 2027. The signing ceremony took place in Hainan, China, with the executives of COSCO SHIPPING, Evergreen and OOCL.
Launched in 2017 for an initial period of five years with an option for a five-year renewal, Ocean Alliance is the world’s largest operational agreement between shipping companies. The confirmation of the 10-year duration of this partnership only two years after its launch reflects the trust and high-quality working relationship established between CMA CGM and its partners within Ocean Alliance, to the benefit of the CMA CGM Group’s customers.
Ocean Alliance Day 3 Product – Key Figures
Around 330 container ships, 111 of which will be operated by the CMA CGM Group,
An estimated carrying capacity of around 3.8 million TEUs (Twenty-foot Equivalent Units),
19 Transpacific services,
7 services between Asia and Europe,
4 services between Asia and the Mediterranean,
2 Transatlantic services,
4 services between Asia and the Middle East,
2 Asia-Red Sea services.