Photo Source: CMA-CGM.com

Some of the world’s largest carriers will be joining together in an agreement called the “Ocean Alliance.”  Carriers include CMA CGM, COSCO Container Lines, Evergreen Line and Orient Overseas Container Line (OOCL).

American Shipper’s Chris Dupin states,

The carriers said the vessel sharing alliance will enable each of them “to offer competitive products and comprehensive service networks covering the Asia-Europe, Asia-Mediterranean, Asia-Red Sea, Asia-Middle East, Trans-Pacific, Asia-North America East Coast and Trans-Atlantic trades.

This new partnership will allow each of its members to bring significantly improved services to its respective customers,” member carriers said in similar statement. “Shippers will have an attractive selection of frequent departures and direct calls to meet their supply chain needs, including access to a vast network with the largest number of sailings and port rotations connecting markets in Asia, Europe and the United States.

The Alliance will also bring service reliability and the most efficient integration of the latest vessels in a fleet of over 350 containerships. Initially the deployment will cover more than 40 services globally mostly connected with Asia, including about 20 services each in the U.S. and Europe related trades.

Carriers of the “Ocean Alliance” hope to implement this plan in April of 2017.   The Ocean Alliance members’ biggest competitor will be the 2M alliance between Maersk Line and Mediterranean Shipping Co, which are actually the top 2 largest container carriers in the world.

Scarbrough has contracts and agreements in place with these carriers plus more. If you would like to learn more about how the agreement may improve your supply chain, contact info@scarbrough-intl.com.