CMA CGM, COSCO Shipping Lines, Evergreen Line and OOCL extend Ocean Alliance cooperation until 2032
According to media reports, on February 27, CMA CGM, a subsidiary of Ocean Alliance,Four companies, COSCO Shipping Lines, Evergreen Shipping and Orient Overseas, signed a memorandum of understanding in Shanghai to extend the cooperation period of the Ocean Alliance for five years to 2032.
Founded in the spring of 2017, Ocean Alliance operates the world's largest international trade trunk shipping network. Relying on the most powerful network in the industry, Ocean Alliance provides customers with flexible and innovative solutions.Since 2017 , the four cooperative members have provided first-class services to their respective customers through the Ocean Alliance. Service advantages include: short transit times, competitive sailing frequencies and the most comprehensive port network coverage.

Rudolf Saade, Chairman and CEO of CMA CGMRodolphe Saadé said: “Since 2017, the CMA CGM Group and members of the Ocean Alliance have worked together to build the largest shipping network with first-class services. By extending the cooperation period for at least 5 years, we are more determined to provide customers with better services. philosophy, and continue to be committed to building a safer, more reliable and sustainable supply chain. We will give full play to our diversified advantages, work together, and continue to lead the development of the industry."At the same time, CMA CGM said that in order to achieve the goal of "achieving net zero emissions by 2050", the company is committed to adopting the best solutions currently available to reduce the environmental impact of its shipping and logistics operations, and plans to , operating more than 120 ships using green alternative fuelsas powered container ships, some of which are currently deployed to the Ocean Alliance network.Through this extension of the cooperation period, Ocean Alliance will continue to pursue its main goal: to continue to provide optimal services to alliance member customers in the future.