Drewry: Ocean Three to become Ocean Four

Shipping consultants, Drewry, have joined a growing number of industry voices who believe that German shipping line, Hamburg Süd, will become part of the Ocean Three alliance.

“It now only seems a matter of time before these carriers make the formal announcement that Hamburg Süd is to become a fully-fledged member of Ocean Three, or Ocean Four as it will presumably have to be re-named,” stated Drewry in its weekly container publication.

The analysts cited examples of cooperation between Hamburg Süd and the Ocean Three, which comprises of CMA CGM, United Arab Shipping Company (UASC) and China Shipping Container Lines (CSCL), on eight separate trade routes.