Monday , 23 September 2019
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Ocean Alliance announces proposed network

The new Ocean Alliance has announced the proposed network it plans to deploy once its operations start in April next year.

The Day One Product document, which was signed by the alliance’s members COSCO Container Lines, CMA CGM, Evergreen Line and Orient Overseas Container Line (OOCL), sets out the network and includes port rotation for each service loop.

Approximately 350 container vessels are planned to be deployed by the network, with a total carrying capacity of around 3.5m teu.

CMA CGM will have the largest share among the partners, deploying a fleet of 119 ships with a 35% capacity share.

The alliance’s members will operate a total of 40 services on the East-West trades with about 100 ports of call and nearly 500 port pairs.

The network consists of 20 transpacific services, including 13 Asia – West Coast North America ones; six Asia-Europe services; three transatlantic services; five Asia-Middle East services and two Asia-Red Sea services.

The Transpacific trade features 145 weekly calls and 52 ports, while the Transatlantic trade 34 weekly calls and 21 ports.

On the Asia – Northern Europe trade, there will be 79 weekly calls and 31 ports, while the Asia – Mediterranean trade will feature four loops with 67 weekly calls and 33 ports.

On the Asia – Red Sea trade there will be 21 weekly calls and 12 ports, while there will be 55 weekly calls and 25 ports on the Asia-Middle East trade.

According a statement, details on ship deployment for each loop will be released around the end of November this year.

Rodolphe Saadé, vice-chairman of the CMA CGM Group, said: “Ocean Alliance is the largest operational agreement ever made between shipping companies. With more than 40 maritime services, we will be sharing our fleet with the largest Asian shipping companies.”

The new Ocean Alliance was recently approved by both the US Federal Maritime Commission and South Korea’s Ministry of Oceans and Fisheries.

The alliance also filed the Master agreement (Alliance agreement) to the Ministry of Transport of the People’s Republic of China and successfully completed its EU self-assessment compliance review.

The carriers said in a joint statement: “Moving forward, the Ocean Alliance will continue to work closely with all the authorities to ensure full compliance with applicable laws and regulations and secure the necessary regulatory approvals for the Ocean Alliance to commence operations from April 1, 2017.”