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Timetable set for new Ocean Alliance

Evergreen and Cosco will not switch alliances until the end of March next year. The pair are set to join OOCL and CMA CGM in a new alliance, called the Ocean Alliance, a amove that will shred almost all existing container grouping agreements.

In a release today the members of the CKYHE Alliance – which comprises Cosco, K Line, Yang Ming, Hanjin and Evergreen – outlined changes to calls from Asia to the US East Coast. More importantly, the grouping said the current cooperation would last until the end of March next year.

OOCL will exit the G6 Alliance come next year, while CMA CGM will back out of the O3 alliance in order to form this new group. APL, which is being bought out by CMA CGM, will likely join the Ocean Alliance too.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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