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News ID: 64660 |
Publish Date: 16:25 - 24 April 2016

Four Top Container Lines to Cooperate

CMA CGM, COSCO Container Lines, Evergreen Line and Orient Overseas Container Line have announced an alliance to create a collaborative global service network.

Four Top Container Lines to CooperateThe proposed routes would cover the Asia-Europe, Asia-Mediterranean, Asia-Red Sea, Asia-Middle East, Trans-Pacific, Asia-North America East Coast, and Trans-Atlantic trades.
The alliance will result in a fleet of over 350 containerships.
The new alliance plans to begin operations in April 2017 but is subject to regulatory approvals from relevant authorities. The initial period of the alliance will be five years.
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