We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • INDUSTRY PRESS ROOM
  • ABOUT
  • CONTACT
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Podcast
    • Webcasts
    • Blogs
      • One-Off Sound Off
      • Global Logistics and Risk
      • Empowering Your Performance Edge
      • Analytics & Big Data
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • ProMat 2023
    • Upload Your Video
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Podcast
    • Webcasts
    • Blogs
      • One-Off Sound Off
      • Global Logistics and Risk
      • Empowering Your Performance Edge
      • Analytics & Big Data
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • ProMat 2023
    • Upload Your Video
Home » CMA CGM, China Shipping, United Arab Shipping form alliance
newsworthy

CMA CGM, China Shipping, United Arab Shipping form alliance

September 9, 2014
DC Velocity Staff
No Comments

The CMA CGM Group, the world's third largest container shipping company, said today it has formed an alliance with China Shipping Container Lines and United Arab Shipping Co. to serve the world's largest maritime markets, including service to and from North America.

The alliance, which will operate under the name of "Ocean Three," will involve a combination of vessel-sharing agreements, slot-exchange agreements, and slot-charter agreements. Slot exchanges and slot charters allow the carriers to swap and lease slots capable of handling 20-foot equivalent containers (TEUs) aboard each other's vessels.

The alliance will serve the Asia-Europe, Asia-Mediterranean, the trans-Pacific, and the Asia-U.S. East Coast trades. Asia-U.S. East Coast services will transit through the Suez Canal and the Gulf of Mexico. Agreements to serve the trans-Atlantic trade are still being finalized, French carrier CMA CGM said in the statement announcing the alliance.

The trans-Pacific service will involve four weekly service to California and one weekly service into the Pacific Northwest serving the United States and Canada, CMA CGM said.

The announcement comes nearly three months after the Chinese government rejected the so-called P3 alliance involving CMA CGM, Danish carrier Maersk Line, and Swiss carrier Mediterranean Shipping Co. (MSC), thus scuttling the agreement. In July, Maersk and MSC announced a 10-year vessel-sharing agreement.

Transportation Maritime & Ocean
KEYWORDS China Shipping Container Lines Co. Ltd. CMA CGM Maersk Line MSC United Arab Shipping Co.
    • Related Articles

      Shipping companies expand Ocean Alliance

      CMA CGM adds Baltimore to U.S. calls; launches separate service with 15 vessels

      Shipping companies expand Ocean Alliance

    Recent Articles by DC Velocity Staff

    Nearshoring trend sparks demand for logistics real estate in Mexico

    Airfreight rates in May skidded to their lowest level since March 2020

    FMCSA’s Truck Leasing Task Force to hold first meeting in July

    You must login or register in order to post a comment.

    Report Abusive Comment

    Most Popular Articles

    • Union Pacific agrees to provide more predictable schedules for union rail workers

    • Schneider National opens innovation center at Wisconsin headquarters

    • DHL Supply Chain will expand Locus Robotics fleet to 5,000 AMRs

    • Parcel carriers, shippers steer into choppy waters as a perfect storm of challenges approaches

    • Trucking companies face “modestly unfavorable” outlook heading into 2024

    Now Playing on DCV-TV

    B0d646ac 1d71 44f7 9c47 80a0858638b7

    Improve Overhead Access with Custom VRCs

    DCV-TV 4: Viewer Contributed
    Tackling high-reach storage challenges is easy with Autoquip Lifts. We offer a wide variety of design features for Vertical Reciprocating Conveyors, or VRCs, to safely transfer materials from multiple levels based on the client’s specific needs. Don’t know where to start? We can create the perfect hydraulic or...

    FEATURED WHITE PAPERS

    • How to Use Economic Uncertainty to Gain Competitive Ground with Automation

    • Exploring Customized Forklift Solutions

    • Exploring the Future of Labor Management With Capacity Planning

    • Three layers of forklift safety: Promoting operating best practices

    View More

    Subscribe to DC Velocity Magazine

    GET YOUR FREE SUBSCRIPTION
    • SUBSCRIBE
    • NEWSLETTERS
    • ADVERTISING
    • CUSTOMER CARE
    • CONTACT
    • ABOUT
    • STAFF
    • PRIVACY POLICY

    Copyright ©2023. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing