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Tuesday, 27/02/2024, 15:00 (GMT +7)

142

COSCO and partners extend OCEAN Alliance for another 5 years

The executives of COSCO, CMA CGM, Evergreen and OOCL signed a Memorandum of Understanding to extend the OCEAN Alliance until 2032.

COSCO and partners extend OCEAN Alliance for another 5 years

COSCO SHIPPING announced that the OCEAN Alliance signed documents on February 27, 2024 to agree to extend the OCEAN Alliance for another five years, until March 31, 2032.

COSCO added in its press release: “Since April 2017, OCEAN Alliance has provided high-quality products with more frequency and coverage to meet the requirements of customers to cope with the increasing global trade development. OCEAN Alliance partners continue to serve our respective customers to earn a reputation for providing high-quality services in the market.

OCEAN Alliance would like to deliver a clear and positive signal to our customers to ensure stable and reliable service by extending the cooperation for at least five years. We are convinced that as a sustainable alliance, we can provide continuous high-quality transportation to our customers and contribute to a stable supply chain, in compliance with all applicable laws and regulations.”

 

Source: Phaata.com (via WorldCargo news) 

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