CMA CGM and Cosco sign port partnership ahead of Ocean Alliance launch

This intriguing new phase of terminal alliances appears to be gathering steam rather quickly. Drewry’s Neil Davidson has been talking about it for a number of months, and the recent deal signed between two Miami operators is a first example. But the memorandum of understanding signed between CMA CGM’s Terminal Holding and Cosco Shipping Ports (as the unit formerly known as Cocos Pacific has been renamed) could well be paradigm-forming, given the obvious synergies from two alliance partners teaming. Although ...