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News / New challenges for mega groups as Ocean Alliance prepares for launch

© Mohamed Ahmed Soliman
© Mohamed Ahmed Soliman
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Ocean carriers CMA CGM, COSCO Container Lines, Evergreen and OOCL have signed a Memorandum of Understanding to form a new mega-alliance designed to challenge Maersk Line and MSC’s 2M grouping on east-west trades.

Dubbed the Ocean Alliance, the proposed grouping would bring the world’s 3rd, 4th, ...

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