News / Ocean Alliance carriers kill 'defector' rumours with extension to 2032

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The Ocean Alliance east-west liner services vessel-sharing agreement between CMA CGM, Cosco, OOCL and Evergreen, has been extended until 31 March 2032.

The announcement ended weeks of industry chatter that one of the partners would “jump ship” to join the THE Alliance after Hapag-Lloyd leaves next year.

Ocean line CEOs signed a memorandum of understanding in Shanghai today, designed to end speculation of a new ’alliance merry-go-round’ which followed last month’s shock announcement by Hapag-Lloyd of its resignation from THEA to team ...