The CMA CGM Group has announced that Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group, signed the extension of the Ocean Alliance cooperation until 2027. The signing ceremony took place in Hainan, China, with the executives of COSCO SHIPPING, Evergreen and OOCL.
Launched in 2017 for an initial period of five years with an option for a five-year renewal, Ocean Alliance is the world’s largest operational agreement between shipping companies. The confirmation of the 10-year duration of this partnership only two years after its launch reflects the trust and high-quality working relationship established between CMA CGM and its partners within Ocean Alliance.
Rodolphe Saadé also signed with his partners the launch of Ocean Alliance Day 3 Product, CMA CGM’s new service offering, which will start in April 2019.
Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group, stated: “This new agreement with our Asian partners will enable us to propose to our customers an unrivalled and competitive service offering. It is a milestone in our development strategy. It reinforces the CMA CGM Group in its key position within the industry.”
Source: CMA-CGM
