Alliance Consolidation Continues: CMA CGM signs “Ocean Three” agreements with CSCL and UASC
July 2, 2019
      Two months after Maersk Line and Mediterranean Shipping Co. joined forces to form the 2M vessel-sharing agreement, following the denial of regulatory approval for the proposed P3 Network due to antitrust concerns, the last of the former three P3 members—French carrier CMA CGM—has moved on as well. CMA CGM announced Sept. 9 that it has signed three agreements with CSCL and UASC, dubbed the “Ocean Three,” on the Asia-Europe, transpacific and transatlantic trades. Expected to start in 2015, contingent upon approvals from relevant regulatory authorities, Ocean Three will include 17 services in the Asia-Europe/Mediterranean and Asia-North America trade routes. Plans for the transatlantic trade are in the works, though they have yet to be finalized and announced. A new report from the BlueWater Reporting Research team takes a detailed look at the current service networks of the proposed Ocean Three members CMA CGM, CSCL, and UASC, and analyzes the impact that they could possibly have on market share in these important east-west trades. The report, Alliance Consolidation Continues: CMA CGM signs “Ocean Three” agreements with CSCL and UASC, includes charts and pivot tables sent within Excel workbook and containing all source data for CMA CGM, CSCL, and UASC’s service details, giving readers unrivaled access and insight into the data itself.
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