The CMA CGM Group has announced that Mr Rodolphe Saadé, its Chairman and Chief Executive Officer, last week 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.
On the occasion of his visit to China, Mr Saadé also signed with his partners the launch of Ocean Alliance Day 3 Product. This reinforced offer will start in April 2019.
