Title: CMA CGM, COSCO, Evergreen, and OOCL Extend Ocean Alliance Contract Until 2027, Expanding the Alliance’s Duration to 2032 – Forming Container Shipping Cartel
Nobukuni KaneyamaOn the 27th, the four companies forming the container ship cartel known as the “Ocean Alliance” – CMA CGM (France), COSCO (China), Evergreen (Taiwan), and OOCL (also from Taiwan) – announced the extension of their alliance contract until 2027, adding five more years and extending it until 2032.
