• Leading ocean carriers, founding members of the world’s largest shipping network, extend operational cooperation for at least 5 additional years from 2027. • Since 2017, OCEAN Alliance enables the four partners to deliver best-in-class services to their respective customers with fast transit times, competitive sailing frequencies, and the most extensive port coverage. • OCEAN Alliance, a stable, reliable and trusted partnership covering the 7 major East/West trades, mainly connecting Asia to Northern Europe, the Mediterranean, the Middle East and the East and West coasts of North America. / Chief Executive Officers of the CMA CGM Group, COSCO SHIPPING, Evergreen and OOCL signed today in Shanghai a Memorandum of Understanding to extend the OCEAN Alliance operational cooperation for five additional years until 2032. (....)