OOCL announces the establishment of a new alliance - April 20, 2016

Dear Valued Customer,

In our commitment to bringing best-in-class products and service networks to customers, OOCL along with CMA CGM, COSCO Container Lines, and Evergreen Line signed a Memorandum of Understanding to form a new alliance today. 

This milestone agreement sets out to offer highly competitive products with the most extensive port coverage in a global network that covers the Asia-Europe, Asia-Mediterranean, Asia-Red Sea, Asia-Middle East, Trans-Pacific, Asia-North America East Coast, and the Trans-Atlantic trades.

Participating in this new alliance is a positive and important step forward for OOCL as the company embraces growth opportunities while improving our market position with a larger and more cost effective operating network.

We are also pleased to be a part of the new alliance fleet, deploying the latest vessels in the operation to provide the efficient and reliable services that meet the needs of today’s most demanding supply chains.  
 
Subject to regulatory approvals of competent authorities, the new alliance plans to begin operations in April 2017 and there is still much preparatory work that needs to be done.

At this time, OOCL remains committed to offering reliable shipping services through the G6 Alliance where the service structure will remain stable and operate as aligned through 2016 and the first quarter of 2017.

It is our top priority that the quality services that you have come to expect from OOCL is maintained as we plan towards an orderly transition with the minimal disruption to your business and operations.

Thank you for your support of OOCL over the years.  We look forward to working more closely with you to ensure our partnership grows from strength to strength and keeping you updated on the latest alliance developments in the months ahead.