Recombinant birth Ocean ocean shipping alliances change in the situation the first shot

  • Date: Apr 27, 2016
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  • Categories: News

Mergers and acquisitions in the maritime industry has been gradually breaking old patterns, especially looser shipping alliance, under the new pattern of always facing the fate of being broken reassembled. April 20, China Ocean (601,919, stock it) Shipping Group (hereinafter referred to as ocean shipping) owned by COSCO and the French CMA CGM, Taiwan’s Evergreen Marine and Hong Kong’s Orient Overseas signed a memorandum of cooperation, declaring One brand new shipping alliance soon born.

Mergers and acquisitions in the maritime industry has been gradually breaking old patterns, especially looser shipping alliance, under the new pattern of always facing the fate of being broken reassembled. April 20, China Ocean Shipping Group (hereinafter referred to as ocean shipping) owned by COSCON and France to fly vessels, Evergreen Marine of Taiwan and Hong Kong Orient Overseas signed a memorandum of cooperation, declaring a new shipping One alliance will soon be born.

This is named OCEAN Alliance coalition on April 21 was officially declared officially called the Ocean Alliance, ocean shipping according to deputy general manager Huang Xiaowen said that this name O One representative of OOCL (Orient Overseas); C on behalf of China COSCO Container lines ( COSCO shipping Container) and CMA CGM (CMA CGM) double meaning; E on behalf of Evergreen (Evergreen); a is the English Allince (Union) section one letter, Yi Jia also stressed that the Union also represents the APL (American President ships); N represents the new (a new pattern, a new coalition).

Huang Xiaowen said ocean shipping for partners to select the primary consideration is the business philosophy of “like-minded”, then there are the size, the ocean League One will be a global alliance. Participation Ocean Alliance CMA CGM is the world’s third largest shipping companies, in accordance with the scale of view Evergreen, OOCL and COSCON ranking 3,4,5,9 bit, respectively, and several joint clearly has great capacity in Advantage.

The new alliance plans to start the second quarter of next year investment 350TEU capacity in Northern Europe, the Pacific (601,099, stock it), Atlantic (600558, stock it), the Mediterranean and the Persian Gulf and other regions began to run. Ocean Alliance will follow the European Union, the United States and China and other aspects of the regulatory agencies require declaration formalities, once completed filing One can officially start full operation, which will last for at least five years of cooperation One.

Deputy general manager of COSCO Cargo Zhu Jiandong said the new alliance will be put into operation in April next year, will invest 350 vessels, according to the new alliance if the existing control capacity, orders in the future to build capacity and capacity point of view, the total investment capacity will reached 6.6 million TEU. “The future will be in the capacity to serve in the eight regional thing trunk, etc. The future will achieve the goal of balancing these things on north-south routes, on more than 40 routes to provide customers with more choices of services and improve global services. “Zhu Jiandong representation.

Zhidezhuyi, if put into operation as planned marine league, will be more than Maersk Line and Mediterranean ship formation of 2M Union. July 2014 put into operation with a total capacity of 2M Union more than 2 million TEU, the fleet reached 185, involving 21 routes, is the world’s largest shipping alliance. Including two Chinese giants merge, and CMA CGM acquired NOL Singapore, and Germany Heboluote is exploring “various potential joint venture details” and UASC shipping industry recently big moves frequently.

One impact of this change on the shipping alliance brings predictable.

Ocean maritime transport who told this reporter that the current situation is not the final version of the alliance, each alliance members are likely to change, so now compare the size and capacity of no significance.

In the meeting held on the performance of China COSCO end of March, Vice President of China COSCO Wang Haimin said: “The alliance is mainly to enhance the coverage and globalization, reduce costs, rather than to other unions.”

Source: China Times

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