You are here

French container firm forms Ocean Three alliance

Thursday, September 11, 2014 - 06:00
BT_20140911_OCEAN11_1261997.jpg
Seeking efficiency: CMA CGM forges a service sharing deal with rival firms from China and UAE

[PARIS] French container shipping group CMA CGM has sealed an alliance with two rivals after a failed attempt to partner bigger peers Maersk and Switzerland's MSC, vetoed by China earlier this year due to competition concerns. CMA CGM said on Tuesday it had agreed a service sharing alliance with