Lack of newbuildings costs OCEAN Alliance’s Asia-Europe frequency

Since the members of OCEAN Alliance (CMA CGM, COSCO Shipping Lines and Evergreen Marine Corporation) did not have many newbuildings join their fleets, nor reassign vessels from other loops, they struggled to operate their usual Asia-North Europe and Asia-Mediterranean schedules amid the Red Sea crisis.

Alphaliner’s report showed that while mainline operators should offer 8.5 departures per loop in a week, OCEAN managed just 6.3 weekly loops.

While the COSCO-operated Asia – North Europe LL1 / AEU1...

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