cceo

French-Far East alliance set to shape up shipping

Shipping analysts Alphaliner claim that CMA CGM is orchestrating a 'super-alliance', CCEO, that would also include COSCO (presumably the enlarged COSCOCS), Evergreen and OOCL. Alphaliner suggest that CCEO would have a combined vessel capacity of 2.5 to 3m teu, well ahead of the G6's current 1.7m teu. CCEO would also be in a position to match the 2M alliance between MSC and Maersk. If confirmed, the creation of CCEO could seriously weaken ... [+]