The cooperation of steamship lines continue and further develops as we can read here below in a circular of UASC:
Dear Valued Client
UASC has regularly engaged in discussions with key industry players to strengthen cooperation and explore new and enhanced service patterns. We are pleased to announce that UASC, CSCL and CMA CGM have entered a new agreements of cooperation. The new agreement will be known as “Ocean Three”. UASC/CSCL/CMA-CGM are leading liner shipping companies operating together across three of the world’s oceans; the Atlantic, the Indian, and the Pacific Ocean.
Our initiative to join Ocean Three is another step forward toward our long term vision of increasing our efficiencies and enhancing our current scale and scope of services. In the future UASC will cover a number of new corridors (Asia-Adriatic, Asia-Black Sea) and various new direct port calls in North Europe and North America. We anticipate Ocean Three services to provide competitive transit times, increased frequency and greater accessibility and reliability.
We opine that our revised and expanded new product offerings will allow both UASC and your organization to expand our global reach by entering new markets.
Ocean Three cooperation is expected to be implemented towards the end of 2014.
Thank you for your continuous support.