Members of the Ocean Alliance — the CMA CGM Group, COSCO Shipping, Evergreen and OOCL — have launched a new service meant to help address supply chain disruptions caused by the ongoing attacks to vessels in the Red Sea.

The OCEAN Alliance “DAY 8 Product” was also launched following the renewal of the shipping partnership for another five years, starting in April 2024.

“Due to the unstable situation in the Red Sea, ships must be routed through the Cape of Good Hope, disrupting supply chains. CMA CGM and its partners are stepping up coordination and adapting the rotations of the DAY 8 Product,” the announcement said.

“This will maintain the same high standards of visibility, reliability, and punctuality, which are the strengths of the OCEAN Alliance,” it added. 

The statement noted that the renewal of the OCEAN Alliancewill see the deployment of 321 container ships, including 119 vessels for the CMA CGM Group, 35 services on the world's most important trades, and a total capacity of approximately 4.5 million TEUs (Twenty Foot Equivalent). 

Meanwhile, the OCEAN Alliance “DAY 8 Product” will offer CMA CGM customers a set of optimized solutions to transport their goods, in particular to and from Asia, including: 6 services between Asia and Northern Europe; 4 services between Asia and the Mediterranean; 20 transpacific services; 2 transatlantic services connecting Northern Europe to North American ports; 3 services between Asia and the ports of the Persian Gulf; while 2 services connecting Asia to the Red Sea are suspended until further notice.

The launch of this “DAY 8 Product” comes a few days after the leaders of the CMA CGM Group, COSCO SHIPPING, Evergreen, and OOCL, announced the extension of OCEAN Alliance for another five years until 2032. 

Launched in the spring of 2017, OCEAN Alliance is the world’s largest operational shipping network.