HMM and CEVA Logistics signed a strategic cooperation agreement

A container ship of HMM (Photo: Vessel Finder)

Korean shipping company HMM and French company CEVA Logistics have signed an agreement that is expected to strengthen and expand the relationship between the two companies, improving the level of cooperation.

The multi-year agreement, which runs until 2025, builds on the two sides' existing relationship and brings CEVA's network of strategic maritime partners to 14 global and regional carriers.

“Despite challenging market conditions, HMM has proven to be a strong, reliable partner over the last several years, and this agreement solidifies and expands what we expect to be a long-term, strategic relationship that will enable us to make vital connections in global commerce in service to our ocean cargo customers," said Stephane Gautrais, global head of ocean freight at ​​CEVA Logistics.

Jeremy Choi, HMM's chief global trade management said, “Based on this agreement, we anticipate both companies create and provide more workable and productive solutions together to the market customers in need.”

See more:

• Shipping lines continue to reap record profits, HMM achieved a profit of USD 4.6 billion in H1 2022
• HMM to invest $7.64 billion in ships, ports and logistics facilities
• HMM, SM Line and Pan Ocean launch first service under K-Alliance

Source: Phaata.com (According to ContainerNews)

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