South Korean ocean carrier HMM and French logistics firm CEVA Logistics have signed an agreement which is expected to strengthen and expand relations between the two companies, increasing the level of collaboration.

The multi-year deal, which lasts into 2025, builds on the two parties existing relationship and brings CEVA’s strategic ocean partner network to 14 global and regional carriers.

Read More: HMM aims to boost TEU capacity by nearly 400,000 TEU with an investment of US$11.4 bn

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,” commented Stephane Gautrais, global head of ocean freight at CEVA Logistics.

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

Source: Container News


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