CEVA Logistics has signed an agreement with South Korean shipping company HMM to connect more shippers with ocean capacity.
The agreement will remain in place until 2025, bringing Ceva’s network of ocean partners to 14 global and regional carriers.
Ceva and HMM already had a relationship, however the new deal expands the partnership as both companies have agreed to increase the level of collaboration.
Stephane Gautrais, Ceva Logistics’ global head of ocean freight, said the company’s position as an independent non-vessel operating common carrier depends on strong relationships with ocean carriers.
“Despite challenging market conditions, HMM has proven to be a strong, reliable partner over the last several years, Mr Gautrais said.
“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.”
And Jeremy Choi, HMM’s chief global trade management, said Ceva Logistics is a long-term and important customer of the shipping company.
“We cherish the strategic relation and business collaboration having been built up for many years,” Mr Choic said.
“Based on this agreement, we anticipate both companies create and provide more workable and productive solutions together to the market customers in need.”
Ceva said it manages full-container load and less-than-container load shipments to and from 237 countries.
In 2021, the logistics company reportedly managed around 1.4 million TEU of FCL and LCL ocean cargo.
