CMA CGM forms partnership with Lotte Global Logistics.

Quick Summary:

Shipping alliances are agreements among global shipping companies to share vessels and routes, enabling joint service operations.

South Korea's Lotte Global Logistics announced on Monday that it partnered with the France-based world's third-largest shipping company CMA CGM.

The two companies signed a memorandum of understanding (MOU) to provide competitive ocean freight and vessel space management.

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Article Details

Category: Economy

Markets: South KoreaFrance

Topics: Lotte Cookies Provide Includes Shipping Ocean Global Companies Service Alliance Korea

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-04-29 @ 11:08:16 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 109 words

Reading Time: 1 minutes read

Sentences: 13 lines

Sentence Length: 9 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Korea Economic Daily

News ID: 20815908

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About Korea Economic Daily

Main Topics: Economy

Official Website: kedglobal.com

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