CIMC Logistics and Delfin Group inked strategy investment agreement to develop shipping service for Latin America routes. 

The two parties are planning to provide logistics services for nearly 200,000 teu containers between China,Southeast Asia and major ports in Latin America. 

CIMC Logistics said that the cooperation could improve CIMC Logistics’ shipping service capacity in Latin American regions and its global shipping network.

Currently, CIMC Logistics’ cargo volume at Latin American region is more than 50,000 teu. We are expecting to increase service investment in Latin American region with Delfin Group, and further integrate resources to develop us to be the largest logistics service provider for Far East and Latin America routes,” said Hu Pengfei,Managing Director of CIMC Logistics. 

In recent years, CIMC Logistics has continuously invested in the markets of North America, Latin America,Europe, Australia and New Zealand, Southeast Asia and Arica for expanding its footprint in global multi-modal transportation sector. 

Source: Seatrade Maritime News