CNC Launches First 100% Foreign-Owned Domestic Shipping Service in the Philippines
CNC, the Intra-Asia short sea specialist of the CMA CGM Group, today announced the launch of a new legal entity (named “CMA CGM Philippines Shipping”) which marks the first 100% foreign-owned international shipping line to register and operate a domestic service in the Philippines, following the government's expanded regulations permitting foreign shipping lines to venture into domestic shipping.
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