Ocean Carriers

COSCO Shipping Ports and CMA Terminals Sign MoU

COSCO Shipping Ports and CMA Terminals Sign MoU
Danny Gill

COSCO Shipping Ports and CMA Terminals Holding recently signed a memorandum of understanding (MoU) in Shanghai . The two parties have agreed to seek cooperation in ports worldwide and preference will be given to ports that the Ocean Alliance calls. Both parties also agreed to provide support to each other in terms of business and service to the ports that the other side has already invested in.

Zhang Wei, Vice Chairman and Managing Director of COSCO Shipping Ports and Mr. Farid Salem, Executive Officer of CMA CGM Group signed the MoU in the presence of Mr. Huang Xiaowen, Deputy General Manager of China COSCO Shipping Corporation Limited and Chairman of COSCO Shipping Ports, Mr. Fang Meng, Deputy Managing Director of COSCO Shipping Ports, Mr. Jean-Yves Duval, Senior Vice President, CMA CGM Asia and Mr. Baocai Wang, President of CMA CGM China.

Since the establishment of the Ocean Alliance, the cooperation between COSCO Shipping Ports and CMA Terminals Holding has become closer, and both sides said they wish to create more opportunities in global port investment and operation. The discussion of cooperation began in early 2016 and on this basis, both sides have recently reached consensus and signed the MoU.

For breaking news sent to your LINE application, click on the button below to add us on LINE at @logisticsmanager (also include the ‘@’ symbol)


Ocean Carriers
Danny Gill

Danny is currently a Contributing Writer for Airfreight Logistics and Logistics Manager (LM) and is quite the foodie. He’s always on the hunt for new and exciting dishes to sample, and is never one to back down from a spicy challenge. His travels have taken him around the world, and he’s been able to experience many different cultures (and food).

More in Ocean Carriers

CMA-CGM Thailand Appoints New General Manager

Danny GillJuly 12, 2017

COSCO Shipping Offers $6.3 billion for Orient Overseas Ltd

Danny GillJuly 10, 2017
OCEAN ALLIANCE announces Day One Network

VIDEO: CMA CGM Unveils its New Ambition

Danny GillJune 28, 2017

CMA CGM Launches New ‘INDIAMED’ Service

Danny GillJune 16, 2017

Japan’s Big Three Liners Announce New Merged Container Entity “Ocean Network Express”

Danny GillJune 1, 2017
Hapag-Lloyd Environmental

Hapag-Lloyd and UASC Complete Merger

Danny GillMay 24, 2017

First Ship from Ocean Alliance Arrives at Wilhelmshaven

Danny GillMay 17, 2017

VIDEO: Watch Hapag-Lloyd’s CEO Commenting on Q1 Results 2017

Danny GillMay 15, 2017

Maersk Line and Hamburg Süd Sale and Purchase Agreement Approved

Danny GillMay 2, 2017