Independent journal on economy and transport policy
17:54 GMT+1
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COSCO Shipping tightens an agreement of cooperation with CMA Terminals of the group CMA CGM
the understanding will be centralized mainly on the ports of port of call of the services of the OCEAN Alliance
January 25, 2017
shipowning group COSCO Shipping has undersigned an agreement of cooperation in harbour within with the terminalista society CMA Terminals of the French shipowning group CMA CGM. The collaboration will be centralized mainly on the ports of port of call of the services of the OCEAN Alliance, the shipowning alliance hard of a fleet of 350 ships that will become operating the next April to a year from its institution agreed from same CMA CGM, the COSCO Container Lines (COSCON), the containerized company of group COSCO Shipping, from the taiwanese Evergreen Line and the Orient Overseas Container Linens (OOCL) of Hong Kong.
As well as with CMA Terminals, of which CMA CGM it stops the property of the share capital, the shipowning group French work in the terminalistico field through the Terminal Link, society participated to 51% from CMA CGM and 49% from the Chinese Lowers Holding Merchants International (CMHI).
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