COSCO Ports and CMA Terminals join forces

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COSCO Shipping Ports and CMA Terminals Hol[ds_preview]ding signed a memorandum of understanding to reinforce their strategic cooperation on port operations and investments.

Bokth parties agreed to seek cooperation in ports worldwide and that preference will be given to ports that the Ocean Alliance calls. Besides, both sides will provide support in terms of business and service to the ports that the other side has already invested in.

Since the establishment of the »Ocean Alliance«, the cooperation between COSCO Shipping Ports and CMA Terminals Holding has become closer. The discussion of cooperation began in early 2016.