…PLUS EXTENDS IN KAOHSIUNG
CMA CGM has also signed a 20-year terminal lease extension agreement with Taiwan International Ports Corporation (TIPC) for its existing facility, CMA CGM Kaohsiung Terminal.
Sam Chou, General Manager, CMA CGM Kaohsiung Terminal, notes: “Our renewed terminal lease, that runs till 2040, is currently the longest contractual commitment made by a foreign entity in Kaohsiung Port.”
The terminal consists of two berths and has a capacity of 1.3 million TEU per annum. It offers a quay of 640m and draft of 15m, enabling ships of up to 14,000TEU capacity to call. Along with CMA CGM subsidiary companies, CNC and ANL, this terminal sees a reported 17 weekly services from the French carrier grouping.
CMA CGM has also signed a two-year agreement with Alexandria Container and Cargo Handling Co. to use terminals in Alexandria and El Dekhalia.
In January 2021, Egyptian authorities confirmed an intention to develop a joint-venture partnership with CMA CGM for the Port of Alexandria’s Pier 55, new multipurpose terminal