CMA CGM, SIPG ink stevedoring extension

CMA CGM, SIPG ink strategic TSA extension

CMA CGM and Shanghai International Port Group Co., Ltd. (SIPG) have signed an extension to their strategic Terminal Stevedoring Agreement (TSA).

The TSA Extension was signed in the presence of Rodolphe Saadé, Chairman and CEO of CMA CGM, and Gu Jinshan, Chairman of SIPG, by Christine CABAU, Executive Vice President of Assets Group & Operations, and James WANG, Vice President of SIPG.

The collaboration between CMA CGM and SIPG has produced positive results in recent years, with significant achievements in areas such as pioneering LNG bunkering in Shanghai, facilitating systematic shore powering connections during port calls, and improving full and empty container dispatch to and from the yard.

A new cooperation is now also under development between CMA CGM and SIPG for future storage and bunkering of bio-methanol at Shanghai port.

READ: CMA CGM completes €5 billion acquisition of Bolloré Logistics

James Wang, Vice-President of SIPG said: “Under this TSA extension, CMA CGM and SIPG work together to promote the diversified development of logistics industry in Shanghai Port, enhance the service function of Shanghai Port as a global shipping hub, and help upgrade the construction of Shanghai International Shipping Center from ‘basic completion’ to ‘full completion’.”

READ: CMA CGM moves to Port of Augusta

Christine Cabau Woehrel, Executive Vice President Operations and Assets of the CMA CGM Group, added: “By pushing cooperation between SIPG and CMA CGM into a more holistic approach than simply port call management, we aim at pushing efficiencies beyond the plain ship/quay experience.

“Our renewed partnership is aiming at continuously pushing further the limits of operational efficiency, making this a greener win win experience for the terminal, for the shipping line and above all for our freight customers who benefit from this enhanced fluidity at the port.”

In January, CMA CGM was the most reliable of the top 13 carriers, with a schedule reliability of 54.7 per cent, followed by four other carriers above the 50 per cent level.

Daily Email Newsletter

Sign up to our daily email newsletter to receive the latest news from Port Technology International.

Supplier Directory

Find out how to get listed

Webinar Series

Find out how to attend

Latest Stories

Cookie Policy. This website uses cookies to ensure you get the best experience on our website.