China Merchants Port & Thessaloniki Port Authority sign agreement on Port Information System

Thessaloniki, Greece (Ports Europe) July 12, 2020 - China Merchants Port Holdings (CMPort) and its subsidiaries China Merchants Holdings (International) Information Technology (CMHIT) with Thessaloniki Port Authority SA (ThPA) have signed two agreements on strategic cooperation and a port information system. CMPort and ThPA signed the Cooperation Agreement, and then CMHIT and ThPA signed a CTOS Cooperation Contract. CMHIT has developed CM Chip, a port and terminal operation management solution (Smart Information Service Platform), which involves comprehensive management of various production factors such as people, finance, cargo, and business. ThPA will be the first to install CTOS system in the European market, as a demonstration and promotion window for the TOS project and related IT solutions to enter the European market. CMPort will take advantage of its influence and port network to enhance the reputation of ThPA and promote the port to become an important port for goods entering and leaving Europe. Dr. Bai Jingtao, Managing Director of CMPort, said, “The port of Thessaloniki is the largest comprehensive port in the Aegean Basin and the second largest container port in Greece. It has a long history, outstanding location and shipping advantages. It is not only the main import and export gateway in northern Greece, but also an important channel and logistics hub linking Europe and Asia". Bai Jingtao added that, "CM Chip is a core part of Smart Information Service Platform innovated by CMPort, it comprises of container and bulk cargo TOS systems, further of park management and billing systems. It is one of the most advanced port operating systems in the world. Moreover in light of the global port network of CMPort, it brings to industry stakeholders a mature ecology of systems. We believe that this successful cooperation is not limited to a system marching overseas in Europe, but also a promotion of the two parties in the port areas of Europe and Asia, which can be recognized another success and practice of the initiative of “Belt and Road”. Thanos Liagkos, Executive Chairman of Bod, ThPA said, "The signing of cooperation agreement with CMPort marks a major step forward for Thessaloniki Port Authority because this cooperation fully supports us achieving the promise of developing innovative strategies and sustainable operations, it will benefit the Greek economy and the supply chain in southeastern Europe". Wang Pei, General Manager of CMHIT said, " The CTOS project in Thessaloniki will be an important milestone for CMHIT to enter the IT market of European port and logistics industry. Through close cooperation with the ThPA project team, our IT team will adopt the most advanced technology, implement the latest system, provide the most high-quality services, apply the best practices of container terminals to ThPA, make the CTOS project in ThPA into a demonstration and window for smart ports, and conduct long-term cooperation with ThPA in a wider market". Franco Nicola Cupolo, Managing Director and Chief Executive Officer of ThPA, added, "ThPA is implementing an extended investment plan and the curial point of these investments is the expansion of the Container Terminal, allowing to serve main liner container services and accommodate Ultra Large Container Vessels of 24,000 TEUs capacity. We believe, the implementation of CTOS will provide additional value to our shareholders, are investments and support significantly the transformation of Container Terminal to international standards. We are looking forward to the start of our cooperation with the CMPort and continuously promote sustainability to port’s development.” Thessaloniki Port Authority (ThPA) was privatised in March 2018, and is now operated by South Europe Gateway Thessaloniki (SEGT) Ltd, a consortium, in turn, owned by Deutsche Invest Equity Partners GmbH (47%), Terminal Link SAS (33%) and Belterra Investments Ltd (20%). Terminal Link SAS is 51%-owned by French shipper CMA CGM, with the remainder held by CMPort. Copyright (C) Ports Europe. All Rights Reserved. 2020.

China Merchants Port & Thessaloniki Port Authority sign agreement on Port Information System

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China Merchants Port & Thessaloniki Port Authority sign agreement on Port Information System

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