Trieste Marine Terminal renews commercial agreements with Ocean Alliance consortium

Trieste, Italy (Ports Europe) March 8, 2021 - Trieste Marine Terminal srl has renewed commercial agreements with the Ocean Alliance which visits the container terminal of the port with its weekly direct service from Asia. The Ocean Alliance service is currently active on Trieste with ships of 7,000 TEU of capacity, and it is expected that it will further increase the hold capacity and its potential on the terminal. The Ocean Alliance, which compromises CMA CGM, APL, COSCO Shipping and Evergreen Line – is one of three major maritime alliances that enable slot-sharing and vessel-sharing agreements (VSAs) among the world's major carriers. With nine ships in service (five of the CMA CGM group, two of the Cosco group and two of the Evergreen Group), carry out weekly rotations and departures, and the service directly connects the Asian ports of Shanghai, Ningbo, Pusan, Shekou and Singapore with Trieste for import traffic and, for exports, Trieste with those of Jeddah, Port Kelang, Shekou, Shanghai, Ningbo and Busan. The volumes that the Ocean Alliance has allocated to the Trieste Marine Terminal have increased by 27.5% from 2017, the year in which the consortium has been operating, to date and the increase reaches approximately 85% for the railway part. "It is with great satisfaction that together with the companies of the Ocean Alliance consortium we have renewed our commercial agreements and confirmed the common commitment to the development of Italian and Central European traffic via Trieste", said Antonio Maneschi , President of TO Delta Group, owner of TMT. "Our Company is well established in the Trieste area with its own offices since 2003", explains Paolo Lo Bianco , CEO of CMA CGM Italia. "We are, in fact, the first carrier to have established a connection between the Far East and the Adriatic. Over the years we have grown a lot in Trieste, which represents a fundamental option for us to further progress in the future, thanks to the of the TMT terminal and the rail links to handle larger volumes and ocean-going vessels. These developments are not limited to Italian cargo, but also include cross-border traffic, with particular reference to central European destinations". According to Michela Nardulli, President of the Compagnia di Navigazione Italia Marittima SpA, carrier of the Evergreen Group: “The commercial agreement with TMT has an important value for our Group also in light of the intermodal network built in recent years by Trieste. Railway connections that represent an extraordinary opportunity for shipping companies and that Evergreen has historically used. Today we are particularly focused on further development in the countries of Eastern Europe, thanks to the fact that the Adriatic has shown that it can represent a reliable gateway like, and sometimes more than, Northern Europe. Trieste is certainly capable of responding effectively to the reliability and growth needs of the Shipping Lines”. "For us Trieste is an important opportunity", are the words of Marco Donati, General Manager of COSCO Italia. "Thanks to the characteristics of the port and of Trieste Marine Terminal, we can expect to grow, even in the short term, with larger vessels than in the current ones, and take advantage of the excellent intermodal connections available. We are doing it well for example on trains from Padua and we will be able to use others also in an important Green Policy perspective to which our Company and the entire world of shipping and logistics are particularly sensitive". Trieste Marine Terminal srl (TMT) is the concessionaire of the container terminal in the port of Trieste, and part of the T.O. Delta SpA group. Copyright (C) Ports Europe. All Rights Reserved. 2021.

Trieste Marine Terminal renews commercial agreements with Ocean Alliance consortium

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Trieste Marine Terminal renews commercial agreements with Ocean Alliance consortium

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