Skip to main content

Noatum Ports to boost China-Spain maritime cooperation

By CGTN’s Su Yuting

Chinese company COSCO Shipping has acquired a 51-percent stake in Spain's largest maritime terminal operator, Noatum Ports. 

The operator manages a pair of maritime terminals in the cities of Valencia and Bilbao, as well as dry terminals in Zaragoza and Madrid. CGTN has visited the ports of Valencia and Bilbao to find out how they're benefiting the regional logistic and transport networks and the people of the Mediterranean Sea Basin.

Valencia Port is an open gateway to the trading world. Its hinterland reaches deep into the country, an area which accounts for half of Spain's GDP and its workforce.

The Port of Valencia is one of the busiest seaports in Europe. It’s also the largest in Spain, and the Mediterranean Sea Basin. Currently, nearly half of the traffic that Valencia port manages has its origin and destination in Asia and China stands as the main commercial partner of the site.

Last year, Chinese company COSCO Shipping acquired a controlling stake in Noatum Ports, the company operating the Container Terminal of the Port of Valencia.

Noatum Ports CEO Sun Kai said the port's strategic geographical position, operational capacity, and modern operation systems mean it can be perfectly integrated into the transport networks of the entire region. 

Noatum Ports CEO Sun Kai said Valencia is an ideal maritime gateway on the Iberian Peninsula. /CGTN Photo

According to Sun, Valencia Port is the largest in the Mediterranean region in terms of container traffic, 5th in Europe and 29th worldwide. Valencia is an ideal maritime gateway on the Iberian Peninsula, making it a natural port for the Great Madrid Area, which is the most advanced area in Spain. 

"Noatum Ports has been improving connections among its four subsidiaries in Valencia, Bilbao, Madrid and Zaragoza, which can provide last-mile solutions and door-to-door services to customers in Spain and Europe,” he noted. 

COSCO Shipping also operates the Port of Bilbao, an entry-point into Europe for ships coming across the North Atlantic .

Elvira Gallego, general manager of the Container Terminal Bilbao said the port is constantly developing, and China is among its twelve main markets.

"Connecting China with Bilbao is a big opportunity for us. I think the Belt and Road Initiative is a big project for us. China’s culture is very strong, all of us must work together in order to achieve success. China is connecting with Europe, and I think Spain must be a stakeholder in this aspect," she added.

Elvira Gallego, general manager of Noatum Port’s Bilbao Container Terminal, says connecting China with Bilbao is a big opportunity. /CGTN Photo

Both port authorities in Valencia and Bilbao also hailed China's role in promoting their local economies.

Francesc Sanchez, general manager of the Port Authority of Valencia, said the Belt and Road Initiative is an opportunity for companies to invest in Spain and to produce products in Spain with Chinese technology.

Francesc Sanchez, general manager of the Port Authority of Valencia, says the Belt and Road Initiative is an opportunity for companies to invest in Spain. /CGTN Photo

"With the cooperation of Noatum and COSCO Shipping, traffic will increase," said Ricardo Barkala, chairman of the Port Authority of Bilbao. "I think the Belt and Road Initiative is very important, because Spain needs to move traffic to the Mediterranean corridor and to the whole of Europe."

Ricardo Barkala, chairman of the Port Authority of Bilbao, says the traffic is expected to increase through China-Spain cooperation. /CGTN Photo

Many locals also believe continued investment from Chinese companies can create more jobs and business opportunities in the future. 

(Photograph by Chen Weikui. Video Courtesy of Noatum Ports.)


Popular posts from this blog

SSG Commando Muddassir Iqbal of Pakistan Army

“ Commando Muddassir Iqbal was part of the team who conducted Army Public School operation on 16 December 2014. In this video he reveals that he along with other commandos was ordered to kill the innocent children inside school, when asked why should they kill children after killing all the terrorist he was told that it would be a chance to defame Taliban and get nation on the side. He and all other commandos killed children and later Taliban was blamed.
Muddassir Iqbal has deserted the military and now he is  with mujahedeen somewhere in AF PAK border area”
For authenticity of  this tape journalists can easy reach to his home town to interview his family members or   ISPR as he reveals his army service number”
Asalam o Alaikum: My name is Muddassir Iqbal. My father’s name is Naimat Ali. I belong to Sialkot divison (Punjab province), my village is Shamsher Poor and district, tehsil and post office  Narowal. Unfortunately I was working in Pakistan army. I feel embarrassed to tell you …

The Rise of China-Europe Railways

The Rise of China-Europe RailwaysMarch 6, 2018The Dawn of a New Commercial Era?For over two millennia, technology and politics have shaped trade across the Eurasian supercontinent. The compass and domesticated camels helped the “silk routes” emerge between 200 and 400 CE, and peaceful interactions between the Han and Hellenic empires allowed overland trade to flourish. A major shift occurred in the late fifteenth century, when the invention of large ocean-going vessels and new navigation methods made maritime trade more competitive. Mercantilism and competition among Europe’s colonial powers helped pull commerce to the coastlines. Since then, commerce between Asia and Europe has traveled primarily by sea.1Against this historical backdrop, new railway services between China and Europe have emerged rapidly. Just 10 years ago, regular direct freight services from China to Europe did not exist.2 Today, they connect roughly 35 Chinese…

CPEC Jobs in Pakistan, salary details

JOBS...نوکریاں چائنہ کمپنی میںPlease help the deserving persons...Salary:Salary package in China–Pakistan Economic Corridor (CPEC) in these 300,000 jobs shall be on daily wages. The details of the daily wages are as follows;Welder: Rs. 1,700 dailyHeavy Duty Driver: Rs. 1,700 dailyMason: Rs. 1,500 dailyHelper: Rs. 850 dailyElectrician: Rs. 1,700 dailySurveyor: Rs. 2,500 dailySecurity Guard: Rs. 1,600 dailyBulldozer operator: Rs. 2,200 dailyConcrete mixer machine operator: Rs. 2,000 dailyRoller operator: Rs. 2,000 dailySteel fixer: Rs. 2,200 dailyIron Shuttering fixer: Rs. 1,800 dailyAccount clerk: Rs. 2,200 dailyCarpenter: Rs. 1,700 dailyLight duty driver: Rs. 1,700 dailyLabour: Rs. 900 dailyPara Engine mechanic: Rs. 1,700 dailyPipe fitter: Rs. 1,700 dailyStorekeeper: Rs. 1,700 dailyOffice boy: Rs. 1,200 dailyExcavator operator: Rs. 2,200 dailyShovel operator: Rs. 2,200 dailyComputer operator: Rs. 2,200 dailySecurity Supervisor: Rs. 2,200 dailyCook for Chinese food: Rs. 2,000 dailyCook…