Skip to main content

ANOTHER WIN FOR CHINA'S BELT AND ROAD


Photo of the signing ceremony in Thessaloniki From left to right: MD and CEO of ThPA S.A., Franco Nicola Cupolo; executive chairman of BoD, ThPA S.A., Thanos Liagkos; and general manager of container terminal, ThPA S.A., Antonino Spezzano. Photo: Thessaloniki Port Authority
INDUSTRY DATABASE

The managing director and chief executive officer of Thessaloniki Port Authority S.A.(ThPA), Franco Nicola Cupolo, signed an 'Agreement of Mutual Cooperation' with the managing director of CMPort, Dr Bai Jingtao. Mr Cupolo also signed a cooperation agreement regarding a CTOS (Container Terminal Operating System) in the container terminal of the Port of Thessaloniki with the general manager of CMHIT, Wang Pei.

ThPA and CMPort have agreed to proceed on all the commercial and operational aspects needed to promote the Port of Thessaloniki, in the Chinese market, as a Gate Port in Europe. The agreements are expected to strengthen China's Belt and Road initiative.

"Major step forward"

Thanos Liagkos, executive chairman of ThPA, said: "The signing of cooperation agreement with CMPort marks a major step forward for Thessaloniki Port Authority S.A. because this cooperation fully supports us achieving the promise of developing innovative strategies and sustainable operations, with multiple benefits for the Greek economy and the supply chain in southeastern Europe."

Franco Nicola Cupolo, managing director and chief executive officer of ThPA, said: “ThPA S.A. is implementing an extended investment plan and the crucial 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 investments and support significantly the transformation of Container Terminal to international standards."

Managing director of CMPort, Bai Jingtao, said: “The port of Thessaloniki 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. 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.

https://www.portstrategy.com/news101/world/asia/another-win-for-chinas-belt-and-roa


Comments

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 yo

RWR Advisory: Belt and Road at a Glance

This edition covers developments from March 12 - March 26..  Belt and Road at a Glance   Subscribe to the Belt and Road Monitor Top Developments China National Machinery Industry Corporation, commonly known as Sinomach, has agreed to  build  a $845 million, 255-mile railway across  Iran , building upon a sustained period of growth for Chinese investment in Iran that accelerated after Xi Jinping’s state visit to the country in January 2016. The railway will link the cities of Tehran, Hamedan and Sanandaj. China Civil Engineering Construction, a subsidiary of CRCC, is currently also  building  a 263-km railway line from Kermanshah to Khosravi. According to Chinese entrepreneur Lin Zuoru, who  owns  factories in Iran, “Iran is at the center of everything.”On March 23, China’s Ministry of Commerce announced that foreign direct investment by Chinese companies in 50 Belt and Road countries fell by 30.9% year-on-year. While the Ministry stated that this number covers investment across al

CPEC Jobs in Pakistan, salary details

JOBS...نوکریاں چائنہ کمپنی میں Please 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 daily Heavy Duty Driver: Rs. 1,700 daily Mason: Rs. 1,500 daily Helper: Rs. 850 daily Electrician: Rs. 1,700 daily Surveyor: Rs. 2,500 daily Security Guard: Rs. 1,600 daily Bulldozer operator: Rs. 2,200 daily Concrete mixer machine operator: Rs. 2,000 daily Roller operator: Rs. 2,000 daily Steel fixer: Rs. 2,200 daily Iron Shuttering fixer: Rs. 1,800 daily Account clerk: Rs. 2,200 daily Carpenter: Rs. 1,700 daily Light duty driver: Rs. 1,700 daily Labour: Rs. 900 daily Para Engine mechanic: Rs. 1,700 daily Pipe fitter: Rs. 1,700 daily Storekeeper: Rs. 1,700 daily Office boy: Rs. 1,200 daily Excavator operator: Rs. 2,200 daily Shovel operator: Rs. 2,200 daily Computer operator: Rs. 2,200 daily Security Supervisor: Rs.