CMA CGM to operate Port of Alexandria’s future terminal

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  • Operation of Pier 55 at the Port of Alexandria will start in 2022
  • The new terminal covers an area of 560,000 square meters with quays of over 2 kilometers in length
  • Terminal will have a capacity of around 1.5 million TEUs and facilitate deployment of CMA CGM’s larger vessels
  • Carrier to also deploy on its Asia-Mediterranean service LNG-powered vessels of 15,000 TEUs by the end of 2021

French shipping and logistics group CMA CGM will operate and manage the Port of Alexandria’s upcoming multipurpose terminal when the facility comes online in 2022.

CMA CGM in a statement said the group and the Egyptian authorities intend to enter into a long-term partnership for the transportation giant to operate and manage the planned Pier 55 of Egypt’s main port.

This partnership will also include the development of logistics solutions, digitalization, training of younger generations in maritime and logistics, as well as other investments.

The new terminal, which covers an area of 560,000 square meters with quays of over 2 kilometers in length, will have a capacity of around 1.5 million TEUs and will facilitate the deployment of CMA CGM’s larger vessels.

Operations are planned to start in 2022.

CMA CGM currently employs almost 300 people and calls six ports in Egypt, linking the country to the rest of the world. Each year, the group’s vessels cross the Suez Canal more than 700 times.

The shipping company said the move will strengthen its strategic positioning and expertise as a container terminal operator in the Mediterranean, with terminal capacities of almost 7 million TEUs including:

  • Marseilles-Fos, container terminals in a leading port
  • Seville, a niche terminal in the Andalusian area
  • Malta, a leading transshipment hub in the Mediterranean
  • Thessaloniki in Greece, an important gateway for Southeast Europe
  • Latakia, the Syrian leader in container traffic

“At the crossroads between Africa, Asia and Europe, the Mediterranean represents a major area for the development of the group’s operations in maritime transportation, port operations and logistics,” the company stated.

The group will also deploy on its service between Asia and the Mediterranean LNG-powered vessels of 15,000 TEUs by the end of 2021.

Photo courtesy of CMA CGM