CMA CGM to operate Port of Alexandria's Future Terminal

CMA CGM's Chairman and Chief Executive Officer, Rodolphe Saadé recently went on a trip to Egypt. After the trip, Egyptian officials have confirmed their intention to enter into a long-term partnership with CMA CGM for the operation and management of Pier 55, the Port of Alexandria’s upcoming multi-purpose terminal.

The partnership includes the development of logistics solutions, digitalization, and the assistance to the training of young professionals in the maritime and logistics industry to name a few.

A New Terminal:

The terminal, which covers an area of 560,000 square meters with quays of over 2 km in length, will have a capacity of around 1,5 million TEUs.

It will be primarily used to launch CMA CGM's larger vessels, with operations planned to start as early as 2022.

The CMA CGM footprint in Egypt is vast. It currently employs almost 300 people and calls 6 ports in Egypt. Each year, CMA CGM vessels cross the Suez Canal more than 700 times.

Cementing The Mediterranean Connection:

CMA CGM strengthens its strategic positioning and expertise as a container terminal operator in the Mediterranean with terminal capacities of almost 7 million TEUs including:

  • Marseilles-Fos, dynamic container terminals in a leading port
  • Seville, a niche terminal at the heart of the Andalusian area
  • Malta, a leading transhipment hub in the Mediterranean
  • Thessaloniki in Greece, an important gateway for Southeast Europe
  • Lattakia, the historic Syrian leader in container traffic

At FleetMon, we've always stressed the need for the energy transition in the maritime industry. The frontrunner in this category is CMA CGM, with the Group deploying its service between Asia and the Mediterranean LNG-powered vessels of 15,000 TEUs by the end of 2021.

As part of his strategic vision, Rodolphe Saadé has decided to choose Marseille-Fos to bunker these new LNG vessels, making the Mediterranean a major area for the development of the use of LNG.

Photo credits: SAMEH MAHMOUD2020, CC BY-SA 4.0, https://creativecommons.org/licenses/by-sa/4.0, via Wikimedia Commons

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