China is now increasingly at home in Greece. After Cosco Shipping Ports investing in the port of Piraeus, it is the turn of China Merchants Port to make its way into the Greek port business.
In fact just yesterday CMP signed two agreements with the Thessaloniki Port Authority (TPA): one on commercial cooperation between the Chinese operator and the Greek port of call, a second on the adoption of a new Container Terminal Operating System (CTOS) for the management of the traffic to the Greek port’s container terminal.
This is the CM Chip operating system developed by China Merchants Holdings (International) Information Technology Co. (CMHIT), a subsidiary of CMPort, which will be installed in a European port for the first time.
TPA’s Executive Director, Thanos Liagkos said that setting up this cooperation allows Thessaloniki Port Authority to take a further step forward in the development of innovative strategies aimed at managing its traffic, with multiple benefits for both the national economy and the South-Eastern Europe supply chain.
Translation by Giles Foster