China Merchants Holdings International (CMHI) is eyeing up a potential terminal alliance along China’s maritime silk road in a bid to challenge liner shipping alliances.
Last Friday at the Maritime Silk Road Port International Cooperation Forum in Ningbo, Bai Jingtao, general manager of CMHI, said that the alliance would enhance the comparative advantages of pairing arrival and departure ports.
According to IHS Maritime, he stated that the alliance should collaborate to provide logistics services for manufacturers and consumers, and provide financial services to boost the comparative advantages of each member port.
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