CMA CGM INLAND SERVICES (CCIS), entity of the CMA CGM Group, a world leader in shipping and logistics, and International Transportation and Trading Joint Stock Company (ITC) have set up a joint venture company, General International Logistics (GIL) to provide barge services.
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Leading Transport’s Energy Transition with Concrete Actions
The CMA CGM Group is committed to making shipping and logistics a more sustainable industry and is taking concrete actions with CCIS inland solutions. The Ho Chi Minh City - Cai Mep barge service will offer Vietnamese shippers a more economical and environmentally friendly way to transport containers between these two national ports, which are 80 km apart.
With more than 30 years of market presence in Vietnam, the CMA CGM Group is the leading market player with a strength of 230 staff members in Vietnam. The Group connects the country to the rest of the world with 25 services making 72 calls weekly.
Adeline Franger Chouraqui, General Director, CMA CGM Vietnam said, “The CMA CGM Group is pleased to partner ITC in this joint venture and kick-off our first barge service to transfer cargo between the two domestic ports in Southern Vietnam. The move demonstrates our commitment to continually seek for better ways to offer more efficient, flexible and sustainable solutions to our customers between the two key terminals”.
Nguyen Van Chuyen, Chairman, ITC said, “We are honored to cooperate with CMA CGM, a world leader in shipping and logistics, in establishing a joint venture to develop the logistics sector in Vietnam. Barge transportation is an important logistics service segment, helping to connect import and export gateways with high efficiency and competitive costs. ITC believes that combining the strengths and experiences of CMA CGM and ITC, GIL will develop into a leading enterprise in Vietnam in the field of logistics services”.