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Cargotec enters coop agreement with Sichuan port

Kalmar, part of Cargotec, facilitated a Strategic Cooperation Agreement between Sichuan Port and Shipping Investment Group (SPSI) and Cargotec Corporation on 8 June 2021 in Chengdu, China.

The agreement covers the vision of the two parties to establish a long-term cooperative relationship from the development of land port, water port, logistics park, multi-mode transport, intelligent logistics integrated services as the starting point.

SPSI Group handles a wide range of operations and investment management in infrastructure construction, logistics services and financing, energy and resource development. The Group’s terminal capacity reaches 2.7 million TEU in the Sichuan area accounting 95% of total container volume of Sichuan province. The agreement is part of SPSI Group’s commitment to form a close cooperation mechanism with international partners and global leading companies.

“China has been a critical market for the group’s strategy and the cooperation between SPSI, Cargotec and Kalmar creates new prospects of development in the hinterland of southwest China. It will also build an important benchmark for cooperation in the field of smart ports, green technology and international logistics. Let us work together to deliver a brighter future through collaboration,” says Mikael Laine, Senior Vice President, Strategy at Cargotec Corporation.

“As a large multinational company with a long history in the ports and logistics industry, Cargotec Corporation is the world’s recognised leader in cargo handling solutions, and an example to SPSI. We are looking forward to establishing long-term cooperation with Cargotec and Kalmar in cross-border logistics, smart ports, cargo handling, multimodal transport and comprehensive services. Together, we will be setting a benchmark in the field of smart ports and China-EU cooperation,” says Chongyong Zeng, Vice Chairman and General Manager of SPSI.

“SPSI Group plays an important role in supporting the logistics and trade development of South West China. It’s a win-win decision to formalise the strategic framework between Kalmar and SPSI,” says Shushu Zhang, Vice President, Greater China at Kalmar.