A terminal alliance along the maritime silk road should be formed to counter the ever-growing alliance among container carriers, China Merchants Holdings (International) (CMHI) said on 10 July.
The terminal alliance should enhance the comparative advantages of port pair comprising arrival and departure ports, Bai Jingtao, general manager of CMHI, said at the Maritime Silk Road Port International Cooperation Forum in Ningbo on 10 July.
The port pair should work together to provide logistics services for manufacturers and consumers, and provide financial services to strengthen the comparative advantages of each port in the terminal alliance, Bai said.
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By this means, the terminal alliance can contend against the shipping company alliance, he added.
Also, all terminals in the alliance should employ an unified information service platform, which is based on big data, making the unimpeded access to information between terminals, especially between port pair.
The terminal alliance will allow data transparency and data flow, changing the situation of port pair as information islands.
As for the further development of terminal alliance, Bai said the terminals inside the alliance should look to supply chain financial services to upgrade the industry, while international traders become reliant on the services provided by terminal alliance.
This post was sourced from IHS Maritime 360: View the original article here.