CMA CGM Group said Thursday it will invest $33 million to rebuild and modernize the Port of Beirut container terminal as part of a 10-year operating contract.
The terminal was run by the Beirut Container Terminal Consortium (BCTC) at the time of the early August 2020 explosion that obliterated Lebanon’s principal port, leveled surrounding neighborhoods, injured more than 6,500 people and killed over 200.
The blast was blamed on 2,700 tons of ammonium nitrate stored in one of 12 warehouses at the...
https://www.freightwaves.com/news/cma-cgm-investing-33m-in-port-of-beirut-container-terminal