CMA CGM Group’s wholly-owned unit CMA Terminals has received a concession to manage, run and maintain the Port of Beirut’s container terminal following a bidding process.
The contract will be valid for ten years and take effect from next month.
At present, the firm contributes nearly 55% of the container terminal’s volumes, with nine weekly calls and transhipment operations.
The group has laid down an investment strategy for renewing and upgrading the terminal.
This includes an investment of $33m...
https://www.ship-technology.com/news/cma-cgm-beirut-port-terminal/