FRENCH shipping giant CMA CGM has committed an unspecified sum to container yard improvements at the two marine terminals it will own in New York Harbour, reports New York’s Journal of Commerce. CMA CGM’s agreement to acquire two marine terminals in the Port of New York and New Jersey includes terms that require the carrier to bear more of the maintenance costs and share demurrage revenue with the port authority. Having passed federal muster, the PANYNJ’s agreeing to the new lease leases for...
https://www.seanews.com.tr/revised-terminal-deal-gives-panynj-cut-of-cma-cgms-demurrage/198263/