CMA CGM finalises terms of sale of 10 terminals to Terminal Link JV

CMA CGM has finalised the terms of its sale of 10 terminals as it seeks to reduce its enormous debt burden.
The French carrier said would receive $968m in cash for the transfer of 10 facilities owned by the line to Terminal Link, a joint-venture. in which it holds 51% and Chinese port operator China Merchants the remaining 49%.
The carrier took strategic stakes in the box terminals: Odessa in Ukraine; the …

The post CMA CGM finalises terms of sale of 10 terminals to Terminal Link JV appeared...

https://theloadstar.com/cma-cgm-finalises-terms-of-sale-of-10-terminals-to-terminal-link-jv/

CMA CGM recaudará $ 2 mil millones vendiendo sus puertos y barcos para financiar a CEVA

PARÍS, 25 nov (Reuters) – El grupo naviero CMA CGM dijo que planeaba recaudar $ 2 mil millones para ayudar a financiar su adquisición de CEVA Logistics, con la mitad del efectivo proveniente de la venta de activos portuarios a su empresa conjunta con China Merchants Port Holdings Co. 001872. SZ....

https://fullavantenews.com/cma-cgm-recaudara-2-mil-millones-vendiendo-sus-puertos-y-barcos-para-financiar-a-ceva/?lang=es

DP World and CMA CGM’s Terminal Link form JV for new berths at Le Havre

GMP (Générale de Manutention Portuaire), a joint-venture between DP World and CMA CGM’s Terminal Link subsidiary, has been awarded the service concession for the construction and operation of berths 11 and 12 at the port of Le Havre.
GMP will invest in two new container berths spanning 700 metres of quay, with a 42ha terminal and an operational capacity of 1m teu.
The concession agreement is for a 34-year term, including two …

The post DP World and CMA CGM’s Terminal Link form JV for new berths...

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