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Regular CMA CGM news provide the key information you need to keep up to date on important events involving the Group and the industry.

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Ports and Terminals

CMA CGM signs a binding agreement for the sale of a 90% equity interest in Global Gateway South terminal in Los Angeles (USA) for a cash consideration of $817m

CMA CGM (the “Group”) signed an agreement with EQT Infrastructure III (“EQT Infrastructure”) and its partner P5 Infrastructure (“P5”) on June 30th 2017, pursuant to which EQT Infrastructure will acquire a 90% interest in the Global Gateway South (“GGS”) terminal in Los Angeles (USA) for an Enterprise Value of USD 875 million. Following the completion of the transaction, CMA CGM will remain a minority shareholder holding 10% of the GGS terminal, which it acquired last year as part of Neptune Orient Lines (NOL).

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Ports and Terminals

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France’s CMA CGM & Adani Ports create joint-venture to run Mundra Port’s new container terminal for 15 years

Marseille, France/ Ahmedabad, India, April 25, 2017: CMA CGM, a leading worldwide shipping group and Adani Ports and Special Economic Zone (APSEZ), India’s leading port infrastructure developer and part of the Adani Group, today signed a joint venture agreement, to operate a new container terminal (CT4) at Mundra Port, for next 15 years with an option to extend it twice for 10 more years.

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