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13 December 2019 The on-line newspaper devoted to the world of transports 03:03 GMT+1



November 25, 2019

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Original news
CMA CGM will sell the participation in ten harbour terminals

The cessions in the within of the credit scheme for the purchase of CEVA

In occasion of the today's presentation of the financial results achieved in the third trimester of this year the French CMA CGM it has announced that, which part of a program of strengthening of the patrimonial state and the liquidity of the shipowning group in the within of the operation of purchase of CEVA Logistics, is planned the sale of assets that would have to yield beyond two billions of liquidity dollars.

The consisting quota more, pairs to 968 million dollars, would have to come from the cession of the participation stopped from CMA CGM in ten harbour terminals through the Terminal Link, joint venture participated to 51% from the French group and to 49% from the Chinese Merchants Port Holdings (CMPort Lowers) that it manages 13 harbour terminals altogether. CMA CGM previews to unravel itself of these participation within the first half of the next year.

An other important quota, pairs to 860 million dollars, will derive from the cession of ships with salt agreements and lease-back that the collection of 650 million dollars is on and already has yielded, with remaining 210 million previewed in arrival in the next weeks.

PSA Genova Pra'
Salerno Container Terminal
Vincenzo Miele



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