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18 January 2020 The on-line newspaper devoted to the world of transports 10:37 GMT+1



December 23, 2019

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Original news
Binding agreement for the cession to CMPort of the participation of CMA CGM in ten harbour terminals

The transaction will be capacity to term in the course of the next spring

The which signed memorandum is transformed by the parts in binding agreement of understanding last month that it previewed by the Terminal Link, joint venture participated to 51% from the French shipowning group CMA CGM and to 49% from the Chinese harbour society Merchants Port Holdings Co Lowers. (CMPort), the acquisition of the participation in ten stopped harbour terminals from CMA CGM(on 27 November 2019). Altogether the transaction, than second the forecasts will be capacity to term in the course of the next spring, will have a value of 968 million dollars.

The participation in the ten terminaliste societies object of the agreement are 50% of the capital of Odessa Terminal (Ukrainian), 49% of CMA CGM PSA Lion Terminal (CPLT) (Singapore), 50% of the Adani CMA Mundra Terminal (India), 100% of Kingston Freeport Terminal (Jamaica), 30% of the Rotterdam World Gateway (Holland), 25% of the Gemalink (Cai Mep, Vietnam), 24% of the Qingdao Qianwan United Advance Container Terminal (China), 47.25% of Vietnam International Container Terminal (Have Who Minh City, Vietnam), 14.5% of the Laem Chabang International Terminal (Thailand) and 100% of Umm Qasr Terminal (Iraq).

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