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  • 2016 June 15 11:21

    CMA CGM and PSA to create a container terminal joint venture in Singapore

    CMA  CGM  S.A.  (CMA  CGM)  and  PSA  Singapore  Terminals  Pte.  Ltd.  (PSA)  will  form  a  joint venture company CMA CGM - PSA Lion Terminal Pte. Ltd. (CPLT) to operate and use  four  mega container berths at Pasir Panjang Terminal Phases 3 and 4 in Singapore, the company said in its press release.

    CPLT  will  start  operations  from  the  second  half  of  2016,  and  allow  CMA  CGM  and  its  shipping  line  affiliates  to  leverage  industry - leading  port  infrastructure  and  technologies  at  this  latest  Pasir  Panjang  expansion,  which  has  the  capacity  and  scale  of  operations  to  better serve mega vessels in  the region .

    CPLT will provide long - term terminal services to CMA CGM and its shipping line affiliates  hence securing best - in - class services for its fleet.

    About CMA CGM

    CMA CGM, founded and led by Jacques R. Saadé is a leading worldwide shipping group. Its 536 vessels cal l more than 420 ports in the world, on all 5 continents. In 2015, they carried 18  million** TEUs (twenty - foot equivalent units).  CMA  CGM  has  grown  continuously,  and  has  been  constantly  innovating  to  offer  its  clients  new  sea, land and logistics solutions.  With a presence in 160 countries, through its 600 agencies network, the Group employs 29,000*  people worldwide, including 2,400* in its headquarter in Marseilles.




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2021 December 1

19:15 PortNews to hold Ship Repair, Modernization and Components Conference on 20 September 2022 in Saint-Petersburg
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