You must be a Premium Subscriber to read this article.

NEWSFLASH: CMA CGM sells stake in terminals to China Merchants

Europe

Friday, January 25, 2013

The liner carrier CMA CGM said Friday it has sold a 49 percent stake in its terminal operating subsidiary Terminal Link to China Merchants Holdings, the largest public port operator in China. China Merchants will pay 400 million euros ($538 million) in the deal, which is expected to close within the first half of 2013, subject to regulatory approval. CMA CGM characterized the deal as a strategic partnership “in operating and developing container terminals on a global ...

You have requested access to content only available to Registered Users of American Shipper. You can become a registered user for FREE. You will not have access to premium content.

Your registration to American Shipper is FREE and will provide you access to much of the content on the American Shipper Web site. You will not have access to Premium Content.

SUBSCRIBE NOW
Access to premium content, original reporting, research, and feature stories require a paid subscription. Subscriptions to American Shipper costs $120 a year. Your subscription includes unlimited access to content on the American Shipper Website, early access to the digital edition of the monthly magazine, and the daily AS+ premium newsletter published each morning.