CMA CGM finalises terms of sale of 10 terminals to Terminal Link JV

CMA CGM has finalised the terms of its sale of 10 terminals as it seeks to reduce its enormous debt burden.
The French carrier said would receive $968m in cash for the transfer of 10 facilities owned by the line to Terminal Link, a joint-venture. in which it holds 51% and Chinese port operator China Merchants the remaining 49%.
The carrier took strategic stakes in the box terminals: Odessa in Ukraine; the …

The post CMA CGM finalises terms of sale of 10 terminals to Terminal Link JV appeared first on The Loadstar.

Source: The Loadstar

Be the first to comment on "CMA CGM finalises terms of sale of 10 terminals to Terminal Link JV"

Geef een reactie

Het e-mailadres wordt niet gepubliceerd. Vereiste velden zijn gemarkeerd met *

*