CMA CGM Expands Port Investment Platform

CMA CGM Expands Port Investment Platform

CMA CGM has completed the formation of United Ports, a new joint venture with infrastructure investment firm Stonepeak, securing fresh capital to support the expansion of its global container terminal network.

Under the agreement, Stonepeak has acquired a 25% stake in the business through a US$2.4 billion investment, while CMA CGM retains the remaining 75% ownership and full operational control.

Joint Venture Covers Nine Container Terminals

United Ports brings together nine container terminals located across five countries, strengthening CMA CGM's presence in several key international trade gateways.

The initial portfolio includes:

• Fenix Marine Services in Los Angeles
• Port Liberty terminals in New York and Bayonne
• Santos Brasil
• CSP Valencia
• CSP Bilbao
• TTI Algeciras
• Kaohsiung Terminal
• Gemalink in Vietnam

CMA CGM also plans to add its stake in Nhava Sheva Freeport Terminal in India once the necessary regulatory approvals are obtained.

Investment to Support Port Expansion

The joint venture will finance a range of infrastructure projects across its terminal portfolio.

Planned investments include expanding terminal capacity, upgrading cargo-handling equipment, improving rail and inland transport links, and developing electrification and shore power facilities.

These projects are intended to increase operational efficiency while supporting the long-term growth of global container trade.

Stonepeak May Increase Investment

Stonepeak has the option to invest an additional US$3.6 billion alongside CMA CGM in future port developments.

If fully committed, the infrastructure investor's total contribution to the partnership could reach US$6 billion, providing further funding for terminal expansion opportunities.

CMA CGM Retains Operational Control

Although Stonepeak has become a strategic financial partner, CMA CGM will continue to manage and operate the terminal portfolio.

The agreement enables the shipping group to strengthen its global port network while maintaining control of infrastructure that supports its international liner services and long-term logistics strategy.