CMA CGM Completes Acquisition Of One Of The Largest Port Terminals In The United States

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CMA CGM completes acquisition of one of the largest ports in USA

Further to the agreement announced on November 3rd, 2021, the CMA CGM Group has completed the acquisition of 90% of Fenix Marine Services (FMS) terminal in Los Angeles.

Image Credits: cmacgm-group.com

With the 10% stake already owned by the Group, CMA CGM is now sole owner of the FMS facility.

Reference: cmacgm-group.com

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CMA CGM Completes Acquisition Of One Of The Largest Port Terminals In The United States appeared first on Marine Insight – The Maritime Industry Guide

Source: Maritime Shipping News