Korean port investment for CMA CGM

The new facility will benefit from highly automated equipment able to handle up to 2.7m teu each year. It will have a 1,400 m long quay, 12 container cranes and a draught of 17 m, allowing container vessels of up to 12,000 teu capacity to berth.

Busan 2-3 is CMA CGM’s first port investment in South Korea, and the second one in Asia (a cooperation agreement was signed in Xiamen in November 2007). According to the French company, the project demonstrates the strong relationship between the Group and South Korea, where giant CMA CGM container vessels are currently being built.

To date, CMA CGM Group has invested in 23 container terminals worldwide, as part of a strategy aimed at securing berthing space for its ships and ensuring the speed and efficiency of its shipping operations.