CMHI acquires share in Terminal Link

The two companies have described the move as being “a highly beneficial strategic partnership” for both parties in operating and developing container terminals globally.

Terminal Link operates, develops and invests in a network of 15 terminals located on the world’s key international shipping routes; the operator ranks 12 in the world based on throughput handled, with a volume of 8.1m teu handled in 2011. Its parent company, CMA CGM Group Based in Marseilles, France, is the world’s third largest container shipping company.

CMHI is the largest public port operator in China that has invested in and operates eight port businesses in the cities of Shenzhen, Hong Kong, Shanghai, Ningbo, Qingdao, Tianjin, Xiamen and Zhanjiang. In recent years it has added assets in Sri Lanka and in Africa to its port portfolio. In 2012 it handled a total in excess of 60m teu.