CMA CGM and Adani to operate Mundra’s new terminal
CMA CGM’s subsidiary CMA Terminals and Adani Ports and Special Economic Zone (APSEZ) have signed a joint venture (JV) agreement to operate a new container terminal at Mundra Port, India, for 15 years.
The agreement to operate the new CT4, which was completed three months ahead of schedule, can be extended twice for ten more years.
The terminal, which will be the only container facility on the west coast of India able to accommodate the world’s largest container ships, has an annual capacity of 1.3m teu.
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