Monday, May 16, 2022
  • Advertise With Us
Container Management
  • Home / News
  • Archive
  • About Us
    • About Container Management
    • The Team
    • Privacy Policy
  • Free Weekly Newsletter
  • Subscribe
    • Container Management Subscriptions
    • Request a Free Copy of Container Management
    • World Top Container Ports & Map
  • Advertising
  • Contact Us
  • Login
  • Register
No Result
View All Result

No products in the cart.

Container Management
Home News

CMA CGM completes sale of eight port terminals to Terminal Link for US$815m

March 30, 2020
in News, Top News
0 0
CMA CGM and CEVA reinforce industrial cooperation

CMA CGM chairman and CEO Rodolphe Saade

Share on FacebookShare on Twitter

CMA CGM Group has closed the first part of its agreement with China Merchants Port (CMP), with the sale of its stakes in eight port terminals to Terminal Link for US$815m in cash.

The transaction, which is part of the French company’s US$2.1bn liquidity plan, is meant to help it reduce its debt and immediately increase its liquidity.

This plan among others aims to reduce CMA CGM’s consolidated debt by more than US$1.3bn by the end of first-half 2020 and allows to extend certain financing facilities maturing during the year.

You need a free subscription to read the entire article.

Login if you have already subscribed.

Subscribe

Subscribe for FREE and gain access to all our content.
More than 5000+ articles.

Subscribe Now
Previous Post

Identec Solutions launches new 5G-compatible IoT solutions

Next Post

Stockholm Norvik Port receives super post-Panamax cranes

Related Posts

Port of Salalah adds new RTGs and mobile harbour cranes
News

Port of Salalah adds new RTGs and mobile harbour cranes

May 16, 2022
Port of Barcelona launches Innovation Plan
News

Port of Barcelona launches Innovation Plan

May 16, 2022
Hapag-Lloyd upgrades forecast for financial year 2020
News

Results reveal strong start to the year for Hapag-Lloyd

May 13, 2022
News

CMA CGM launches early container return incentive programme

May 13, 2022
ICTSI invests in IT upgrades at Manila hub
News

ICTSI invests in IT upgrades at Manila hub

May 12, 2022
CMA CGM and PSA expand collaboration with new digital solutions to reduce carbon footprint
News

CMA CGM and PSA expand collaboration with new digital solutions to reduce carbon footprint

May 12, 2022
Next Post
Stockholm Norvik Port receives super post-Panamax cranes

Stockholm Norvik Port receives super post-Panamax cranes

Other News

Port of Salalah adds new RTGs and mobile harbour cranes

Port of Salalah adds new RTGs and mobile harbour cranes

May 16, 2022
Port of Barcelona launches Innovation Plan

Port of Barcelona launches Innovation Plan

May 16, 2022
Hapag-Lloyd upgrades forecast for financial year 2020

Results reveal strong start to the year for Hapag-Lloyd

May 13, 2022

CMA CGM launches early container return incentive programme

May 13, 2022
ICTSI invests in IT upgrades at Manila hub

ICTSI invests in IT upgrades at Manila hub

May 12, 2022
CMA CGM and PSA expand collaboration with new digital solutions to reduce carbon footprint

CMA CGM and PSA expand collaboration with new digital solutions to reduce carbon footprint

May 12, 2022

BROWSE BY TOPICS

2014 APM Terminals business China CMA CGM container containers container terminal DP World dredging Drewry elementum Europe expansion government Hamburg Hamburg Süd ICTSI ilwu India infrastructure intermodal investment Kalmar Konecranes Long Beach Los Angeles Maersk Manila Navis news Port ports privatisation Russia ship shipping strike terminal throughput UASC United States US USA West Coast

Search Container Management

No Result
View All Result

Twitter Feed

Container Management

Container Management (cm) has been published for more than 30 years serving the port, terminal, intermodal and container handling equipment industries worldwide.

Follow us:

Latest News

Port of Salalah adds new RTGs and mobile harbour cranes

Port of Salalah adds new RTGs and mobile harbour cranes

May 16, 2022
Port of Barcelona launches Innovation Plan

Port of Barcelona launches Innovation Plan

May 16, 2022
Hapag-Lloyd upgrades forecast for financial year 2020

Results reveal strong start to the year for Hapag-Lloyd

May 13, 2022

Twitter

Newsletter Sign Up

  • About Us
  • Advertise
  • Contact Us

© 2022 Container Management - Website Design by WillcoxMedia.

No Result
View All Result
  • Home / News
  • Archive
  • About Us
    • About Container Management
    • The Team
    • Privacy Policy
  • Free Weekly Newsletter
  • Subscribe
    • Container Management Subscriptions
    • Request a Free Copy of Container Management
    • World Top Container Ports & Map
  • Advertising
  • Contact Us

© 2022 Container Management - Website Design by WillcoxMedia.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
sponsored
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?