CMA CGM to invest US$20bn into US maritime industry over next four years

CMA CGM has announced a US$20bn investment to contribute to US maritime economy and support the transformation of America’s domestic supply chain over the next four years. 

The Group will develop port infrastructure in key locations, including New York, Los Angeles, Dutch Harbor, Houston and Miami, and these investments will contribute to efficient operations and supply chains, accelerated digitisation and improved connectivity, and increased safety for port workers and cargo. 

CMA CGM will also contribute to the development of American maritime capabilities through a range of targets investments and advances the US administration’s priority to strengthen American shipbuilding capabilities.