CMA CGM and PSA form a container terminal joint venture in Singapore
CMA CGM S.A. (CMA CGM) and PSA Singapore Terminals Pte. Ltd. (PSA) have formed a joint venture company CMA CGM-PSA Lion Terminal Pte. Ltd. (CPLT) to operate and use four mega container berths at Pasir Panjang Terminal Phases 3 and 4 in Singapore.
CPLT started operations in July 2016, and has allowed CMA CGM and its shipping line affiliates to leverage industry-leading port infrastructure and technologies at this latest Pasir Panjang expansion, which has the capacity and scale of operations to better serve mega vessels in the region.
CPLT provides long-term terminal services to CMA CGM and its shipping line affiliates hence securing best-in-class services for its fleet.
Mr Rodolphe Saadé, Vice Chairman of CMA CGM Group: “CMA CGM is pleased to announce this important partnership with PSA. It is a significant step, demonstrating the ongoing importance of Singapore to our strategy, and delivering on our commitment to making Singapore the Asian hub for the Group.”
Mr Tan Chong Meng, Group CEO of PSA International: “We are honoured to embark on this win-win partnership. CMA CGM-PSA Lion Terminal will cater to the volume growth of the CMA CGM Group in Asia. PSA looks forward to working alongside CMA CGM to ensure that its hub operations flourish, and enhance Singapore’s premier status as the world’s busiest transhipment hub.”
Company Details
- Founded
- -
- Industry
- Maritime Transportation
- NAICS
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Water TransportationDeep Sea, Coastal, and Great Lakes Water TransportationInland Water TransportationDeep Sea Freight TransportationDeep Sea Passenger TransportationCoastal and Great Lakes Freight TransportationCoastal and Great Lakes Passenger TransportationInland Water Freight TransportationInland Water Passenger Transportation
Cma Cgm-Psa Lion Terminal Questions
Cma Cgm-Psa Lion Terminal's LinkedIn profile is https://www.linkedin.com/company/cma-cgm-psa-lion-terminal
Cma Cgm-Psa Lion Terminal's industry is
Maritime Transportation
Cma Cgm-Psa Lion Terminal's top competitors are
Saudi Global Ports,
Ocean Network Express,
Duy Hưng Logistics,
Cma Cgm,
Cse Cma Cgm,
Dsv - Global Transport And Logistics,
Psa International,
Cosco Shipping Europe,
Cma Cgm Global Business Services (India),
Sotrans Group.
Cma Cgm-Psa Lion Terminal's categories are Maritime Transportation
Cma Cgm-Psa Lion Terminal's founding year is 2016
