CMA CGM Group makes Kingston Containers Terminal

The CMA CGM Group, one of the world's top container shipping companies, recently announced that Mr. Farid T. Salem, CMA CGM Group Executive Officer, signed on April 7th, in Kingston, Jamaica, an agreement with the Port Authority of Jamaica granting the CMA CGM Group the concession of Kingston Container Terminal for 30 years. Mrs. Portia Simpson Miller, Jamaica Prime Minister, and Mr. Jean-Pierre Bel, the French President Francois Hollande Special Representative in Latin America and the Caribbean, attended the event.

With CMA CGM, Kingston becomes one of the major transshipment hub ports in the Caribbean
With a total 2,400 meters of wharf, a 80 ha surface and 15.5 meters draught, Kingston Container terminal will increase its annual capacity up to 3.6 million TEU containers. It will be equipped with 14 gantry cranes and 60 port riders.

The terminal extension will turn Kingston into one of the Caribbean top five ports.

The terminal, where CMA CGM market share accounts for about 35 to 40%, will be open to all shipping lines benefitting from the same quality of services and treatment without discrimination.

A key development for the CMA CGM Group port offer
With Kingston Container Terminal, the CMA CGM Group reinforces its presence in terminals. The CMA CGM Group has been operating 24 terminals worldwide and handles more than 14 million TEU each year via its two dedicated entities. They reinforce the Group's additional services to maritime transport offer.

This investment is part of the CMA CGM Group global development plan in this world area, including new vessels more adapted to markets, as well as the creation of logistics platforms and the volume increase development in ports - for instance in the French Antilles.
 

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