CMA CGM and APM Terminals sign agreements in France and the US

Dunkirk:

Terminal Link, CMA CGM’s subsidiary dedicated to container terminal investment, has increased its shares in Nord France Terminal International (NFTI) from 30% to 91% through the acquisition of APM Terminals‘ 61% share.

The other 9% remains owned by the Port Authority of Dunkirk.

NFTI operates a container terminal with modern super post panamax gantry cranes, providing customers with direct road, rail and barge access to Northern France, the Paris region and Central Europe. The port is an extremely attractive operational choice for shipping lines with no deviation from the main shipping lane in the English Channel combined with a natural deepwater port.

CMA CGM is currently NFTI’s main customer, operating four regular services to Dunkirk: the North Europe French West Indies (NEFWI), the French Asia Line 3 (FAL3), the Panama Direct (PAD service) and the Europe/Morocco service.   

Alabama:

APM Terminals increased its shares in Mobile Container Terminal (MCT) from 80% to 100% through the acquisition of Terminal Link’s 20% share.

Opened in November 2008, the Gulf Coast gateway is located at the intersection of five Class 1 Railroads, with immediate access to Interstates 10 and 65, and located thirty miles from open ocean.

MCT offers an enhanced option in the US Gulf for reaching Midwest markets, as well as Alabama and neighbouring states.

Operated and managed by APM Terminals, MCT has a capacity of 350,000 TEU, and will be developed in phases to a full build-out annual capacity of 800,000 TEU.