CMA CGM and PSA Singapore Terminals have announced the formation of a joint venture company CMA CGM-PSA Lion Terminal to operate and use four mega container berths at Pasir Panjang Terminal Phases 3 and 4 in Singapore.
The joint venture will start operations from the second half of 2016 and provide long-term terminal services to CMA CGM and its shipping line affiliates.
“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,” said Rodolphe Saadé, vice chairman of CMA CGM Group.
http://splash247.com/cma-cgm-and-psa-con...%E2%80%A8/
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