CMA CGM invests in Indian container terminal

France-based CMA CGM has signed a joint venture with Adani Ports for a fourth container terminal in the Indian port Mundra, which will be the biggest container terminal in the country.

France-based CMA CGM  Group through its dedicated subsidiary CMA Terminals and India-based Adani Ports (APSEZ) have signed an agreement to expand the biggest private port in India, Mundra, with a fourth container terminal.

When the work is done in 24 months, it will be a 650 meters terminal along with 27 hectares of back area capable of handling 1.3 million TEUs annually, CMA CGM writes in a press release. Mundra will become India’s largest container port with a total Container handling capacity reaching 5.5 million TEUs and big enough to handle 18,000 TEU container vessels.

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