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Alphaliner: Former APL-exec in charge of selling CMA CGM's port assets

A former APL CEO will lead the sale of CMA CGM's terminal assets, writes Alphaliner. The sale is aimed at relieving the large debt accrued from acquiring Ceva, and, according to Bloomberg, China Merchants seems to be the favorite among potential buyers.
Photo: PR / CMA CGM
Photo: PR / CMA CGM
by CHRISTIAN CARLSEN

Lars Kastrup, APL's former chief executive, has been charged with selling parts of CMA CGM's terminal assets, writes Alphaliner.

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