SINGAPORE (June 15): CMA CGM S.A. and PSA Singapore Terminals on Wednesday announced the formation of a joint venture company, CMA CGM-PSA Lion Terminal (CPLT).
CPLT will operate and use four mega container berths at Pasir Panjang Terminal in Singapore operations from the second half of 2016.
CMA CGM and its shipping line affiliates will have access to industry-leading port infrastructure and technologies at this latest Pasir Panjang expansion, which has the capacity and scale of operations to better serve mega vessels in the region.
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