CMA CGM in Africa Terminal Plan

CMA CGM, the third largest shipping line globally, is to invest in a terminal in Lobito in Angola.

PTI previously reported that CMA CGM had announced the acquisition of shipping company OPDR in a bid to broaden its regional network.

According to Trade Winds, CMA CGM plans to partner with logistics solutions provider Multiparques Group in a bid to allow the facility to be operational by 2015.

Alexis Michel, CMA CGM group Logistics and Reefer Senior Vice President, said: “This not only allows Benguela and Huambo – two major Angola cities – service, but also thanks to the new railroad renovation, to link the city to the Democratic Republic of Congo and Zambia copper-belt mining region to the sea.

“Those different elements promise the port of Lobito [to] a great intermodal future”.

Lobito is an area that ship-owners view as a strategic entry point in West Africa.

CMA CGM in Africa Terminal Plan. (Source: CMA CGM)