Independent journal on economy and transport policy
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Al group CMA CGM 25% of the new container Nigerian terminal of Lekki
the quota will be yielded by ICTSI to CMA Terminals
January 28, 2014
The terminalista group Philippine International Container Terminal Services, Inc. (ICTSI) will yield for 25 thousand dollars 25% of the share capital of the Lekki International Container Terminal Services LFTZ Enterprise (LICTSLE), society that will manage a container terminal in the new Nigerian port of Tolaram Port@Lekki ( on 10 August 2012), to CMA Terminals, society integrally controlled from the French shipowning group CMA CGM. The understanding previews that CMA Terminals makes cargo also of 25% of the debits and the accrued expenses of LICTSLE, of which remaining 75% of the capital will remain to the ICTSI.
The new container terminal, that it will cover an area of 66 hectares and will have a dock of 1.200 linear meters, will become operating in 2017 and will have a annual ability to traffic pairs to 2,5 million teu.
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