Independent journal on economy and transport policy
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CMA CGM - PSA for the management of four docks of the Pasir Panjang Terminal of Singapore
CMA CGM-PSA Lion Terminal will become operating in the course of the second half of the year of this year
June 15, 2016
the French shipowning group CMA CGM and terminalista group PSA of Singapore has constituted joint venture CMA CGM-PSA Lion Terminal Pte. Ltd. (CPLT) that it will manage four docks that take part of third and fourth phase of the plan of the Pasir Panjang Terminal (PPT), that they constitute the phases of widening of the terminal of the port of Singapore and preview the construction of 15 new docks for a total of six linear kilometers of approaches, in order to realize which group PSA has invested altogether 3,5 billion dollars of Singapore (USA 2,6 billion dollars).
the new society will become operating in the course of the second half of the year of this year.
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