The French shipowning group CMA CGM has signed with the Syrian General Authority for Land and Sea Ports a new contract to manage the container terminal of the port of Lattakia. He gave it news agency "Reuters" specifying that The new agreement would contain changes to the distribution of revenues deriving from the concession contract and the duration of the contract same.

The French group has been operating the terminal since 2009 and the contract had been renewed last October for a duration of of a further 30 years when the Syrian Arab Republic was still under the presidency of Bashar al-Assad who last December was fled to Syria following the seizure of power by the opposition forces to the regime that have established a government of transition.