CMA CGM to set up vehicle port operations at Koper CMA CGM has signed a declaration for a joint venture with Luka Koper to manage automotive logistics services on a 27,000 sq.m area of land. The logistics provider is aiming to move finished vehicles in containers from Asia through the facility, with volumes expected be between 5,000-10,000 units annually. Marcus Williams
CMA CGM plans new $450m terminal at Saudi port in JV investment deal CMA CGM and RSGT have signed a term sheet for a potential joint venture, investing $450m in building a fourth terminal at Jeddah Islamic Port in Saudi Arabia. James McLoughlin