CMA CGM developing $600M Vietnam container terminal
French container line CMA CGM is partnering with Saigon Newport Corp. on a $600-million container terminal project in north Vietnam. The post CMA CGM developing $600M Vietnam container terminal appeared first on FreightWaves.
CMA CGM Group is partnering with Saigon Newport Corp. to develop a new deepwater container terminal in Haiphong, northern Vietnam.
The agreement covers the design, construction, and operation of the Lach Huyen terminals 7 and 8. The terminal will have a capacity of 1.9 million TEUs and is scheduled to open in 2028.
Thailand is emerging as the biggest winner in Trump's trade war. Container volumes to the US are up 67% year over year.
Vietnam volumes up 34% YoY.
Source: GoSONAR pic.twitter.com/nu1FS8Otds— Craig Fuller 
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