CMA CGM developing $600M Vietnam container terminals
French container line CMA CGM is partnering with Saigon Newport Corp. on a $600 million container terminal project in northern Vietnam. The post CMA CGM developing $600M Vietnam container terminals appeared first on FreightWaves.
CMA CGM Group is partnering with Saigon Newport Corp. to develop a new deepwater container complex in Haiphong, northern Vietnam.
The agreement covers the design, construction and operation of the Lach Huyen terminals 7 and 8. The complex will have combined capacity of 1.9 million twenty-foot equivalent units 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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