CMA CGM Signs Pact with Port of Kribi The CMA CGM Group is pleased to announce that on July 25, 2017, the official signing ceremony for the concession agreement of the new container terminal was held in Kribi, Cameroon, chaired by the Minister for Transport, Edgar Alain Mébé Ngo’o. Following an international call to tenders, the consortium of the French groups CMA CGM and Bolloré Transport & Logistics as well as the Chinese group CHEC, were granted the funding and the operation of the Kribi Container Terminal, which they will manage for 25 years under a Public-Private partnership with the State of Cameroon. Kribi Containers Terminal will be backed by a solid and complementary shareholder base: CMA CGM, which ships more than 35% of containers from the West African Coast and operates over 30 terminals worldwide, Bolloré Transport & Logistics, which has been operating in Africa and Cameroon for over 50 years,; the Chinese CHEC, a renowned builder that is...
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