News / CMA CGM wins concession to operate Beirut's container terminal

CMA CGM’s terminal operating subsidiary CMA Terminals has won the 10-year concession to manage, operate and maintain the Port of Beirut’s container terminal, starting in March.

The French carrier, controlled by the Saade family which has strong roots in Lebanon (the CMA part of CMA CGM was founded by brothers Jacques and Jonny Saade in Lebanon some 43 years ago), said it currently accounts for about 55% of the port’s box volumes.

According to the eeSea liner database, CMA CGM is active ...