CMA CGM inks Nigerian terminal deal
CMA CGM Group has signed a memorandum of agreement with Lekki Port LFTZ Enterprise (LPLE), the promoters of Nigeria’s Lekki Deep Sea Port, to operate the port’s future container terminal.
The future Lekki Deep Sea Port will be developed, built and operated by LPLE, a joint venture enterprise led by the Tolaram Group, the Lagos State Government and the Nigerian Ports Authority.
CMA CGM, through its subsidiary CMA Terminals, will be responsible for marketing, operations and maintenance of the container terminal at Lekki Deep Sea Port.
Lekki port will have two container berths by 2020 and will be Nigeria’s first deepsea port.
CMA CGM believes the choice of Lekki Port, which will aid the reduction of congestion in the port of Lagos, is fully in line with the CMA CGM Group’s development in the region.
“We are pleased to sign this Memorandum of Agreement with LPLE to operate Lekki Port’s container terminal. As Nigeria’s first deep sea port, Lekki Port represents a strategic choice for the CMA CGM Group. Thanks to its position and capacity, Lekki Port will allow us to bring to Nigeria larger container ships from Europe and Asia to better serve our customers and pursue our commitment to the development of the entire region. With CMA CGM’s unique service offering and expertise combined with our logistics and inland services, our presence in Lekki Port will benefit the entire Nigerian supply chain and market as well as neighboring countries,” said Farid T. Salem, executive officer of the CMA CGM Group.