Middle EastPorts and Logistics

CMA CGM details its plans to rebuild Beirut port

France’s CMA CGM, whose founding family hail from Lebanon, has presented a plan to rebuild Beirut port within three years. A huge chemical explosion last August decimated the port and killed 200 people.

CMA CGM plans to rebuild Lebanon’s main maritime gateway are estimated to cost between $400m to $600m.

CMA CGM is not alone in being linked to resuscitating the Lebanese port. On Friday, German companies presented a separate multi-billion-dollar plan to rebuild Beirut’s port while Chinese interests and Dubai’s DP World have also been reported looking at the huge project.

The $7.2bn German proposal comes from a consortium including Hamburg Port Consulting and real estate company Colliers International and calls for the port to be moved away from the city centre.

A tender to run a container terminal in the Lebanese capital is set to restart later this month with both CMA CGM and MSC tipped to bid.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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