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CMA Terminals divests Russian holdings 

Photo of Sam Chambers Sam ChambersJanuary 2, 2023
2,665 Less than a minute
CMA CGM

CMA CGM has come up with a deal to divest its interests held in Russian ports with Global Ports. 

The French liner is exchanging its 25% stake in Russia’s Yanino Logistics Park and Moby Dik ocean terminal for an additional 25% stake in Finnish terminal operator Multi Link Terminal, which operates at the Port of HaminaKotka. 

Danish carrier Maersk had earlier also divested its holding in Global Ports, Russia’s top terminal operator, which is controlled by Delo Group. 

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Photo of Sam Chambers Sam ChambersJanuary 2, 2023
2,665 Less than a minute
Photo of Sam Chambers

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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