, Singapore

CMA CGM and PSA launch phase 2 of container terminal JV in Singapore

The joint venture now has total operating capacity of 4 million TEUs.

The CMA CGM Group and PSA on Monday launched the second phase of their container terminal joint venture in Singapore.

The CMA CGM - PSA Lion Terminal (CPLT) started operations with two mega container berths at PSA Singapore’s Pasir Panjang Terminal 5 (PPT 5) that had an initial annual capacity of 2 million TEUs (twenty-foot equivalent units) in July 2016.

With the addition of two more berths under Phase 2 of its development, CPLT is now equipped with a total operating capacity of 4 million TEUs.

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