CMA CGM Group has signed a partnership agreement with Saigon Newport Corporation (SNP) to develop a new deep-water terminal in Haiphong, northern Vietnam, marking a significant expansion of its presence in Southeast Asia. This development comes at a crucial time for Vietnam’s economy, which has seen dramatic growth in container volumes, particularly in the northern region which has emerged as one of Southeast Asia’s fastest-growing economic zones. CMA CGM already maintains substantial terminal operations in Vietnam, including co-ownership of the Gemalink terminal in Cai Mep and the Vietnam International Container Terminal in Ho Chi Minh City.
Author: Mike Schuler
Published at: 2025-05-27 22:36:49
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