FRENCH container line CMA CGM has announced the launch of a new company, United Ports, which will acquire 10 of its terminals around the world.

United Ports will be 75% owned by CMA CGM, and 25% owned by infrastructure investment specialist Stonepeak, which acquired its minority stake for $2.4bn. CMA CGM will remain in full operational control.

The deal involves 10 of CMA CGM’s key terminals, including Los Angeles Fenix Marine Services (United States), Port Liberty terminals in New York and Bayonne (United States), Santos terminals (Brazil), CSP Valencia and CSP Bilbao (Spain), Terminal Maritima del Guadalquivir (Spain), TTI Algeciras (Spain), Nhava Sheva Freeport Terminal (India), CMA CGM Kaohsiung Terminal (Taiwan), and Gemalink in Cai Mep (Vietnam).

This announcement is only “the beginning of a long-term relationship between CMA CGM and Stonepeak, including the potential to develop and support future investment capacity and new terminal projects in the US and globally”, the French line said.

As part of the transaction, Stonepeak will have the opportunity to contribute an additional $3.6bn for future joint terminal projects.

CMA CGM said it plans to reinvest the $2.4bn from Stonepeak in “the continued growth of group core businesses, while expanding supply chain capacity to meet the ever growing demand for state-of-the-art shipping and logistics solutions across sea, land, air and logistics”.

The transaction is expected to be completed in the second half of 2026.