French shipping giant CMA CGM and U.S. infrastructure investor Stonepeak have announced the launch of a major port terminal joint venture valued at approximately $10 billion overall, anchored by a $2.4 billion investment from Stonepeak for a 25 % minority stake.
The new company — United Ports LLC — brings together 10 CMA CGM-operated terminals across six countries under a single global platform.
Port terminals are critical pieces of global trade infrastructure. By consolidating major terminals into United Ports LLC, CMA CGM and Stonepeak aim to enhance investment capacity, efficiency and operational scale, which can improve cargo handling and supply-chain resilience.
CMA CGM has heavily invested in terminals to reduce reliance on ocean freight rates alone, diversifying revenue and strengthening control over key parts of the global logistics chain.