-
The CMA CGM Group and infrastructure investment firm Stonepeak completed the formation of UNITED PORTS LLC following receipt of all required regulatory approvals
-
Stonepeak invested $2.4 billion for a 25% stake in the joint venture, while CMA CGM retains 75% ownership and operational control
-
UNITED PORTS combines nine CMA CGM-operated terminals in the U.S., Brazil, Spain, Taiwan, and Vietnam
-
CMA CGM’s stake in Nhava Sheva Freeport Terminal is expected to be added, subject to regulatory approval
-
Stonepeak may put in an additional investment of up to $3.6 billion
The CMA CGM Group and infrastructure investment firm Stonepeak have completed the formation of UNITED PORTS LLC following receipt of all required regulatory approvals, the companies announced.
Under an agreement announced in January 2026, Stonepeak acquired a 25% stake in the new entity through a $2.4 billion investment, while CMA CGM retained a 75% ownership interest and full operational control of the joint venture.
UNITED PORTS LLC brings together nine major CMA CGM-operated port terminals across five countries: United States, Brazil, Spain, Taiwan, and Vietnam.
It covers Fenix Marine Services in Los Angeles, Port Liberty in New York and Bayonne, Santos, CSP Valencia, Bilbao, TTI Algeciras, Kaohsiung Terminal, and Gemalink
The portfolio is expected to expand with the addition of CMA CGM’s stake in Nhava Sheva Freeport Terminal, subject to regulatory approvals.
CMA CGM and Stonepeak aim to speed up the growth and modernization of the terminal network through investments in expanding port capacity, acquiring new cargo-handling equipment, improving rail and inland transport connections, and developing infrastructure for decarbonizing port operations. This includes electrifying equipment and establishing shore power facilities.
Stonepeak might also allocate an extra $3.6 billion via UNITED PORTS LLC to explore new high-growth port assets in partnership with CMA CGM.
CMA CGM said the transaction marks another milestone in its port infrastructure strategy and is expected to accelerate investments in new port capacity while strengthening its integrated logistics offering for customers.
READ: Global terminal operators post strong growth, invest more in 2025
