URGENT UPDATE: CMA CGM has just announced a groundbreaking initiative valued at approximately $10 billion, teaming up with Stonepeak to create United Ports LLC, a joint venture designed to revolutionize U.S. port operations. Stonepeak will acquire a 25% stake for $2.4 billion, while CMA CGM retains operational control over this formidable portfolio of ten terminals across six countries.
This partnership is poised to reshape the U.S. waterfront, bringing together major facilities such as Fenix Marine Services at the Port of Los Angeles and Port Liberty in New York. The deal signals a robust expansion strategy amid a broader push for enhanced maritime and logistics capacity in the U.S., following CMA CGM’s earlier commitment of $20 billion announced in March 2025.
The newly formed United Ports LLC combines ten strategically significant CMA CGM-operated terminals, including locations in Santos (Brazil), Valencia and Bilbao (Spain), Nhava Sheva (India), Kaohsiung (Taiwan), and Gemalink (Vietnam). This comprehensive portfolio enhances CMA CGM’s global footprint while allowing Stonepeak to inject additional funds, with potential future investments of $3.6 billion earmarked for joint terminal projects.
Why This Matters Now: The implications of this deal are significant for U.S. ports, especially as both companies aim to expedite terminal investments without disrupting current operations. As CMA CGM reinvests the proceeds into expanding shipping and logistics capabilities, stakeholders in the industry—regulators, port authorities, and shippers—are watching closely. This move could lead to faster container handling and reduced bottlenecks at some of the busiest terminals worldwide.
The transaction is expected to close in the second half of 2026, pending regulatory approvals, including antitrust and foreign investment reviews. Stonepeak has emphasized the necessity of these evaluations, which will ultimately determine the timeline for operational transitions and the flow of capital.
As CMA CGM and Stonepeak prepare for this transformative venture, the message is clear: there’s potential for a significant shift in terminal ownership and operational efficiency. The establishment of United Ports LLC is not just a financial maneuver; it’s a strategic play to secure a competitive edge in the maritime industry.
In conclusion, this substantial investment by CMA CGM and Stonepeak marks a critical moment for U.S. ports, with the potential to enhance logistics infrastructure and address current capacity challenges. As developments unfold, the industry will be keenly observing how this partnership translates into improved operations for global shipping routes.
Stay tuned for more updates on this rapidly evolving story.
