Business Joint venture

CMA CGM, Stonepeak Form Port Terminal JV

Analysis based on 7 articles · First reported Jan 28, 2026 · Last updated Feb 17, 2026

Sentiment

Attention

Articles

Market Impact

Direct

Live prominence charts, article sentiment distribution, and event development timeline available on the NewsDesk Dashboard

Market Impact

The joint venture between CMA CGM Group and Stonepeak is expected to positively impact the shipping and logistics sectors by strengthening port terminal investments and expanding supply chain capacity. This move provides CMA CGM with capital for growth and Stonepeak with a strategic investment in critical infrastructure.

Shipping Logistics Infrastructure

Event Summary

CMA CGM Group and Stonepeak have formed a US joint venture, United Ports LLC, to acquire 10 major CMA CGM-operated port terminals worldwide. Stonepeak has invested $2.4 billion for a 25% minority stake in the JV, with CMA CGM retaining 75% ownership and full operational control. The transaction includes key facilities in Los Angeles, New York, Santos, Valencia, Bilbao, Algeciras, Nhava Sheva, Kaohsiung, and Cai Mep. CMA CGM plans to reinvest the proceeds into its core businesses and expand supply chain capacity. Stonepeak sees this as a differentiated opportunity to invest in high-quality infrastructure and has the potential to contribute an additional $3.6 billion for future joint terminal projects. The deal is subject to regulatory approvals and is expected to close in the second half of the year.

Key Actions

100 CMA CGM launched a joint venture Stonepeak

95 Stonepeak invested $2.4 billion for a 25% minority stake United Ports LLC

80 CMA CGM reinvest proceeds into core businesses and expand supply chain capacity

Entities Involved

priv

CMA CGM

CMA CGM Group has formed a joint venture with Stonepeak, selling a 25% minority stake in 10 of its port terminals for $2.4 billion. This strategic partnership allows CMA CGM to reinvest proceeds into its core businesses and expand supply chain capacity, while retaining full operational control of the terminals.

Importance 100 Sentiment 70

priv

Stonepeak

Stonepeak has invested $2.4 billion for a 25% minority stake in United Ports LLC, a joint venture with CMA CGM Group, acquiring a share in 10 major port terminals. This provides Stonepeak with a differentiated opportunity to invest in high-quality, strategically located infrastructure assets and potentially contribute an additional $3.6 billion for future projects.

Importance 90 Sentiment 70

priv

United Ports LLC

United Ports LLC is the joint venture created by CMA CGM Group and Stonepeak to acquire and manage 10 major port terminals. CMA CGM holds a 75% stake and full operational control, while Stonepeak holds 25%.

Importance 80 Sentiment 60

per

Rodolphe Saadé

Rodolphe Saadé, chairman and chief executive of CMA CGM Group, highlighted the importance of the joint venture with Stonepeak for developing CMA CGM's terminal activities globally and strengthening its ability to invest further in port terminals.

Importance 50 Sentiment 60

per

James Wyper

James Wyper, head of transportation & logistics at Stonepeak, emphasized the strategic value of investing in a portfolio of high-quality terminals alongside CMA CGM Group, recognizing container terminals as difficult-to-substitute infrastructure assets.

Importance 30 Sentiment 60

Relationships

CMA CGM related ↔ Stonepeak

CMA CGM related ↔ United Ports LLC

Stonepeak related ↔ United Ports LLC

NEWSDESK

Track this event live

Set up alerts, explore entity relationships, search across thousands of events, and build custom intelligence feeds.

Open Dashboard