b'NOVEMBER 8 - 21, 2021TERMINAL OPERATORS 5CMA CGM to acquire major West Coast port terminalFenix Marine Services is a major investment in the Los Ange-les/LongBeachregion,theUSmarketsmoststrategicgate-way. The acquisition includes plans to accelerate the terminals development to offer more capacity. The CMA CGM Group, a worldbusiness while supporting the growth leader in shipping and logistics, hasandefficiencyofitsshippinglines, signed an agreement to acquire 90%andincreasingservicequalityfor stakeintheFenixMarineServicesits clients, in a context that requires (FMS) terminal in Los Angeles, cur- acomprehensiveapproachtothe rently held by EQT Infrastructure III,supply chain.based on an enterprise value of USD With this acquisition, funded from 2.3 billion. Currently holding a 10%its own resources, CMA CGM is bol-stake in the terminal, CMA CGM willstering its position as a global port ter-become sole owner of the FMS facil- minal operator. Currently, the Group ity post transaction closing. has investments in 49 port terminals in 27 countries, through its two sub-s tAte - of - the -A rti nfrAstructure sidiaries CMA Terminals and Termi-At theh eArt ofo ne of the nal Link (joint venture).w orldsl ArgestP ortr egions RodolpheSaad,Chairmanand FMS is the third-largest terminalCEO of the CMA CGM Group, said: in the Los Angeles/Long Beach portThe swift recovery of the global econ-area in terms of capacity (around 2.5omy has demonstrated the importance million TEU) and one of the largestof ports and logistics infrastructure.in North America. The terminal also benefits from a long-term concession agreement (through 2043). B R A T IThe FMS terminal has a strategicL E N Gdeep-water location and boasts first- C Eclass infrastructure: 4 berths, each more than 1,000 feet long and with a draft of 50 feet; 16 cranes, 8 of which are capable of1920-2020serving very large ships; O E 8 rail tracks located within the ter- F SERVICminal,ensuringfirst-classrailcon-nectivity; SUCCESS STARTS WITH A WINNING TEAM!a292-acrecontaineryard,more than 700 reefer plugs with 24/7 reefer monitoring. A major investment followed by planSince our establishment in 1920, we haveWE OFFER OUR CUSTOMERS:to accelerate terminal development been providing our global customers a Afterclosing,theCMACGMpremier level of service through superior On-site Storage and Multi-modal Group will take over the operations ofhandling and performance, technologicalDistribution Servicesthis strategic industrial facility with aadvancements, and a perpetual eyeCustomer Access to 24 hour Inventory Tracking goal of improving its service quality. on customer satisfaction. Also, we offer one Standard Berths and Ro-Ro Ramps are available As part of its plan, the Group willof the most cost effective and reliable labor Specially engineered Lifting Gearaccelerate FMS development with sig- forces in the North Atlantic.Container Transloading from / to Rail or Trucknificant investment in the coming years:extensionofthecontaineryardtoWe have the ability to accommodate a On-site service provided by 2 Class I increase the terminals capacity in avariety of automobile, breakbulk, bulk,Rail Carriersstaged approach, container and forest products. Our Efficient Distribution to Two Thirds of theexpansionoftheterminalsraildistinction, is based on our ability to closelyUnited States and Canadian populations within capacity in order to create one of thecoordinate your Stevedoring, Warehousing48 - 72 Hours largest rail infrastructures in the US, and Distribution Logistics.construction of a new berth, continuation of the terminals digital transformation.By early 2022, the FMS terminal willwelcomethefirstCMACGM liquefied natural gas-powered 15,000-TEU ships to be deployed on routes between Asia and the United States.TheclosingofthistransactionFOR MORE INFORMATION remainssubjecttotheapprovalof the competent regulatory authorities. CONTACT US AT:HSBC Continental Europe actedJH STEVEDORING, INC. as financial adviser and Willkie Farr2147 South Columbus Blvd. & Gallagher as legal counsel to CMAPhiladelphia, PA 19148CGM Group for this transaction. TEL: 215-218-3060TheCMACGMGroupisoneFAX: 215-218-3078ofthelargestcarriersofcontainersWEB: www.jhstevedoring.comon Transpacific routes, operating 24 services.ItalsooffersspecializedPENN WAREHOUSING & DISTRIBUTION, INC. services (value-added services, EXX2147 South Columbus Blvd. express service, APL services deploy- Philadelphia, PA 19148ing U.S.-flag ships as part of the U.S.TEL: 215-218-3000FAX: 215-218-3043governments Maritime Security Pro- WEB: www.pennwarehousing.comgram, etc.) in the Los Angeles/Long Beach region.s trengthening theg rouPsP ositionAs Ac lobAlP ortt erminAlo PerAtorThismajorinvestmentiscon-sistent with the CMA CGM Groups strategyofdevelopingitsterminal'