The consortium comprising CMA CGM, Bollore Transport & Logistics, and CHEC had previously won a tender granting funding and operation of the new Kribi Container Terminal, which they will manage for 25 years.
The terminal concession builds on a strong presence in the African market for CMA CGM which claims to ship more than 35% of containers from the West African market.
The concession is to develop phase II of Kribi terminal with 715 m of dock, a capacity 1.3m teu and the capability to handle ships of up to 11,000 teu in capacity. The existing terminal can handle vessels of up to 8,000 teu.
“Connected to the city of Edéa, the Port of Kribi is a major asset for the country and will permeate the region with new logistical gateways through its direct connections with landlocked countries, such as Chad or the Central African Republic. Kribi Container Terminal will complement the services offered by the Port of Douala,” CMA CGM.
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