Marseille – 11th December 2012 - The CMA CGM Group, via its American subsidiary CMA Terminals California (CTC), is very pleased to announce that it has become a stakeholder of the Pacific Maritime Services (PMS) Joint Venture to operate PIER J Terminal at the Port of Long Beach, California, USA.
 
As from the 26th November 2012, the Pacific Maritime Services (PMS) Joint Venture is operated in partnership between SSA Marine, COSCO and CMA Teminals California (CTC),

PIER J Terminal benefits from highly automated equipment able to handle up to 1.5 million lifts each year. Technical characteristics includes a 1800m long quay, 17 Gantry cranes, and a 15.8m draft, offering accessibility to over 12 000 TEU capacity container vessels.
 
PIER J Terminal is CMA CGM’s 1st port investment on the US West Coast, and the 3rd one in USA. CMA CGM currently calls Pier J with its “Pearl River Express” service with vessels of 9600 TEUs. 

To this day, CMA CGM Group has invested in 29 container terminals worldwide, as part of its continued strategy aiming at securing berthing space for its ships, and ensuring the speed and efficiency of its shipping operations.
 
Farid Salem, CMA CGM Group Executive Officer, declares:

“This first new investment for our Group on the US West Coast will reinforce our position in North America. It demonstrates CMA CGM strong involvement to develop transport infrastructure and to improve quality of service to our customers. By investing in Pier J, the Group ensures that the largest vessels deployed in the transpacific trade will be efficiently managed.”

Ed DeNike, PMS representant declares:

“Pacific Maritime Services is proud to welcome CMA CGM to Pier J in the port of Long Beach.

We feel very fortunate for the opportunity to be partners with one of the most prestigious companies in the shipping world and look forward to good things in the future.”

About CMA CGM

CMA CGM, founded and managed by Jacques R. Saadé is the world’s third largest container shipping company and generated a turnover of 14.9 billion USD in 2011. Operating a fleet of 395 vessels, the Group serves more than 400 ports around the world. In 2011, it carried more than 10 million TEUs (twenty-foot equivalent units). With a presence on every continent and in 150 countries through its network of 650 agencies and branch offices, the Group employs 18,000 people worldwide and 2,400 in Marseilles where is situated its head office.


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