CMA CGM, the world’s third-largest shipping giant, is boldly expanding its footprint by teaming up with private equity powerhouse Stonepeak to launch United Ports LLC — a $2.4 billion venture aimed at building a global network of marine terminals. Stonepeak stakes in at 25%, while CMA CGM retains full control and plans to reinvest the funds into its core logistics and shipping operations. The initial rollout targets 10 key ports across four continents, including Los Angeles, New York, Brazil, India, and Vietnam, with more projects on the horizon — including a potential $3.6 billion follow-up investment. This move underscores a growing trend as private equity firms eye critical trade infrastructure, with Stonepeak already managing $88 billion in assets. The deal, expected to close by late 2026, signals a major shift in how global ports are financed and developed.

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