CMA CGM Sets Sights on Angolas Lobito Terminal

zoom The CMA CGM Group said it has signed logistics memorandum of agreements with Multiparques Group defining the two groups association for the terminal operation, and development of logistics platforms in Angola. The deals were inked on December 18th 2014 in Paris. According to Alexis Michel, CMA CGM Group Logistics and Reefer Senior Vice President, Lobito is Angola second port, and its location and train transportation connections make it a strategic entry point in West Africa. This not only allows Benguela and Huambo – two major Angola cities service, but also thanks to the new railroad renovation, to link the city to the Democratic Republic of Congo and Zambia Copperbelt mining region to the sea. Those different elements promise the Port of Lobito to a great intermodal future, he added. CMA CGM said it expects the new terminal to be operational during 2015. The CMA CGM Group with its brands CMA CGM and DELMAS is present in all 43 African countries and has 7 services with regular calls in Angola.