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CMA CGM unveils New York Liberty plan

[ October 12, 2023   //   ]

The CMA CGM Group has unveiled the investment and business strategy for its recently acquired Global Container Terminals operation in the ports of Bayonne and New York Mew Jersey.

Effective immediately, the terminals will be named Port Liberty New York and nearby Port Liberty Bayonne, and CMA CGM will embark on a $600 million upgrade of the two facilities incorporating the latest technology, creating around 1,000 jobs, and making environmental improvements. Post-investment, Port Liberty’s combined capacity will increase by up to 80%, allowing larger ships to dock.

In partnership with the State of New York and the State of New Jersey, the investment will also create more direct access to freight rail lines and major highways.

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