Posted on September 2, 2015
A consortium formed by CMA CGM, Bolloré and CHEC won the bid, initiated by the Cameroon government, for the Kribi terminal concession for a period of 25 years.
Following the bidding procedure initiated by the Cameroonian government, the consortium formed by French companies CMA CGM and Bolloré as well as Chinese company CHEC (China Harbour Engineering Company) won the 25 years concession for the Kribi container terminal.
Vessels up to 8,000 TEUs capacity from the consortium companies will be able to use the 1.4m TEU capacity container terminal. With an initial 350 m length wharf due to be operational within a few months, when finished it is expected the terminal will be composed of a 700 m length wharf and a 32 ha platform made for 16 m draught.
Farid T.Salem, CMA CGM Group Executive Officer said, “We would like to thank the