CMA CGM will benefit the new facility through its 35 per cent stake in the West African Coast container trade and as an operator of over 30 terminals worldwide, according to Port Technology.
Kribi terminal currently hosts ships with a capacity of 8,000 TEU, but after the development of phase two of the facility it will be able to handle 11,000 TEU vessels.
To manage the development of the terminal, Bollore Transport & Logistics will bring expertise from operating in Africa and Cameroon for over 50 years and CHEC will use its experience from a range of development projects in the country.
Once completed, it will have a 715-metre dock, 32 hectares of open ground, and the capacity to process 1.3 million TEU.
CMA CGM said in a statement: "Ideally located in Cameroon, a growing market, this terminal is a logistical hub, offering the Cameroonian supply chain a modern infrastructure, adapted to the new generation of ocean vessels and as well as allowing all of Western Africa to redirect containers toward countries of the Sub-Region.
"With the new Port of Kribi, Cameroon now has a second portal hub to add to its network of infrastructures. It is a considerable contribution to speeding up Cameroon's economic and social development.
"Connected to the city of Edea, the Port of Kribi is a major asset for the country and will permeate the region with new logistical gateways through its direct connections with landlocked countries, such as Chad or the Central African Republic. Kribi Container Terminal will complement the services offered by the Port of Douala. Together, both ports will facilitate growth in regional trade."
CMA CGM recently announced plans to combine its container shipping service with Seatrade Group's specialised reefer transport in a new vessel sharing agreement scheduled for October 2017.
Kribi terminal currently hosts ships with a capacity of 8,000 TEU, but after the development of phase two of the facility it will be able to handle 11,000 TEU vessels.
To manage the development of the terminal, Bollore Transport & Logistics will bring expertise from operating in Africa and Cameroon for over 50 years and CHEC will use its experience from a range of development projects in the country.
Once completed, it will have a 715-metre dock, 32 hectares of open ground, and the capacity to process 1.3 million TEU.
CMA CGM said in a statement: "Ideally located in Cameroon, a growing market, this terminal is a logistical hub, offering the Cameroonian supply chain a modern infrastructure, adapted to the new generation of ocean vessels and as well as allowing all of Western Africa to redirect containers toward countries of the Sub-Region.
"With the new Port of Kribi, Cameroon now has a second portal hub to add to its network of infrastructures. It is a considerable contribution to speeding up Cameroon's economic and social development.
"Connected to the city of Edea, the Port of Kribi is a major asset for the country and will permeate the region with new logistical gateways through its direct connections with landlocked countries, such as Chad or the Central African Republic. Kribi Container Terminal will complement the services offered by the Port of Douala. Together, both ports will facilitate growth in regional trade."
CMA CGM recently announced plans to combine its container shipping service with Seatrade Group's specialised reefer transport in a new vessel sharing agreement scheduled for October 2017.