France’s container shipping market leader CMA CGM has unveiled plans to invest EUR 20 million in Odesa port’s container terminal. The Marseilles-based shipping company will invest in a major upgrade of the container terminal that will significantly increase the port’s freight traffic capacity over the coming five years.
Odesa is the largest port on the Black Sea and Ukraine’s primary gateway to global markets. It is also gearing up for a significant role in the creation of new trade routes connecting China and Asian markets to the European Union.