CMA CGM and Stonepeak Launch United Ports JV with $2.4B Investment

January 28, 2026 January 28, 2026

Editorial Staff

The Facts -

Stonepeak invests $2.4B for a 25% stake in a new CMA CGM JV.

JV to manage 10 major CMA CGM-operated terminals worldwide.

Additional $3.6B funding potential for future terminal projects.

CMA CGM and Stonepeak Forge New Alliance with Global Terminal Joint Venture

In a significant move to bolster terminal operations, CMA CGM Group and Stonepeak have unveiled a strategic partnership through the creation of UNITED PORTS LLC. This joint venture marks a substantial $2.4 billion investment by Stonepeak, securing a 25% minority interest and promising accelerated growth in the terminal sector.

With UNITED PORTS LLC, CMA CGM, a leading global player in logistics solutions, and Stonepeak, known for its expertise in infrastructure investments, have joined forces to acquire key terminal assets. These include 10 major port terminals spread across the United States, Brazil, Spain, and Asia. "The creation of United Ports LLC, our joint venture with Stonepeak, marks an important step in the development of our terminal activities," said Rodolphe Saadé, Chairman and CEO of CMA CGM Group.

Stonepeak's investment highlights the essential role of container terminals in global trade. "This joint venture represents a truly differentiated opportunity to invest in a high-quality portfolio of strategically located terminals," stated James Wyper, Senior Managing Director at Stonepeak. The collaboration seeks to enhance service quality and secure access to crucial trade gateways.

Key Terminal Assets in the Portfolio

The joint venture will integrate 10 vital terminal facilities, such as Fenix Marine Services in Los Angeles and Port Liberty in New York. Other significant locations include Santos in Brazil, CSP Valencia and CSP Bilbao in Spain, and Nhava Sheva in India. These strategic assets position the JV for significant influence in global shipping logistics.

Strategic Investment to Fuel Expansion

Under the terms of the partnership, CMA CGM will maintain a 75% stake and operational control of UNITED PORTS LLC. The proceeds from Stonepeak's investment will be reinvested by CMA CGM to expand its core businesses and strengthen its shipping and logistics solutions across multiple modes of transport.

Long-Term Partnership and Future Projects

The alliance between CMA CGM and Stonepeak is poised for long-term growth, with Stonepeak having the option to contribute an additional $3.6 billion for future terminal projects. This potential expansion underscores a shared commitment to enhancing infrastructure capabilities globally. The transaction is anticipated to conclude in the latter half of 2026, pending regulatory approvals.

For further information, visit CMA CGM or Stonepeak.