APMT eyes sale of Dunkirk terminal stake
APM Terminals is reportedly looking to divest itself of its 61 percent share of a container terminal in the French port of Dunkirk.
According to a report Thursday by Containerisation International, APMT's partner in the joint venture terminal, CMA CGM, is interested in buying the majority share. CMA CGM controls 30 percent, with the port authority retaining the remaining 9 percent.
Dunkirk's container volume was 212,000 TEUs in 2009, a 1 percent drop from 2008.