• CMA CGM and Stonepeak announce the launch of UNITED PORTS LLC, a joint venture holding a portfolio of 9 major CMA CGM-operated port terminals across five countries.
• Stonepeak acquires a 25% stake in the company, alongside CMA CGM, which retains a 75% ownership stake and full operational control.
• The transaction will accelerate investments in port infrastructure and support the development of new international projects.

New York and Los Angeles - July 28, 2026 - The CMA CGM Group, a global player in sea, land, air and logistics solutions, and Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, today announced the completion of the formation of UNITED PORTS LLC, following receipt of all required regulatory approvals.

In accordance with the agreement announced in January 2026, Stonepeak has completed a $2.4 billion investment to acquire a 25% stake in the new entity, while CMA CGM retains a 75% ownership stake as well as full operational control of the joint venture.

UNITED PORTS LLC brings together 9 major CMA CGM-operated port terminals in the United States, Brazil, Spain, Taiwan and Vietnam, including Fenix Marine Services in Los Angeles, Port Liberty in New York and Bayonne, Santos, CSP Valencia and Bilbao, TTI Algeciras, Kaohsiung Terminal, and Gemalink. This initial portfolio is expected to be expanded in the coming months with the addition of CMA CGM's stake in Nhava Sheva Freeport Terminal, subject to receipt of the required regulatory approvals.

As part of this port infrastructure joint venture, CMA CGM and Stonepeak plan to accelerate the development and modernization of the portfolio's terminals. This will include financing port capacity expansions, the acquisition of new cargo-handling equipment, enhanced logistics connectivity with rail and inland transport networks, as well as the deployment of infrastructure supporting the decarbonization of port operations, such as equipment electrification and shore power facilities. Stonepeak may also invest up to an additional $3.6 billion to pursue new investment opportunities in high-growth port assets in partnership with CMA CGM through UNITED PORTS LLC.

This transaction marks a new milestone in the Group's port infrastructure development strategy. It will accelerate investments in new port capacity and improve the logistics offer for its customers.

Media Contacts

For CMA CGM: [email protected] / Brunswick: [email protected]

For Stonepeak: Kate Beers / Maya Brounstein 646-540-5225 / [email protected]

About the CMA CGM Group

The CMA CGM Group is a global player in sea, land, air and logistics solutions, true to its corporate Purpose: We imagine better ways to serve a world in motion.

Present in 184 countries, it employs 170,000 people, including nearly 6,000 in Marseille, where its head office is located.

As the world's third-largest shipping company, CMA CGM serves more than 420 ports across five continents with a fleet of over 700 vessels. In 2025, CMA CGM carried more than 24 million twenty-foot equivalent containers (TEUs). Its subsidiary, CEVA Logistics, one of the top five global players, operates 1,000 warehouses and handled 15 million shipments in 2025. The Group's air division operates a fleet of cargo aircraft under the CMA CGM AIR CARGO and Air Belgium brands.

CMA Media, the third-largest private media group in France, brings together RMC-BFM and several national and regional press titles (La Tribune Dimanche, La Tribune, La Provence, and Corse Matin) as well as the social media platform Brut.

Committed to the energy transition, the CMA CGM Group aims for Net Zero Carbon by 2050.

The CMA CGM Foundation provides humanitarian aid in crisis situations and supports education and equal opportunities worldwide. To date, the Foundation has transported 120,000 tonnes of humanitarian aid to 106 countries and supported over 630 projects in France, Lebanon, and around the world.

Find out more about the CMA CGM Group at: cmacgm-group.com

About Stonepeak

Stonepeak is a leading alternative investment firm specializing in infrastructure and real assets with approximately $88 billion of assets under management. Through its investment in defensive, hard-asset businesses globally, Stonepeak aims to create value for its investors and portfolio companies, with a focus on downside protection and strong risk-adjusted returns. Stonepeak, as sponsor of private equity and credit investment vehicles, provides capital and committed partnership to grow investments in its target sectors, which include digital infrastructure, energy and energy transition, transport and logistics, and real estate. Stonepeak is headquartered in New York with offices in Houston, Washington, D.C., London, Hong Kong, Seoul, Singapore, Sydney, Tokyo, Abu Dhabi, and Riyadh. For more information, please visit https://www.stonepeak.com.