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CMA CGM, Stonepeak Launch $10B United Ports Venture

1/29/2026

Summary

CMA CGM Partners Up

CMA CGM and Stonepeak formed United Ports LLC to operate port terminals globally, valued near $10 billion.
Stonepeak will invest $2.4 billion for a 25% stake, while CMA CGM contributes 10 terminals in the United States, Brazil, and Spain.
The deal is expected to close in the second half of 2026, pending regulatory approvals, with Stonepeak possibly providing an additional $3.6 billion and CMA CGM reinvesting proceeds to grow businesses.

Summary

GAIL Invests in LNG

GAIL (India) Limited signed a Term Sheet to take equity in a Singapore-based LNG vessel owner, with Kawasaki Kisen Kaisha, Ltd., and J M Baxi Marine Services, for a long-term charter starting in 2027, first vessel under construction in Korea.
Investment proceeds via GAIL's GIFT City subsidiary in Gujarat, pending regulatory approvals.
The move aligns with India's goal of increasing domestic shipping ownership and supports the transition to clean energy.

Summary

Highway58 Project Launch

Progressive Energy (UK) and Pipe58 (Sweden) are launching the Highway58 project to advance cross-border carbon capture, utilization, and storage.
The project aims to connect emitters to permanent storage and utilization facilities, including e-fuel producers, across the Baltic Sea region.
Highway58 will create shared CO2 transport infrastructure to move captured carbon across borders.
The initiative supports net-zero goals for Sweden and Finland, where biogenic CO2 emissions are significant.

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CMA CGM Partners Up

CMA CGM and Stonepeak formed United Ports LLC to operate port terminals globally, valued near $10 billion.
Stonepeak will invest $2.4 billion for a 25% stake, while CMA CGM contributes 10 terminals in the United States, Brazil, and Spain.
The deal is expected to close in the second half of 2026, pending regulatory approvals, with Stonepeak possibly providing an additional $3.6 billion and CMA CGM reinvesting proceeds to grow businesses.

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