Stonepeak and CMA CGM have formed a joint venture, United Ports LLC, to acquire 10 port terminals globally. Stonepeak is investing $2.4 billion for a 25 percent stake, while CMA CGM maintains 75 percent control. The portfolio includes key terminals in Los Angeles, New York, Brazil, and India, highlighting a strategic expansion into major shipping hubs.

This partnership leverages Stonepeak's financial prowess and CMA CGM's operational expertise to enhance global logistics. The deal, expected to close in the second half of 2026, signals a significant push into the terminal market. Stonepeak has the option to invest an additional $3.6 billion for future projects, underscoring their long-term commitment.

The acquisition of established terminals like Fenix Marine Services and Port Liberty strengthens CMA CGM's footprint in the US. This move is part of a broader trend of consolidation in the shipping industry, driven by the need for efficiency and control over critical infrastructure. Investors should watch for how this deal impacts global supply chain dynamics and competition in the logistics sector.