The French shipping company “CMA CGM” has renewed its contract with the regime government for investing in the container terminal at Latakia port. This renewal marks the second time for the company, following the end of its first renewal in October of this year, according to the Syria Report on Tuesday, October 29. The company had signed the first renewal contract in 2019, after the end of its initial contract in the same year. The first contract signed in 2009 included the possibility of renewal for five years with the consent of both parties. The General Company for Latakia Port signed in February 2009 a contract with both the French company “CMA CGM” and Terminal Link company along with S
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