French company renews contract at Latakia port for second time ...Kuwait

The French shipping company CMA CGM has renewed its contract with the Syrian regime at Latakia port, marking the second time such an agreement has been made, the Syria Report said last week, despite EU sanctions on companies that support or benefit President Bashar al-Assad's regime. The contract was due was due to expire in September but the regime invited the French company to bid for a renewal, according to the report. The company reportedly controls 99 percent of the Latakia International Container Terminal (LICT) and had been managing it since 2009 after signing a contract to manage its operations for up to ten years. The company signed its renewal contract in 20

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