France’s largest container shipping company, CMA CGM Group, plans to invest €20 million to double the container handling capacity of Odesa’s Brooklyn-Kiev Port.

France’s largest container shipping company, CMA CGM Group, plans to invest €20 million to double the container handling capacity of Odesa’s Brooklyn-Kiev Port. In a five-year project, capacity would grow to 500,000 standard 20-foot containers a year – the equivalent of 60% of all containers handled by Ukraine’s Black Sea ports last year. The Center for Transportation Strategies quotes Jan Odin, a financial director for CMA CGM, saying: “Our company believes in the future of Ukraine. We are interested in increasing the freight traffic through the terminal in the port of Odesa and have the intention to invest in this.”