Lebanon has outsourced its postal services’ management to CMA CGM subsidiaries

CMA CGM subsidiaries to manage Lebanon’s postal service: A consortium of Merit Shipping and Colis Privé France, subsidiaries of French shipping group CMA CGM, were granted the contract to manage Lebanon’s postal service, the country’s Telecoms Ministry said in a statement. The country’s postal service is currently being managed by Liban Post.

What we know: The Lebanese state’s share in the contract for the management of the country’s postal services will be 15.5% during the initial year of the consortium’s management, the statement says, without clarifying how percentages will be broken down after the first year. The floor in the auction would have given the Lebanese government a 10% share in the contract, according to the statement.

What we don’t know: The statement did not disclose the value of the consortium’s bid or when CMA CGM or its subsidiaries will take control of management over the country’s postal service. It’s also scant on details regarding the services CMA CGM will manage.

About the companies: Merit Shipping is CMA CGM’s agent in Beirut.CMA CGMacquired French delivery firm Colis Privé last year as a means to continue to expand its last-mile logistics services.