CMA-CGM, which is the third-largest shipping container group in the world, has been based at the Peel-owned No12 Princes Dock since its construction in 2005. Tony McDonough reports.

Global shipping group CMA-CGM has committed to keeping its Liverpool base at Princes Dock until 2025.

CMA-CGM, which is the third-largest shipping container group in the world, has been based at the Peel-owned No12 Princes Dock since its construction in 2005.

The company currently occupies more than 27,000 sq ft across two floors at the waterfront offices.

No 12 Princes Dock overlooks the River Mersey and the city’s cruise liner facility and is part of the £5.5bn Liverpool Waters development.

CMA-CGM was represented by Liverpool-based commercial property agent Worthington Owen for its new tenancy deal.

Liza Marco, asset manager at Peel, said: “Liverpool is one of the world’s great ports and has a rich maritime heritage, so it is encouraging to see global leaders in the maritime sector selecting Liverpool Waters as an office location.

“As one of our long standing tenants, CMA-CGM’s on-going commitment is very important as we continue to grow the number and range of business that choose to base their operations on the waterfront.”

Other major shipping lines also have offices in the city, including Atlantic Container Line which has recently relocated to a purpose-built HQ in Duke Street.