France-based CMA CGM, the world's fourth-largest container shipping company, confirmed the previously announced transaction price of $968 million for the sale of the assets to Terminal Link, in which it owns 51% and China Merchants 49%.

The deal is part of CMA CGM's efforts to finance the acquisition this year of Swiss logistics firm CEVA.

(Reporting by Gus Trompiz, editing by Bate Felix)