The project nearly doubles the terminal’s physical footprint and more than doubles its annual handling capacity.
The development will include new deep-water berths, advanced terminal technologies, and 10 new ship-to-shore cranes.
Christine Cabau, CMA CGM EVP for assets and operations, said she hopes to expand future cooperation as the group’s vessels increasingly return to the Suez Canal.
The Overweight Surcharge takes effect on 15 August 2026 and will remain in place until further notice.
Revenue from logistics activity amounted to US$5.0 billion, up 8.5% on the second quarter of 2025, supported by organic growth and scope effects.