French container line CMA CGM has revised its guidance on steering after a collision with a navigational beacon in Australia. Crew error contributed to an incident involving the 5,700-teu CMA CGM ...

The initial stage involves an investment of $220m to build a 400m quay wall and develop a 10-hectare logistics zone.

A fifth vessel, the 2,190-teu Cape Monterey (built 2015), is said to have been purchased from Cape Shipping with a special survey due in April for around $35m. The two deals take CMA CGM’s spending in ...