Port News & Information Mediterranean, Black & Caspian Seas

Egypt

Egypt is a country located in the northeastern corner of Africa. regarding ports and shipping, its key asset is the Suez Canal which links the Red Sea and the Mediterranean Sea. It is the world’s leading shipping lane connecting Asia and Europe. Its primary ports on the Mediterranean coast are Alexandria, Damietta and Port Said.

COSCO Shipping Ports’ overseas terminals see 13.5% rise in May 2019 traffic

Piraeus, Greece (PortSEurope) June 16, 2019 – In May 2019, the overseas terminals of China’s COSCO Shipping Ports Limited saw container throughout increase...

DP World and PSA International interested in new Dry Port project

Cairo, Egypt (PortSEurope) June 13, 2019 – The local Ministry of Transport has announced a tender to participate in the construction of the...

Marine Industries and Services Organization to supply four tugboats to Damietta port

Damietta, Egypt (PortSEurope) June 12, 2019 – As part of the government’s plans to develop ports in Egypt, Damietta Port Authority (DPA) Chairman...

Damietta port announces new multi-purpose terminal

Damietta, Egypt (PortSEurope) June 12, 2019 – The Minister of Transport, Engineer Kamel Al-Wazir, has announced the completion of a new multi-purpose...

Suez Canal pays €3.8 billion to Egypt’s treasury in 2019

Suez, Egypt (PortSEurope) June 10, 2019 – Egypt’s finance ministry has said the Suez Canal Authority paid EGP 72 billion ($4.3 billion/€3.8...

Egypt’s Damietta port completes dredging project

Damietta, Egypt (PortSEurope) June 5, 2019 – Damietta Port Authority has completed a dredging project, enabling the harbour to...

Suez Canal’s investment opportunities are very promising

Suez, Egypt (PortSEurope) May 30, 2019 – Suez Canal’s investment opportunities are very promising there are new projects that are being...

COSCO Shipping Ports Limited reports higher April throughput at container terminals

Piraeus, Greece (PortSEurope) May 28, 2019 – In April 2019, the overseas terminals of China’s COSCO Shipping Ports Limited saw container throughout...

Alexandria Container and Cargo Handling Company net profit declines 21% in 9-mo FY 2018/19

Alexandria, Egypt (PortSEurope) May 21, 2019 – Alexandria Container and Cargo Handling Company SAE recorded a 21% decline in net profit...

Damietta Port is ready to accommodate larger vessels

Damietta, Egypt (PortSEurope) May 21, 2019 – The Damietta Port authority (DPA) has completed dredging works to deepen the navigational channel and is now...

APM Terminals works to develop Port Said East Port and Suez Canal Container Terminal (SCCT)

Port Said, Egypt (PortSEurope) May 9, 2019 – APM Terminals is working with the government of Egypt to ensure the success of Egypt Vision 2030 for Port...

Egypt’s government dismisses rumours about partial privatisation of Suez Canal

Cairo, Egypt (Ports Europe) May 7, 2019 – Egypt’s government has dismissed rumours about the potential privatisation of parts of the Suez Canal...

Suez Canal Authority, China’s Tianjin to develop 2nd phase of TEDA Industrial Zone

Suez, Egypt (Ports Europe) April 25, 2019 – The Suez Canal Authority (SCA) has signed a Memorandum of Understanding (MoU) with China’s...

SCA to increase Suez Canal annual revenues by $1 billion

Suez, Egypt (Ports Europe) April 18, 2019 – Suez Canal Authority (SCA) aims to increase the annual revenues of the Suez Canal by $1 billion (€888 million),...

COSCO’s European container terminals see improved performance in Q1 2019

Piraeus, Greece (Ports Europe) April 17, 2019 – In the first three months of 2019, the overseas terminals of China’s COSCO Shipping Ports Limited saw...

Svitzer to deliver two tugboats to Suez Canal Authority

Suez, Egypt (Ports Europe) April 8, 2019 – Leading global towage operator Svitzer has signed a 10-year agreement with Port Suez in Egypt to deliver two...

COSCO Shipping Ports announces FY2018 financial results

Hong Kong, China (Ports Europe) March 28, 2019 – COSCO Shipping Ports Limited, a leading global leading ports operator, has announced full year results...

Van Oord plans to join Damietta port dredging project

Damietta, Egypt (Ports Europe) March 25, 2019 – Dutch maritime contracting company Van Oord is planning to participate in work to deepen Damietta...

Koper port hosts promotional event in Cairo

Koper, Slovenia (Ports Europe) March 18, 2019 – Port operator Luka Koper d.d. has held its now annual event in Cairo with its Egyptian business partners,...

PSA International visits Damietta port to discuss cooperation

Damietta, Egypt (Ports Europe) March 17, 2019 – Damietta Port Authority (DPA) has reported talks with Singapore-based PSA International about cooperation...

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