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.

Suez Canal studies ways for developing Ain Sokhna project

Suez, Egypt (PortSEurope) December 24, 2018 – The Suez Canal Economic Zone (SCZone) is conducting a study on the mechanism for implementing a partnership...

SCZone, DP World to sign Ain Sokhna industrial complex agreement soon

Suez, Egypt (PortSEurope) December 14, 2018 – The Suez Canal Economic Zone (SCZone) plans to sign a contract with DP World for the development of a 45...

Agility Public Warehousing considers Suez Canal development

Suez, Egypt (PortSEurope) December 13, 2018 – Kuwaiti integrated logistics company Agility Public Warehousing has signed a strategic partnership deal with...

Saudi Arabia’s Al-Suwaidi to build €492.5 million industrial complex in Suez Canal Economic Zone

Ain Sokhna, Egypt (PortSEurope) December 11, 2018 – Saudi Arabia’s Al-Suwaidi Industrial Development Company has signed an agreement with the Suez...

Suez Canal keeps strategic role for global maritime trade

Suez, Egypt (PortSEurope) December 10, 2018 – The Suez Canal keeps its role as a strategic junction for global merchant maritime traffic, concentrating...

New Horizon Tank Terminal to build liquid bulk terminal in West Port Said

Suez, Egypt (PortSEurope) December 10, 2018 – The Suez Canal Authority has signed an agreement with New Horizon Tank Terminal for the construction of a...

Suez Canal denies media reports about selling 49% of economic zone to another Arab country

Suez, Egypt (PortSEurope) December 7, 2018 – The Suez Canal Authority has denied media reports that the Egyptian government sold 49% of the Suez Canal...

Suez Canal not to lift transit fees in 2019

Suez, Egypt (PortSEurope) December 5, 2018 – Suez Canal Authority has no intentions to increase the transit fees for 2019, in order to keep its...

French Parliament delegation visits Suez Canal Authority

Suez, Egypt (PortSEurope) December 5, 2018 – Suez Canal Authority has received a senior delegation from the National Defense Committee and the Armed Forces...

Suez Canal not finalising talks with DP World for Ain Sukhna development

Suez, Egypt (PortSEurope) December 5, 2018 – Suez Canal Economic Authority spokesperson Hind Fathi has denied reports about the launch of a joint project...

Suez Canal revenues rise 6.8% year-on-year in October

Suez, Egypt (PortSEurope) December 3, 2018 – Suez Canal revenues rose to $506.1 million (€445.9 million) in October from $473.9 million (€417.5...

Suez Canal to invest €9.8 million in West Port Said berths upgrade

Suez, Egypt (PortSEurope) November 26, 2018 – Egypt’s Suez Canal Economic Zone has allocated EGP 200 million ($11.2 million/€9.8...

Suez Canal eyes cooperation with Asian Infrastructure Investment Bank

Suez, Egypt (PortSEurope) November 21, 2018 – Egypt’s Suez Canal Economic Zone is looking forward to cooperating with the Asian Infrastructure...

Suez Canal to facilitate investments in Africa

Suez, Egypt (PortSEurope) November 21, 2018 – Suez Canal Authority aims to focus its efforts into facilitating investments in Africa, the president...

Egypt’s Sesco Trans to build multiputpose terminal at East Port Said

Suez, Egypt (PortSEurope) November 21, 2018 – Egyptian company Sesco Trans plans to invest EGP 1.5 billion ($84 million/€74 million) in the construction of...

Suez Canal Container Terminal S.A.E. – October 2018 container terminal statistics

Port Said, Egypt (PortSEurope) November 20, 2018 – Suez Canal Container Terminal S.A.E., operated by China’s COSCO Shipping Ports Limited, has...

Suez Canal expects $6 billion revenue in 2018

Suez, Egypt (PortSEurope) November 14, 2018 – Suez Canal Authority expects its revenue to rise to $6 billion (€5.3 billion) this year from $5.5...

Dutch CDR company signs agreement to assist Alexandria port

Alexandria, Egypt (PortSEurope) November 12, 2018 – The Egyptian Ministry of Transport has announced the signing of a memorandum of understanding with...

Damietta Container and Cargo Handling Company undertakes dredging work

Damietta, Egypt (PortSEurope) November 6, 2018 – Supported by the Damietta Port Authority (DPA), Damietta Container and Cargo Handling Company (DCHC) is...

USPA signs agreements with two leading ports of Egypt

Odessa, Ukraine (PortSEurope) November 4, 2018 – On Friday, November 2, a memorandum on cooperation between the Ukrainian Sea Ports Authority (USPA)...

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