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 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)...
Ukraine calls on Egypt to close ports for Crimea ships
Suez, Egypt (PortSEurope) November 2, 2018 – Ukraine has called on the Egyptian authorities to close their ports for cargo ships from Crimea, the Ukrainian...
South Korea’s KT to establish ICT infrastructure in Suez Canal
Suez, Egypt (PortSEurope) October 30, 2018 – South Korean telecoms company KT Corporation (formerly Korea Telecom) plans to establish an information and...
Suez Canal agrees German investments worth $75 million
Suez, Egypt (PortSEurope) October 30, 2018 – Suez Canal Authority president Mohab Mamesh has said the institution has agreed with two German companies...
Valenciaport Foundation trains managers from Kuwait and Egypt
Valencia, Spain (PortSEurope) October 28, 2018 – The Valenciaport Foundation (Fundación de la Comunidad Valenciana) has organised a training course...
Damietta port may reduce fees
Suez, Egypt (PortSEurope) October 22, 2018 – The decision of Suez Canal Authority to reduce port fees at East Port Said has caused reactions by...
Egypt to cut container ship fees at East Port Said for one year
Suez, Egypt (PortSEurope) October 18, 2018 – Egypt’s government plans to reduce the fees for container ships coming from foreign ports to East Port...