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.
Damietta port reports improved August figures
Damietta, Egypt (Ports Europe) September 27, 2017 – Damietta Port hit a new record last August where cargo handling volume increased by 40% from 2.5...
EIB presents two development loans for Alexandria port
Alexandria, Egypt (Ports Europe) September 26, 2017 – The European Investment Bank (EIB) has offered $1bn for to finance two projects located within the...
Suez Canal Container Terminal S.A.E. – August 2017 container terminal statistics
Port Said, Egypt (Ports Europe) August 24, 2017 – Suez Canal Container Terminal S.A.E., part of the Chinese Cosco shipping group, has reported August 2017...
Hapag-Lloyd works on integrating UASC business in Egypt
Port Said, Egypt (Ports Europe) August 28, 2017 – Hapag-Lloyd confirmed that the process of merging with UASC businesses in Egypt is currently underway. The...
Suez Canal Container Terminal S.A.E. – July 2017 container terminal statistics
Port Said, Egypt (Ports Europe) August 24, 2017 – Suez Canal Container Terminal S.A.E., part of the Chinese Cosco shipping group, has reported July 2017...
Suez Canal Authority profit rises 4.66% y/y in July 2017
Port Said, Egypt (Ports Europe) August 23, 2017 – Suez Canal Authority (SCA) said it posted a profit of $447.1 million (€379 million) in July 2017, up...
Alexandria port to build complex for storage of cars
Alexandria, Egypt (Ports Europe) August 23, 2017 – Alexandria port has signed a EGP 285 million ($16.1 million/€13.6 million) contract for the...
Damietta port handles more ships in June
Damietta, Egypt (Ports Europe) August 23, 2017 – Damietta port handled 231 ships in June, up 15.5% on the year, as a result of the rising demand by...
Marseille Fos port signs agreement with Alexandria port, Egypt
Marseille, France (Ports Europe) August 16, 2017 –Â Following the first meetings of the MedPorts Forum, the port of Marseille Fos has signed a Memorandum...
DP World joins forces with Suez Canal Zone to establish a joint development company
Dubai, UAE, August 11, 2017 – In a step to develop the international port industry, a joint company between General Authority of Suez Canal Zone and DP...
DP World, Suez Canal Economic Zone set up joint venture
Port Said, Egypt (Ports Europe) August 10, 2017 – UAE-based group DP World has set up a joint venture with Egypt’s General Authority for the Suez...
Shipping companies object to being forced to buy power from Damietta port
Damietta, Egypt (Ports Europe) August 1, 2017 – Shipping companies are attempting to convince officials to reverse the Damietta Port Authority’s...
Romania and Egypt sign port cooperation agreement
Port Said, Egypt (Ports Europe) July 28, 2017 – Ministers of the Egyptian and Romanian governments have signed a range of economic agreements including...
Egypt aims to attract $30 bln in investment in Suez Canal Zone in five years
Port Said, Egypt (Ports Europe) July 26, 2017 –Â Minister of Investment Sahar Nasr has said that cooperation is ongoing between the ministry and the...
Suez Canal Container Terminal S.A.E. – June 2017 container terminal statistics
Port Said, Egypt (Ports Europe) July 19, 2017 – Suez Canal Container Terminal S.A.E., part of the Chinese Cosco shipping group, has reported June 2017...
Cosco reports June 2017 container terminal statistics
Hong Kong, China (Ports Europe) July 18, 2017 – Cosco Shipping has announced June 2017 container terminals throughput. The three Mediterranean Sea container...
Suez Canal signs investments contracts worth EGP 1 billion
Port Said, Egypt (PortSEurope) June 12, 2017 –Â The General Authority for Suez Canal Economic Zone (SCZone) and the Ministry of Investment and...
Egypt and Greece agree to launch cruise services
Port Said, Egypt (PortSEurope) June 1, 2017 – Egypt’s Ministry of Tourism has been taking steps to revive the local tourism industry which has failed...
China eyes heavy investment in Egypt’s Suez Canal
Port Said, Egypt (PortSEurope) May 21, 2017 – Egypt’s Minister of Trade and Industry Tarek Kabil has said that China is looking at heavily...
Cargill indicates further Egyptian investment
Alexandria, Egypt (PortSEurope) May 21, 2017 – Cargill International has announced plans for new investments in grain storage and vegetable oil...