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.
Record breaking $904.5 million for Suez Canal in April
Port Said, Egypt (Ports Europe) May 11, 2023 – The revenue of the Suez Canal in April increased by $274 million compared to the same months of 2022 ($630.5...
Russia pushes again for opening long-delayed industrial zones in Egypt
Suez, Egypt (Ports Europe) May 2, 2023 – Sanctions-hit Moscow is desperately trying to create two long-delayed Russian industrial zones (RIZ) with a...
Suez Canal Authority to form waste management company
Port Said, Egypt (Ports Europe) April 12, 2023 – The Suez Canal Authority, the Greek V Group of companies (which owns the Greek company Antipollution),...
Damietta port receives EBRD delegation
Damietta, Egypt (Ports Europe) March 28, 2023 – In the first week of this month, the Port Authority of Damietta (DPA) received a delegation from the...
AD Ports sign Egyptian port contracts
Cairo, Egypt (PortSEurope) March 20, 2023 – Abu Dhabi’s AD Ports Group has signed a Memorandum of Understanding (MoU) with the Egyptian Group for...
COSCO SHIPPING Ports announces 25% investment in Sokhna New Container Terminal
Cairo, Egypt (PortSEurope) March 17, 2023 – COSCO SHIPPING Ports Limited (CSPL) has announced an investment in 25% of the equity in Sokhna New Container...
Hutchison Ports announces investment in Ain Sokhna Port, Egypt
Cairo, Egypt (PortSEurope) March 17, 2023 – Hutchison Ports, the global port operator, has announced an investment in Ain Sokhna Port, Egypt’s major...
SCZONE, Hungary sign a cooperation agreement
Port Said, Egypt (PortSEurope) March 16, 2023 – A delegation from the Hungarian Export Promotion Agency (HEPA) has visited the Suez Canal Economic Zone...
SCZONE receives Zhejiang delegation to discuss means of cooperation
Port Said, Egypt (PortSEurope) March 16, 2023 – The Suez Canal Economic Zone (SCZONE) has hosted a high-level delegation from Chinese Zhejiang province,...
Russia’s FESCO plans more engagement with Africa
Novorossiysk, Russia (PortSEurope) March 15, 2023 – Russia’s transport group FESCO plans more engagement with Africa with new services planned....
Egypt plans network linking dry and sea ports
Cairo, Egypt (PortSEurope) March 8, 2023 – Egypt has announced plans for a network of linked dry and sea ports in order to boost transport. The Egyptian...
Suez Canal Container Terminal S.A.E. – TEU handled 2018-2022
Port Said, Egypt (Ports Europe) January 30, 2023 – COSCO Shipping Ports Limited has published the final TEU handling figures for Suez Canal Container...
Egypt to develop Al-Arish port, Israel alerted
Cairo, Egypt (Ports Europe) January 18, 2023 – Last week, the Suez Canal Economic Zone (SCZone) announced plans to develop the port of Al-Arish. Al-Arish...
Hapag-Lloyd promotes new Damietta port terminal
Damietta, Egypt (Ports Europe) January 11, 2023 – Last May, the joint venture Damietta Alliance Container Terminal S.A.E. was established to develop and...
Suez Canal expects a record breaking $8 billion in revenue
Port Said, Egypt (PortSEurope) December 26, 2022 – Egypt’s Suez Canal expects revenue to reach the record-breaking $8 billion in its current fiscal year...
Damietta Port Authority signs a cooperation agreement with Methanex Egypt
Damietta, Egypt (PortSEurope) December 19, 2022 – Damietta Port Authority (DPA) has signed a cooperation agreement with Methanex Egypt for methanol...
Egyptian port companies plan local listing next year
Port Said, Egypt (PortSEurope) December 19, 2022 – Damietta Container & Cargo Handling Company and Port Said Container & Cargo Handling Company...
Voltalia, TAQA Arabia plan green energy cluster in Egypt
Port Said, Egypt (PortSEurope) December 8, 2022 – France’s Voltalia SA and Egyptian energy company TAQA Arabia have signed a memorandum of...
Suez Canal Economic Zone signs seven MoUs for hydrogen development
Port Said, Egypt (PortSEurope) December 8, 2022 – The Suez Canal Economic Zone has signed seven Memorandums of Understanding (MoU) for green hydrogen...
New line to deliver Egypt’s food and agricultural products to Russia via Novorossiysk
Novorossiysk, Russia (PortSEurope) November 27, 2022 – DalRefTrans company, part of the giant Russian FESCO Transport Group, is planning to launch a new...