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Port Said

Port Said is an Egyptian city at the northern end of the Suez Canal, on the Mediterranean Sea. It is managed by the Port Said Port Authority (PSPA), a government agency of Egypt, charged with the responsibility to govern, regulate and develop the port facilities. It is the home of the Suez Canal Container Terminal (SCCT) which is operated by APM Terminals.

Ocean Alliance launches new service at West Port Said

Port Said, Egypt (Ports Europe) September 13, 2018 – The Ocean Alliance has launched a new service at West Port Said, as a result of the deepening of...

CHEC starts construction of second container terminal in Egypt’s Ain Sokhna

Suez, Egypt (Ports Europe) September 5, 2018 – China Harbour Engineering Company (CHEC) has officially started the construction of a second container...

Egypt’s Canal Shipping Agencies profit rises in fiscal 2017/18

Port Said, Egypt (Ports Europe) September 4, 2018 – Egyptian company Canal Shipping Agencies Co. has said its net profit for the fiscal 2017/18, ended June...

Vietnamese companies eye investments in Suez Canal

Port Said, Egypt (Ports Europe) September 3, 2018 – Vietnamese companies are interested in investing in the launch of fish farming facilities in the axis of...

Arctic route cannot represent alternative to Suez Canal

Port Said, Egypt (Ports Europe) August 29, 2018 – Egypt’s Suez Canal Authority considers that the Arctic route cannot represent an alternative to its...

Suez Canal books record daily traffic on August 25

Port Said, Egypt (Ports Europe) August 27, 2018 – Suez Canal booked a record daily traffic on August 25 with 49 ships passing by transporting 4.2 million...

Germany’s BAG to invest €70 million in Port Said

Port Said, Egypt (Ports Europe) August 14, 2018 – German company Business Avenue Group GmbH (BAG) has signed an agreement with East Port Said Development...

Suez Canal Insurance Company pays compensation to Suez Canal Authority

Port Said, Egypt (Ports Europe) August 13, 2018 – The Suez Canal Insurance Company has paid a EGY 15 million ($838,000/€733,000) compensation to the...

Suez Canal’s Economic Zone newly established companies amount to 37 in H1 2018

Port Said, Egypt (Ports Europe) August 8, 2018 – The number of newly established companies in the Suez Canal’s Economic Zone amounted to 37 in the...

Suez Canal generates $15.6 billion revenue in 2015-2018

Port Said, Egypt (Ports Europe) August 8, 2018 – Suez Canal generated a revenue of about $15.6 billion (€13.5 billion) in the past three years and that...

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

Port Said, Egypt (Ports Europe) July 18, 2018 – Suez Canal Container Terminal S.A.E., part of China’s COSCO Shipping Ports Limited, has reported June 2018...

Egypt reviews port development plan until 2030

Port Said, Egypt (PortSEurope) July 10, 2018 – Egypt’s Ministry of Transport and the Arab Academy for Technology and Maritime Transport held a meeting...

Suez Canal, Kuwait’s Agility sign contract for $100 million Port Said logistics complex

Port Said, Egypt (PortSEurope) June 26, 2018 – Suez Canal Economic Zone (SCZone) and Kuwaiti-owned Agility Logistics have signed a cooperation agreement for...

Suez Canal recording highest revenue ever

Port Said, Egypt (PortSEurope) June 25, 2018 – The Suez Canal Authority (SCA) is recording the highest revenue in its history this year, the head of the...

Suez Canal president calls for regulations favouring investments

Port Said, Egypt (PortSEurope) June 25, 2018 – The Suez Canal Authority (SCA) plans to draw up a general plan to attract more cargo traffic to the Nile...

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

Port Said, Egypt (PortSEurope) June 19, 2018 – Suez Canal Container Terminal S.A.E., part of China’s COSCO Shipping Ports Limited, has reported May 2018...

Suez Canal Authority completes 90% of tunnel construction project

Port Said, Egypt (PortSEurope) June 15, 2018 – Suez Canal Authority has said that the projects for the construction of seven new tunnels between Sinai,...

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

Port Said, Egypt (PortSEurope) May 17, 2018 – Suez Canal Container Terminal S.A.E., part of China’s COSCO Shipping Ports Limited, has reported April 2018...

Magna discusses automotive investment in East Port Said

Port Said, Egypt (PortSEurope) May 4, 2018 – Magna, the Austrian auto manufacturer, has held investment discussions with the Suez Canal Economic Zone...

Egyptian government considers Red Sea and Mediterranean railway connection

Port Said, Egypt (PortSEurope) April 30, 2018 –  The Ministry of Transportation is studying the construction of a railway connecting the Red Sea and...

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