skip to Main Content
Arab Contractors Starts Expansion Works In Lebanon’s Port Of Tripoli

Arab Contractors starts expansion works in Lebanon’s Port of Tripoli

Tripoli, Lebanon (PortSEurope) October 21, 2021 – Egypt’s construction company Arab Contractors (AC) will in the next two weeks start expansion works in the port of Tripoli, Lebanon’s second largest, that is handling more cargo after a huge explosion destroyed the country’s main port of Beirut in August 2020. Arab Contractors’ $87 million project, financed by the Islamic Development Bank (IDB), will include construction of
new buildings for port administration, customs, a fire station and military facility. It will also include a modern digital control centre, connected to different departments of the port. In August, it was reported that the expansion of the port will include also construction of container storage areas and complete road infrastructure. According to Hazem Abdel Ghafar, representative of Arab Contractors, the project will be completed in 30 months. Tripoli port, just 70 km north of Beirut, is striving to become an alternative transport hub for Lebanon. Earlier this year, French shipping and logistics powerhouse CMA CGM Group acquired all the shares of Gulftainer Lebanon, the operator of the Port of Tripoli container terminal. With the acquisition, CMA CGM further strengthens its position and expertise as a container terminal operator in the Mediterranean Sea. The acquisition of the Port of Tripoli operator is at the heart of CMA CGM’s maritime strategy. With an established presence at the Port of Tripoli, CMA CGM operates five lines per week, including the BEX, which offers a direct link with China. Two of its existing maritime lines, Med Express and Megem, have opened the way to the Arab, Indian and Mediterranean markets. In 2021, the Port of Tripoli, which is a Mediterranean hub, will welcome nearly 240 vessels of the Group’s fleet. Gulftainer (UAE) operates the container terminal in Tripoli (North Lebanon), via a local subsidiary, Gulftainer Lebanon, part of the capital of which was also owned by CMA-CGM. Gulftainer is a privately owned, independent port management and 3PL (third party logistics) company and a leading port operator in the Middle East. Joseph Dakkak, General Manager of CMA CGM Lebanon, said that the CMA CGM Group handles more than 50% of the cargo volumes of the two Lebanese ports – Beirut and Tripoli. The Port of Tripoli already receives five weekly lines from the group, including a direct line from China, and two others connecting the port to Arab markets. CMA-CGM is also expected to bid for the management of Beirut’s container terminals in Lebanon’s largest port devastated by the August 4, 2020, explosion of some 2,700 tonnes of unsafely stored ammonium nitrate that killed almost 300 people, injured 6,000, left over 300,000 without proper housing and with damages estimated at $15 billion. PortSEurope news about the port of Tripoli PortSEurope news about the port of Beirut Copyright (C) PortSEurope. All Rights Reserved. 2021.

To continue reading please subscribe or log in.

PortSEurope offers an English-language daily coverage from over 200 ports in the Mediterranean, Black and Caspian Seas as well as a fully indexed and easily searchable database with more than 15,000 articles.

Subscribe now
Back To Top