Port News & Information Mediterranean, Black & Caspian Seas

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 recovers cost for new Suez Canal project

Suez, Egypt (Ports Europe) January 29, 2019 – Suez Canal Authority has recovered the EGY 20 billion (€992 million/$1.1 billion) cost for the construction...

Ecoslops and Suez Canal Economic Zone to set up unit for treatment unit of maritime oil waste in Port Said

Port Said, Egypt (Ports Europe) January 29, 2019 – Ecoslops and Suez Canal Economic Zone have signed an agreement towards setting up a collection,...

Analysis – China on port shopping spree in Europe and globally

Piraeus, Greece (Ports Europe) January 24, 2019 – Since the start of the 21st century, Chinese companies have acquired stakes in some 15 ports in Europe,...

Hapag-Lloyd eyes investments in Egypt’s port sector

Damietta, Egypt (Ports Europe) January 22, 2019 – Egypt’s transport minister Hisham Arafat has met representatives of German company Hapag-Lloyd AG,...

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

Port Said, Egypt (PortSEurope) January 7, 2019 – Suez Canal Container Terminal S.A.E., operated by China’s COSCO Shipping Ports Limited, has reported...

Suez Canal settles dispute with Sewedy Group unit

Suez, Egypt (PortSEurope) December 31, 2018 – The Suez Canal Authority has settled a dispute with a subsidiary of Sewedy Group over the operation of a land...

Suez Canal executes complicated FPSO towing operation

Suez, Egypt (PortSEurope) December 27, 2018 – The Suez Canal Authority has carried out the complicated operation of towing a floating system for the...

Suez Canal studies ways for developing Ain Sokhna project

Suez, Egypt (PortSEurope) December 24, 2018 – The Suez Canal Economic Zone (SCZone) is conducting a study on the mechanism for implementing a partnership...

SCZone, DP World to sign Ain Sokhna industrial complex agreement soon

Suez, Egypt (PortSEurope) December 14, 2018 – The Suez Canal Economic Zone (SCZone) plans to sign a contract with DP World for the development of a 45...

Agility Public Warehousing considers Suez Canal development

Suez, Egypt (PortSEurope) December 13, 2018 – Kuwaiti integrated logistics company Agility Public Warehousing has signed a strategic partnership deal with...

Saudi Arabia’s Al-Suwaidi to build €492.5 million industrial complex in Suez Canal Economic Zone

Ain Sokhna, Egypt (PortSEurope) December 11, 2018 – Saudi Arabia’s Al-Suwaidi Industrial Development Company has signed an agreement with the Suez...

Suez Canal keeps strategic role for global maritime trade

Suez, Egypt (PortSEurope) December 10, 2018 – The Suez Canal keeps its role as a strategic junction for global merchant maritime traffic, concentrating...

New Horizon Tank Terminal to build liquid bulk terminal in West Port Said

Suez, Egypt (PortSEurope) December 10, 2018 – The Suez Canal Authority has signed an agreement with New Horizon Tank Terminal for the construction of a...

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 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...

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