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.

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...

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

Port Said, Egypt (Ports Europe) August 16, 2018 – Suez Canal Container Terminal S.A.E., part of China’s COSCO Shipping Ports Limited, has reported July...

Egyptian president extends Suez Canal’s head mandate

Cairo, Egypt (Ports Europe) August 16, 2018 – Egyptian President Abdel Fattah al-Sisi has issued a public decree extending the service of the head of the...

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 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...

Egypt to list Alexandria Containers Handling Company on stock exchange

Alexandria, Egypt (PortSEurope) July 9, 2018 – Egyptian Maritime Transport company aims to put an additional equity share in Alexandria Containers Handling...

Damietta Port Authority studies a steps to buttress investment and attract further port users

Damietta, Egypt (PortSEurope) July 4, 2018 – Damietta Port Authority (DPA) is studying a new measures to buttress investment and attract further port...

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,...

Damietta Port cargo traffic increases 18% in March

Damietta, Egypt (PortSEurope) June 10, 2018 – The Damietta Port Authority (DPA) has said that the amount of handled cargo at the port increased by 18%...

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