COSCO Shipping Ports’ overseas terminals see 13.5% rise in May 2019 traffic
Piraeus, Greece (PortSEurope) June 16, 2019 – In May 2019, the overseas terminals of China’s COSCO Shipping Ports Limited saw container throughout increase by 13.5%…
DP World and PSA International interested in new Dry Port project
Cairo, Egypt (PortSEurope) June 13, 2019 - The local Ministry of Transport has announced a tender to participate in the construction of the country's first…
Marine Industries and Services Organization to supply four tugboats to Damietta port
Damietta, Egypt (PortSEurope) June 12, 2019 - As part of the government's plans to develop ports in Egypt, Damietta Port Authority (DPA) Chairman Cpt. Tarek…
Damietta port announces new multi-purpose terminal
Damietta, Egypt (PortSEurope) June 12, 2019 - The Minister of Transport, Engineer Kamel Al-Wazir, has announced the completion of a new multi-purpose terminal in Damietta…
Suez Canal pays €3.8 billion to Egypt’s treasury in 2019
Suez, Egypt (PortSEurope) June 10, 2019 – Egypt's finance ministry has said the Suez Canal Authority paid EGP 72 billion ($4.3 billion/€3.8 billion) to the country's…
Egypt’s Damietta port completes dredging project
Damietta, Egypt (PortSEurope) June 5, 2019 – Damietta Port Authority has completed a dredging project, enabling the harbour to handle container vessels with a capacity of up to 14,000…
Suez Canal’s investment opportunities are very promising
Suez, Egypt (PortSEurope) May 30, 2019 – Suez Canal's investment opportunities are very promising there are new projects that are being constantly launched, chairman Mohab Mamesh said. The transit rates in…
COSCO Shipping Ports Limited reports higher April throughput at container terminals
Piraeus, Greece (PortSEurope) May 28, 2019 – In April 2019, the overseas terminals of China’s COSCO Shipping Ports Limited saw container throughout increase by 10.5%…
Alexandria Container and Cargo Handling Company net profit declines 21% in 9-mo FY 2018/19
Alexandria, Egypt (PortSEurope) May 21, 2019 – Alexandria Container and Cargo Handling Company SAE recorded a 21% decline in net profit to EGP 1.9 billion ($111 million/€99.8 million) in the first…
Damietta Port is ready to accommodate larger vessels
Damietta, Egypt (PortSEurope) May 21, 2019 - The Damietta Port authority (DPA) has completed dredging works to deepen the navigational channel and is now ready…
APM Terminals works to develop Port Said East Port and Suez Canal Container Terminal (SCCT)
Port Said, Egypt (PortSEurope) May 9, 2019 - APM Terminals is working with the government of Egypt to ensure the success of Egypt Vision 2030…
Egypt’s government dismisses rumours about partial privatisation of Suez Canal
Cairo, Egypt (PortSEurope) May 7, 2019 – Egypt's government has dismissed rumours about the potential privatisation of parts of the Suez Canal Authority to finance…
Suez Canal Authority, China’s Tianjin to develop 2nd phase of TEDA Industrial Zone
Suez, Egypt (PortSEurope) April 25, 2019 – The Suez Canal Authority (SCA) has signed a Memorandum of Understanding (MoU) with China's Tianjin Municipality for the development of the second phase…
SCA to increase Suez Canal annual revenues by $1 billion
Suez, Egypt (PortSEurope) April 18, 2019 – Suez Canal Authority (SCA) aims to increase the annual revenues of the Suez Canal by $1 billion (€888…
COSCO’s European container terminals see improved performance in Q1 2019
Piraeus, Greece (PortSEurope) April 17, 2019 - In the first three months of 2019, the overseas terminals of China’s COSCO Shipping Ports Limited saw container…
Svitzer to deliver two tugboats to Suez Canal Authority
Suez, Egypt (PortSEurope) April 8, 2019 – Leading global towage operator Svitzer has signed a 10-year agreement with Port Suez in Egypt to deliver two vessels…
COSCO Shipping Ports announces FY2018 financial results
Hong Kong, China (PortSEurope) March 28, 2019 - COSCO Shipping Ports Limited, a leading global leading ports operator, has announced full year results of the…
Van Oord plans to join Damietta port dredging project
Damietta, Egypt (PortSEurope) March 25, 2019 - Dutch maritime contracting company Van Oord is planning to participate in work to deepen Damietta Port’s waterway and turning basin…
Koper port hosts promotional event in Cairo
Koper, Slovenia (PortSEurope) March 18, 2019 - Port operator Luka Koper d.d. has held its now annual event in Cairo with its Egyptian business partners,…
PSA International visits Damietta port to discuss cooperation
Damietta, Egypt (PortSEurope) March 17, 2019 - Damietta Port Authority (DPA) has reported talks with Singapore-based PSA International about cooperation on future container handling projects…