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 9% of the…
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 liquid…
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 competitiveness,…
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 of…
Suez Canal not finalising talks with DP World for Ain Sukhna development
Suez, Egypt (PortSEurope) December 5, 2018 – Suez Canal Economic Authority spokesperson Hind Fathi has denied reports about the launch of a joint project with DP World…
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 million) in October 2017,…
Suez Canal to invest €9.8 million in West Port Said berths upgrade
Suez, Egypt (PortSEurope) November 26, 2018 – Egypt's Suez Canal Economic Zone has allocated EGP 200 million ($11.2 million/€9.8 million) to improve the efficiency of the berths in West…
Suez Canal eyes cooperation with Asian Infrastructure Investment Bank
Suez, Egypt (PortSEurope) November 21, 2018 – Egypt's Suez Canal Economic Zone is looking forward to cooperating with the Asian Infrastructure Investment Bank (AIIB) in developing…
Suez Canal to facilitate investments in Africa
Suez, Egypt (PortSEurope) November 21, 2018 – Suez Canal Authority aims to focus its efforts into facilitating investments in Africa, the president of the Channel, Mohab Mamish,…
Egypt’s Sesco Trans to build multiputpose terminal at East Port Said
Suez, Egypt (PortSEurope) November 21, 2018 – Egyptian company Sesco Trans plans to invest EGP 1.5 billion ($84 million/€74 million) in the construction of a multiputpose terminal…
Suez Canal Container Terminal S.A.E. – October 2018 container terminal statistics
Port Said, Egypt (PortSEurope) November 20, 2018 - Suez Canal Container Terminal S.A.E., operated by China’s COSCO Shipping Ports Limited, has reported October 2018 container terminal…
Suez Canal expects $6 billion revenue in 2018
Suez, Egypt (PortSEurope) November 14, 2018 – Suez Canal Authority expects its revenue to rise to $6 billion (€5.3 billion) this year from $5.5 billion (€4.9…
Dutch CDR company signs agreement to assist Alexandria port
Alexandria, Egypt (PortSEurope) November 12, 2018 - The Egyptian Ministry of Transport has announced the signing of a memorandum of understanding with the Dutch company,…
Damietta Container and Cargo Handling Company undertakes dredging work
Damietta, Egypt (PortSEurope) November 6, 2018 - Supported by the Damietta Port Authority (DPA), Damietta Container and Cargo Handling Company (DCHC) is undertaking an ambitious…
USPA signs agreements with two leading ports of Egypt
Odessa, Ukraine (PortSEurope) November 4, 2018 - On Friday, November 2, a memorandum on cooperation between the Ukrainian Sea Ports Authority (USPA) and the administrations of two…
Ukraine calls on Egypt to close ports for Crimea ships
Suez, Egypt (PortSEurope) November 2, 2018 – Ukraine has called on the Egyptian authorities to close their ports for cargo ships from Crimea, the Ukrainian…
South Korea’s KT to establish ICT infrastructure in Suez Canal
Suez, Egypt (PortSEurope) October 30, 2018 – South Korean telecoms company KT Corporation (formerly Korea Telecom) plans to establish an information and communications technology (ICT)…
Suez Canal agrees German investments worth $75 million
Suez, Egypt (PortSEurope) October 30, 2018 – Suez Canal Authority president Mohab Mamesh has said the institution has agreed with two German companies investments worth a…
Valenciaport Foundation trains managers from Kuwait and Egypt
Valencia, Spain (PortSEurope) October 28, 2018 - The Valenciaport Foundation (Fundación de la Comunidad Valenciana) has organised a training course "Future investments in ports: towards new…