Hapag-Lloyd will build a new transshipment terminal with an annual handling capacity of 3.3 million TEU in Damietta, Egypt.
The Terminal 2 will be located about 60 kilometres from the northern outlet of the Suez Canal, a location which Hapag-Lloyd said will boost its transshipments business in Damietta.
The harbour basin will have a water depth of 18 metres, compared to the current 14 metres found at Terminal 1, which means that the new terminal will be able to handle ships of all sizes, including the 23,500+ TEU dual fuel ships the carrier just ordered.
The terminal is planned to be completed by the second half 2024, with operations ramping up in 2025.
When we have more services call at our new terminal in Damietta we expect to deliver to the market a much stronger value proposition and much better connectivity, this will ensure a higher customer satisfaction
said Marwan El Sammak, Managing Director Area Egypt.
The company expects the project to ensure a reduction in overall operating costs, which will lead to better performance, improved productivity and more on-time handling.
The terminal will also be equipped with 50 state-of-the-art rubber-tyred gantry cranes (RTGs), half of which will be powered by electricity, as well as 16 ship-to-shore cranes (STSs).
