China’s port operator Hutchison Ports inked a memorandum of understanding (MoU) with Egypt regarding the establishment of a container terminal in Egypt’s port of Abu Qir, Alexandria. The MoU was signed during a meeting in Cairo, Tuesday.
A new round of the EU-Egypt Energy Dialogue takes place with the kick off of cooperation between the Ministry of Petroleum and the Port of Antwerp. Namely, several topics of common interest were discussed in order to advance the implementation of the Memorandum of Understanding (MoU) on strategic cooperation in energy that was signed between the EU and Egypt in April 2018.
Egypt’s Ministry of Transport announced the completion of a new multi-purpose terminal in Damietta Port, which is expected to enable the port welcome bigger ship sizes and types. The multi-purpose terminal has an anticipated capacity of about 4 million tons per year.
APM Terminals announced its collaboration with the Government of Egypt on the final pieces of the jigsaw that will ensure the success of Egypt Vision 2030 for Port Said East Port and the Suez Canal Container Terminal (SCCT). Once ready, it plans to regain its position as one of the most competitive ports in the South and East Mediterranean region.
Egypt’s Ministry of Antiquities announced that archaeologists discovered an ancient port on the Nile River that was once used to transport stone for temple-building. The discovered area could be conclusively identified as a port by its fittings and carved heiroglyphic instructions for mooring.
Three consortiums are currently competing to construct a dry port west of Cairo, with a worth of $100 million, according to the Egyptian finance ministry. The project will be a public-private collaboration between the General Authority For Ports and Dry Land and the consortium that will win. The Port will be built on about 104 acres in 6th of October City, a suburb of the capital.
Egypt, after shutting down seven of its ports due to bad weather conditions, it reopened five out of seven ports on January 17. As stated by Reuters, the bad weather conditions improved and the wind stabilized as announced by the Red Sea Ports Authority.
Heavy weather combined with inappropriate manipulations may lead to damage of a vessel, threatening the cargo, the environment or, even worst, human life. That’s why, for the time being, Egyptian authorities have shut down the most important ports of Alexandria and Dekheila on the Mediterranean Sea and Ain Sokhna and Suez on the Red Sea because of extreme weather conditions, as stated by Reuters.
The Ukrainian Sea Ports Authority signed agreements with the Egyptian ports of Alexandria and Damietta on 2nd of November. These agreements aim to establish a bilateral working group with representatives of shipping lines, traders, port operators to discuss the implementation of joint projects.
Egypt plans to build a railroad line connecting the Red Sea with the Mediterranean via a land bridge. At first, a line will connect the Port of Alexandria with the Port of Damietta. A little later, the project will connect the Port of Damietta to the Port of Nuweiba. The project wants to accelerate the movement of people and goods.
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