Shipping & Logistics News
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India's Flex invests $110M in polyethylene production in SCZone
The project will be implemented in two phases over the next two years, with the first phase starting in mid-2024.
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Suez Canal records highest-ever monthly revenues in March
In the first quarter (Q1) of 2023, the canal’s total revenues jumped by 40.6% to $2.382 billion.
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The Emirates supports Egypt's port development
The Egyptian government has signed an agreement with the Emirati country to improve logistics and port management.
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Suez Canal navigation unaffected by friction accident between two tankers
A friction accident between the LYRIC MAGNOLIA and the ALIGOTE tanker in the Great Lakes region, carrying 65,000 tons and 44,000 tons.
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SCZone Announces Completing 72% of Sokhna Port Development Work
The port will developing integrated solutions for transport and trading between container terminals.
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Egypt's transport minister, French ambassador discuss financing of 6th Metro Line
The meeting also tackled the progress rate of the monorail, which is being executed by a coalition composed of Alstom, Orascom, and Arab Contractors.
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Know more about Egypt's Tahya Misr multipurpose station in Alexandria port
The station includes the latest and largest cranes for unloading and loading giant ships, and these cranes operate automatically.
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SCZONE Chief signs a framework business agreement with Chairman and Managing Director of the Suez Canal Container Termin
The agreement aims at implementing a number of new incentives related to the activity of the SCCT inside East Port Said Harbor, Gamal Eldin said.
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Egypt to establish Mediterranean port, industrial zone in Gargoub
The President was briefed on means to achieve optimal utilization of the strategic location and the economic and environmental components of Gargoub.
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SCZone Signs Framework Agreement with SCCT to Attract more Shipping Lines to East Port Said
This comes within the SCZONE’s strategy to attract more investments in the port and enhance trading processes.
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About 59,000 tons of goods handled at Red Sea Ports
Safaga Port received two ships, while three others left the harbor, added the statement.
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Transport Ministry launches metro Iftar campaign
The Iftar campaign distributes boxes of snacks daily, containing a bottle of water, juice and biscuits.
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Suez Canal Revenues Jump 40% to $2.079 Billion in Q1 of 2023
The transit movement in the Suez Canal achieved revenues amounting to $2.079 billion during the first quarter of 2023.
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SCZONE discusses cooperation with American-Hellenic Chamber of Commerce
The meeting also aims to exchange visions on maximizing the benefits from common economic interests and reviewing the potential of SCZONE.
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High-speed train will be ‘land (version of) Suez Canal’
Wazir said that work is underway to turn Egypt into a global trade and logistical center, through the development of ports and means of transportation
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Egypt, Georgia sign MoU on green business, logistics
The signing took place on the sidelines of the Egyptian-Georgian Business Forum's meeting.
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Abu Dhabi's AD Ports Group to invest $200 million in Egypt's Safaga Port
Abu Dhabi's AD Ports Group signed a 30-year concession agreement worth $200 million to develop and operate Egypt's Safaga port.
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Egypt inaugurates industrial mega projects in the Suez Canal Economic Zone
Prime Minister Mostafa Madbouly witnessed the inauguration of a number of private sector industrial mega projects in SCZone.
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Hutchison makes major investments in Egyptian ports
Hutchison Ports, a global port operator, announced a significant investment in Egypt’s major ports, Ain Sokhna Port and Alexandria.
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Egypt signs $1.6 billion deals for Sokhna & Dekheila ports
The consortium includes Hong Kong-based Hutchison Ports, French company CMA CGM, and Chinese state-owned COSCO Shipping.