Shipping & Logistics News
-
Damietta Port handles 30 container, cargo ships
As many as 30 container ships and cargo vessels were handled at the Damietta Port in the past 24 hours.
-
EBRD launches second phase of Suez Canal digitalisation project
The bank is helping the SCZone to develop an efficient, competitive and eco-friendly business environment that is attractive to international investor
-
Fourth metro line to extend from Rehab City to new Administrative Capital
The Japan International Cooperation Agency approved a loan amounting to US$306 million to finance part of fourth line of the Cairo metro.
-
Transportation ministry to fully operate from New Administrative Capital starting from March
The Minister explained that some employees have been working from the ministry’s new administrative capital headquarter since October 2022.
-
Metro ticket prices to increase by LE 2 for tickets covering 25+ stations
Currently, the metro ticket prices are LE 5 for 9 stations, LE 7 for 16 stations and LE 10 for 17+ stations.
-
Suez Canal revenues hit new records, amounting to LE 18.2 bln
The revenues, according to CAPMAS, exceed the level recorded in the previous month of November, which was 17.3 billion pounds.
-
Suez Canal Economic Zone launches Chinese projects in billions of dollars
These projects would lead to the creation of no less than 5,000 direct and indirect job opportunities for Egyptians.
-
Egyptian customs thwarts more than 21,000 smuggling operations in year
Ghattouri pointed out that the number of customs evasion reports during the past year amounted to 21,647.
-
National Navigation Company of Egypt signs up with Veson
NNC’s key objectives in pursuing this project were to ensure the effective management of resources and a continuous flow of data in the organization.
-
Egypt-based MCV aims at German market with electric bus model
Manufacturing Commercial Vehicles (MCV) from Egypt announces a BEV electric bus developed specifically for the German market.
-
Abu Qir Container Terminal among 10 most expensive marine projects globally
The project's estimated cost is at $730m (EGP22.1bn) and it involves the construction of a new container terminal shoreline.
-
Egypt's Suez Canal amends tolls for crude oil tankers
These additional fees are temporary and can be modified or canceled according to the changes in the maritime transport market, the circular said.
-
$1.25bn worth of fodder imports released from Egyptian ports
Elkosayar added that 199,000 tonnes of corn and soybeans, at a value of $96m, were released from 26 January to 9 February 2023.
-
House approves deal with AFD to finance Abu Qir metro project
The House of Representatives approved agreement with the French Development Agency (AFD) to finance the Alexandria-Abu Qir metro project.
-
Egypt enters world’s top ten emerging domestic logistics markets
“The biggest mover in the top ten was Egypt which climbed five places to number nine, displacing Turkey,” said the index’s authors.
-
Egypt’s land and dry ports authority, local consortium sign pact for logistics zone PPP
The consortium will also manage and operate existing 11 warehouses and 24 cold storage facilities inside the land port.
-
Sealand Europe becomes cold chain partner for Egypt’s Magrabi Agriculture
In the future, Sealand – A Maersk Company will take care of Magrabi’s whole fresh produce export to many destinations in- and outside Europe.
-
Egypt targeting 2m rail passengers per day
The Spanish Talgo trains constitute a huge quantum leap in the history of trains because they are similar to the trains operating in Europe.
-
SCZone chairman, Japanese Amb. discuss joint cooperation ahead of Tokyo Tour
It is scheduled that the head of the economic zone will visit Tokyo as part of his promotional tours to present investment opportunities to investors.
-
Suez Canal Authority denies granting 99-year concession contract to company
It stressed that the Suez Canal will remain fully owned by the Egyptian state, and subject to its absolute sovereignty.