Shipping & Logistics News
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Enhancing transportation infrastructure for economic growth in Egypt
This joint endeavor is poised to directly influence the pricing of consumer goods, ultimately leading to reduced costs for the populace of Egypt.
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Egypt plans to establish 31 dry ports, and logistic zones
El-Wazir invited American companies to capitalize on investment chances available in Egypt, especially in the fields of industry localization.
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Due to Red Sea security challenges: Egypt's Suez Canal revenues drop to $7.2B
The total weight of shipments fell by one third from 1.5 billion tons to one billion tons.
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UAE-Based Mobility Platform Hala Expands Into Egypt
The partnership will focus on exploring opportunities in Egypt's New Administrative Capital and other key cities.
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Kenyan delegation visits SCZone to learn from Egyptian expertise
The visit, facilitated by the Japan International Cooperation Agency (JICA), is part of a program to support economic zones in East Africa.
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13,000 tons of goods handled at Red Sea Ports
About 13,000 tons of goods were handled at the different Red Sea harbors on Tuesday, the Red Sea Ports Authority (RSPA) said.
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Egypt Suez Canal revenues shrink by 57.2% in 1Q of 2024
Revenues from Egypt’s Suez Canal shrank by 57.2 percent in the third quarter (January-March) of the FY2023/2024, which ended on 30 June.
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Egypt’s shipping, logistics market size reaches $14.6bn in 2024
Egypt’s shipping and logistics market is estimated to be $14.56bn in 2024, with an expected growth to $18bn by 2029.
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Egypt Suez Canal Revenue Rises 12.4% in October
Egypt's Suez Canal reported $551 million in revenue for the month of October, the canal authority's chairman, Osama Rabie, said on Tuesday.
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CMA CGM launches EMED 1 service connecting Turkey, Egypt and Lebanon
The service will be one vessel with a capacity of 1,100 teu and start from Antalya on July 10 before heading to Alexandria and Beirut.
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Red sea ports authority awards operating concession for three Egyptian cruise ports
The concession entails the provision of new services, improving access for cruise operators, and adding new itineraries.
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Egypt's Tahya Misr station receives 330 ships, 410K containers
The length of the station's quays is 2,300 meters, enabling it to handle 12-15 million tons of goods per annum and receive 6-7 ultra large ships.
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Finance Min.: Value of Goods Released from Egyptian Ports Amounted to $17 Billion
This came as the government aims to increase the volume of commodity supply in the markets, in a way that helps achieve balance in prices.
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Egypt's logistics sector in 2024: 10 essential facts
Egypt is rapidly emerging as a global logistics powerhouse, thanks to its strategic location, comprehensive infrastructure development, and reforms.
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Egypt seeks to replace Tuk-tuk with ‘Bajaj Qute’ taxi
The Helwan Machinery and Equipment Company signed with the ITAMCO Company to manufacture a light auto-taxi to replace the Tuk-tuk.
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Suez Canal revenues drop by 64.3 % in May 2024
In comparison, the previous year's May witnessed the passage of 142.9 million tons, representing a decline of 98 million tons.
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Egypt ranks 18th globally in road quality
Egypt advanced 100 ranks in the index of global ranking of road quality to come in the 18th rank globally within ten years.
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Egypt, Russia Discuss Establishing Logistics Center for Grains
More than 70% of Egyptian exports to Russia are agricultural products. Egypt is also one of the largest importers of Russian grains.
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Egis wins major contract for Metro Line Transformation in Egypt
The line, named Abou Qir Metro, will stretch approximately 22 kilometres from Abo Qir to Misr Station.
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Egypt's largest container terminal to operate by 2025
Egypt has announced a new large container terminal at Ain Sokhna port on the Red Sea led by China's Hutchison.