Shipping & Logistics News
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East Nile Monorail to undergo trial operation on November 5
The East Nile Monorail is to begin a trial operation on November 5, with no passengers, in Arad al-Maared and al-Manara.
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Egypt's Railway Authority Announces Discounted Subscriptions for Students
The Railway Authority announced discounted subscriptions at nominal prices on the (3rd air-conditioned - 3rd ventilated - Long Live Egypt) trains.
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July sees Suez Canal revenues surge, setting new records
The Suez Canal has broken records by achieving revenue of $9.4 billion for the fiscal year 2022-2023. A noticeable increase in July revenues has boosted this year's financial performance, reaching new heights.
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Siemens delivers first of 176 Desiro electric trains in Egypt
These fully electric trains boast a 70 per cent reduction in carbon emissions. according to the rolling stock manufacturer.
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Egypt approves $400 mn loan deal for Cairo-Alexandria rail logistics
The Cairo-Alexandria Trade Logistics Development Project will implement a railway bypass to the congested GCA.
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High-Speed Train Network Linking Upper Egypt & Red Sea Almost Complete
The near-complete construction of the express electric train network comprises three main lines with a total length of 2,000 km.
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‘Biden Corridor’ will only take 0.1% of Suez Canal’s trade: SCA chairman
The Chairman of the Suez Canal Authority, Osama Rabie, has assured the 'Biden Corridor' will only take away a tiny piece of the Suez Canal’s transit flow, no more than 0.1 percent.
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OCI Global Receives Methanol Bunkering Permit in Egypt
In an effort toward shipping decarbonization, OCI Global has been granted the first methanol bunkering permit for fuel supply in East Port Said and West Port Said.
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SCZone record an all-time high of LE 6B revenues in FY2022/23
The total revenues witnessed a 78 percent increase compared to LE 3.490 billion it recorded during the past fiscal year 2021/2022.
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SCZone participates in Maersk’s first methanol vessel naming ceremony
The vessel started its journey from South Korea passing by Singapore and Asia and last month passed through the Suez Canal on its way to Europe.
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Former SCA chairman explains impact of new intercontinental trade corridor on Suez Canal
The economic corridor, announced at the G20 Summit in New Delhi, is a multi-modal process that transports goods via the land, sea and railway.
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SCZone Contracts with Dutch Alliance to Enhance Investments in Green Fuel Industry
The protocol includes expanding the work of these companies by pumping major investments within the economic zone.
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Alexandria to get new 1.3 billion euro metro system
The project will connect downtown Alexandria to the northeastern town of Abu Qir.
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New companies applied to fuel ships with green methanol
The Suez Canal Authority signed 23 memorandums of understanding for the production of green fuel, 9 of which were signed during COP 27.
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Transport minister follows up 1st line of high-speed train
Kamel el Wazir checked on the workflow of the first line of the High Speed Rail network project (Ain Soukhna / El Alamein / Matrouh / Fayoum).
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Thales and Orascom construction upgrade the Cairo - Giza - Beni Suef railway line in Egypt
The track is located on the east bank of the river Nile, 115 kilometres from the country's capital.
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Egypt to receive first train for high-speed electric railway in October
Egypt will receive the first regional train for the first line of its high-speed electric railway in the second half of October.
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Ostool unveils expansion plans
Growth plans in the offing: “The company aims to expand in the Gulf region,” Badrawi mentioned without disclosing further details.
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Six new stations on Cairo Metro Line 3 to be inaugurated in October
The Ministry of Transport is preparing to inaugurate six new metro stations on Cairo Metro Line 3 during October.
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In a historic first, Suez Canal makes $1 mln in revenues in an hour
The Suez Canal Authority recorded total revenues of one million dollars in an hour for the first time in the country’s history.