Shipping & Logistics News
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Suez Canal growth boosts logistics industry in Egypt
The higher volume of vessels transiting through the Suez Canal is ideal for the growth of the logistics industry.
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SCZone’s East Port Said Receives World's 1st Green Fuel Powered Vessel
The vessel started its path from Asia, passing to Africa, through Egypt, and from there to Europe.
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High-speed electric train project to be inaugurated in 2024
The transport ministry supports all local companies to have a 100% local industrial component and expand at a later stage for export.
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Egypt’s SEMAF hands over locally-assembled metro train to National Authority for Tunnels
The new train was locally assembled at the Railway Equipment Factory (SEMAF), which is affiliated to the Arab Organization for Industrialization.
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Ismailia Yacht Marina: a key player in the new era of the Suez Canal
Egypt is committed to developing integrated strategies for yachting and the environment, including the construction of marinas.
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Bunkering in Egyptian Ports: First Step on Road of Milestones
The licenses do not just include seaports but also vessels navigating the Suez Canal within both the northbound and southbound convoys.
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Stretching Seaports to Turn Egypt Into A Logistic Hub
Tahya Misr (Long Live Egypt) Multipurpose Station, stretching on 2.5 kilometers, in the Port of Alexandria at a cost of LE9 billion.
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Egytrans approves NOSCO acquisition deal
The acquisition will take place through a share swap exchanging one share of Egytrans’ capital for 0.0447 shares of NOSCO’s capital.
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Egypt, Chinese AVIC INTL complete consultations on Cairo Light Rail Transit’s 3rd phase
During a meeting in Beijing, Rong said that the LRT project is being developed at an estimated cost of $1.2bn.
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Historical relations tie Transmashholding and the Egyptian National Railways
Railway trips each day carry millions of people, who remain unaware of the tireless 24-hour work that goes into managing its advanced technology.
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Egyptian Cabinet issues report on progress rate of railways development
The start is with train engines as 130 out of 260 planned new units entered service, 61 out of 400 designated train engines have been rehabilitated.
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Suez Canal makes all-time high returns worth $9.4 billion in 2022/23
Head of the Suez Canal Authority Osama Rabie has said the canal made all-time high returns worth $9.4 billion in the fiscal year 2022/2023.
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Egypt's Suez Canal Economic Zone to establish own investment company
The Suez Canal Economic Zone (SCZone) will launch an investment company named SCZone Istithmar Company after receiving approval from the Cabinet.
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15 new air-conditioned 3rd class railcars arrive in Alexandria Port from Hungary
The deal comes as part of President Abdel Fatah al-Sisi’s instructions to provide low-income citizens with air-conditioned rail carriages.
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Abela Egypt starts operating & managing Cairo-Upper Egypt sleeper trains
Egyptian Catering & Services Co. (Abela Egypt) announced on Tuesday that it began operating and managing all aspects of sleeper trains.
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Israel revives plans for high-speed train to compete with Suez Canal
Israeli government is working to compete with the revenues of the Suez Canal with a fast railway linking the Red Sea to the Mediterranean.
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Int'l consortium starts development of new container terminal in Egypt
An international consortium has started the development of a new container terminal of Ain Sokhna Port on the Red Sea in northeastern Egypt.
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30 new locomotives added to Suez Canal fleet as part of development plan
The canal has 3 arsenals, 2 in Suez and one in Port Said, adding that dredging is being built from the canal's budget.
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Suez Canal pumps $143.8bln into Egypt’s public treasury since nationalization
The number of ships that crossed the canal since nationalization has reached roughly 1.71 million vessels.
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MPs, transport minister inspect Upper Egypt Railway Station
The building includes 28 ticket counters, toilets, and a 40 meter high glass pyramid in the main lobby of the station.