Shipping & Logistics News
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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.
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Transport Min. Reveals Truth behind Selling Electric Train
The Ministry of Transport did not intend to sell any of the assets to pay off the loans for the implementation of its projects.
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Egypt, France's CMA CGM sign MoU on strategic cooperation in maritime transport
The MoU was signed by Transport Minister Kamel el Wazir and Chairman and Chief Executive Officer of the CMA CGM Group Rodolphe Saadé.
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New Agreement in Cairo to Implement Public Transport Pre-pay Tickets
This comes within the framework of the state’s plan towards digital transformation and the application of governance systems on all transactions.
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Transmar launches a New Reefer service: Connecting Egyptian Exporters to Yemen
Transmar, the region’s leading container shipping line, has announced the launch of a new service that connects Egyptian exporters out of Adabiya Port
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Tunisia, Egypt negotiate launch of direct marine line
Majidi explained that the two countries discussed establishing logistical areas in transporting and processing goods.
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Hutchison Ports Group expands footprint in Egypt
Hutchison Ports has announced its investment in Ain Sokhna Port, Egypt’s major port, and B100, a new container terminal in the Port of Alexandria.
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Egypt finalizes 1st ship supply service in Sokhna port
The move comes within the SCZone’s 2020-2025 strategy to localize maritime services in affiliated ports.
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Egypt negotiates with Siemens early delivery of Desiro HC train to be exhibited at TransMEA 2023
The company will be supplying 175 trains, model is Desiro HC and produced by Siemens Mobility.
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SCZONE: We are keen on cooperation with Chinese firms
Abdel-Khalek welcomed the delegation and affirmed the SCZONE’s keenness to cooperate with the Chinese side.
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Egypt approves $308m Japanese loan for Cairo Metro’s 4th line
The agreement was signed on Dec. 26, 2022, and the parliament approved the loan agreement in April 2023.
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Top 20 shipping and logistics companies in Egypt
Strategically positioned between Africa, Asia, and Europe, Egypt is increasingly becoming a key logistics hub.
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Suez Canal achieves $50 bln in revenues in 10 years
The canal was able to overcome the fluctuations in the global economy after the Corona pandemic and the repercussions of the Russian-Ukrainian war.
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Egypt receives 15 new railway coaches from Hungary
The total is now 785 vehicles (499 dynamic ventilation coaches – 286 third-class air-conditioned coaches).
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Fakhr Al-Kanah floating dock arrives with payload of 35,000 tons
“Fakhr Al-Kanah” is considered a quantum leap that would add new capabilities in the maintenance works of ships and huge maritime units.
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Privatising Suez Canal could be key to solving Egypt’s economic crisis
Since its nationalisation in 1956 the Suez Canal has provided Egypt with a rich source of revenue as well as a sense of national pride.
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Suez Canal to apply additional transit dues on vessels carrying floating units
The Suez Canal Authority (SCA) will apply additional transit dues to vessels carrying floating units as of 1 July, according to a circular on Sunday.
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Egypt offers dedicated cluster to Indian firms at Suez Canal Economic Zone
The Suez Canal economic zone is a strategic location for India to reach markets in Europe, Africa, and the Middle East.
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Avanz Capital Egypt Invests $3.5 Million in Egyptian Logistics
Avanz Capital Egypt, a private equity fund subsidiary of Squared Capital International, has announced a $3.5 million investment in Trella.
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How did the Suez Canal break a record revenue?
In January 2023, the SCA had increased transit fees by 15 percent for all vessels and 10 percent for dry bulk and cruise ships.