Shipping & Logistics News
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Egypt’s National Railways Authority launches new service to improve passenger comfort
The first trips will begin on Train #905/916, starting Thursday, August 21.
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Egypt to receive first train for Metro Line 4 in May 2026
The discussions also touched on expanding cooperation in the home appliance sector, particularly between Elaraby Group and Japanese companies.
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Egypt allocates $123.6mn for first phase of strategic Libya land connection
The total cost for the Egyptian section of the project is expected to reach EGP24bn upon full completion.
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Egypt edges closer to national maritime decarbonization plan
This is a a technical cooperation kickstarted by the IMO to help developing nations slash GHG emissions from shipping, in line with the 2023 IMO GHG.
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Egypt’s Suez Canal Economic Zone revenues jump 38% YoY despite traffic downturn
The increase aligns with SCZONE’s objective to attract regional businesses by offering streamlined access to local markets and talent.
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Suez Canal revenues set to rise by 89% by 2030
According to the forecast, the canal’s earnings will reach $8.2 billion in 2026/2027, $9.9 billion in 2027/2028, and $11.5 billion in 2028/2029.
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Egypt deploys first domestically built marine ambulance
Prime Minister Madbouly emphasised that the introduction of the marine ambulance is part of broader efforts to modernise public health services.
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Egypt Inks Deal with Chinese Shipyard to Build Two New Bulk Cargo Ships
The vessels are expected to be delivered in September and November 2028.
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Egypt looks to Asia in hopes of boosting Suez Canal car carrier traffic
Suez Canal officials say they expect traffic from the shiptype to jump by a fifth in the second half.
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Egypt's SCA explores maritime, logistics cooperation with Thailand
Sirikul affirmed Thailand’s interest in deepening cooperation, particularly in port services, canal operations, and training.
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Egypt to turn Port Said Shipyard into global maritime hub
Rabie underscored the Authority’s ambition to foster meaningful cooperation with top-tier international players in the maritime services sector.
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Egypt imposes total closure of Regional Ring Road for a week
Traffic density distribution on alternative roads will be reviewed at the beginning of the closure week.
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Egyptian logistics startup Octane raises $5.2m to transform fleet payments across MENA
Founded in 2022, Octane is a Cairo-based fintech offering a closed-loop digital wallet for fleets.
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Egypt signs contract with China’s Hantong Shipyard to build 2 KAMSARMAX vessels
Each of the two ships will have a total tonnage of 82,000 tons, with a length of 229 meters, width of 32.26 meters, and draft of 14.5 meters.
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Egypt invests EGP 2t to overhaul transport sector
The railway upgrade plan, worth around 225 billion pounds, includes the purchase of 110 new locomotives from General Electric and signalling system.
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Red Sea Bridge Between Egypt and Saudi Arabia Moves Ahead with $4 Billion Plan
If realized, the structure would establish the first direct land crossing between Saudi Arabia and Egypt, linking two major regions of the Arab world.
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Landmark arrivals cement Egypt Sokhna Port’s role in global trade: DP World
DP World Egypt has reinforced Ain Sokhna Port’s role as a linchpin in Egypt’s economic, industrial, and tourism ambitions.
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Egypt’s Octane raises $5.2 million to digitize fleet payments across MENA
The new funding will be used to expand Octane’s regional footprint, acceptance network, and AI capabilities, including fraud detection and route opt.
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Maritime traffic through Red Sea increases by 60%
This marks a notable improvement from the 20 to 23 ships seen each day during the low point in August of the previous year.
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Saudi Arabia Advances Red Sea High-Speed Rail with Egypt
The new line will link Sharm el-Sheikh in Egypt with Ras Alsheikh Hamid in Saudi Arabia, passing by Tiran Island via a bridge.