Port News & Information Mediterranean, Black & Caspian Seas

Egypt

Egypt is a country located in the northeastern corner of Africa. regarding ports and shipping, its key asset is the Suez Canal which links the Red Sea and the Mediterranean Sea. It is the world’s leading shipping lane connecting Asia and Europe. Its primary ports on the Mediterranean coast are Alexandria, Damietta and Port Said.

Hapag-Lloyd promotes new Damietta port terminal

Damietta, Egypt (Ports Europe) January 11, 2023 – Last May, the joint venture Damietta Alliance Container Terminal S.A.E. was established to develop and...

Suez Canal expects a record breaking $8 billion in revenue

Port Said, Egypt (PortSEurope) December 26, 2022 – Egypt’s Suez Canal expects revenue to reach the record-breaking $8 billion in its current fiscal year...

Damietta Port Authority signs a cooperation agreement with Methanex Egypt

Damietta, Egypt (PortSEurope) December 19, 2022 – Damietta Port Authority (DPA) has signed a cooperation agreement with Methanex Egypt for methanol...

Egyptian port companies plan local listing next year

Port Said, Egypt (PortSEurope) December 19, 2022 – Damietta Container & Cargo Handling Company and Port Said Container & Cargo Handling Company...

Voltalia, TAQA Arabia plan green energy cluster in Egypt

Port Said, Egypt (PortSEurope) December 8, 2022 – France’s Voltalia SA and Egyptian energy company TAQA Arabia have signed a memorandum of...

Suez Canal Economic Zone signs seven MoUs for hydrogen development

Port Said, Egypt (PortSEurope) December 8, 2022 – The Suez Canal Economic Zone has signed seven Memorandums of Understanding (MoU) for green hydrogen...

New line to deliver Egypt’s food and agricultural products to Russia via Novorossiysk

Novorossiysk, Russia (PortSEurope) November 27, 2022 – DalRefTrans company, part of the giant Russian FESCO Transport Group, is planning to launch a new...

Suez Canal Container Terminal signs expansion agreement

Port Said, Egypt (PortSEurope) November 17, 2022 – The Suez Canal Container Terminal (SCCT) has signed an expansion agreement with the Suez Canal...

EBRD supports first green hydrogen facility in Egypt

Cairo, Egypt (PortSEurope) November 15, 2022 – The European Bank for Reconstruction and Development (EBRD) is to lend $80 million loan to Egypt Green to...

Green Shipping Challenge at COP27

Sharm el-Sheikh, Egypt (PortSEurope) November 8, 2022 – As part of the COP27 event in Egypt, the Green Shipping Challenge was yesterday presented. Below...

Mitsubishi Power signs Damietta LNG service contract

Damietta, Egypt (PortSEurope) November 3, 2022 – Mitsubishi Power has signed a long term service agreement (LTSA) with Damietta LNG (DLNG) to support the...

Russia seeks EAEU investment in Industrial Zone in Suez

Yerevan, Armenia (PortSEurope) October 30, 2022 – Unable to invest in its Industrial Zone in Suez, Russia is seeking investment from Eurasian Economic...

Qatar Investment Authority visits Damietta Port

Damietta, Egypt (Ports Europe) October 24, 2022 – Qatar Investment Authority has sent a delegation to visit Damietta Port in Egypt. A delegation from...

Russian Industrial Zone in Suez doomed by sanctions

Suez, Egypt (Ports Europe) October 21, 2022 – The Russian Industrial Zone (RIZ) is a doomed project following western sanctions against Russia. Russia is...

Russia’s RUSCON expands into Middle East & North Africa

Moscow, Russia (Ports Europe) September 22, 2022 – Russia’s transport company RUSCON expands into Middle East & North Africa with a multimodal...

Suez Canal to increase transit prices in 2023

Port Said, Egypt (Ports Europe) September 19, 2022 – The Suez Canal Authority plans to increase transit prices in 2023. The transit tolls for all types...

SCZONE signs MOU with H2 Industries to establish a new waste-to-hydrogen facility in East Port-Said

Port Said, (Ports Europe) June 14, 2022 – The General Authority for Suez Canal Economic Zone (SCZONE) has signed a Memorandum of Understanding (MoU) with...

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