The Panama Canal Authority (ACP) announced the sixth reduction in its maximum draft this year for the Neopanamax locks on Gatun Lake as water levels continue to fall.
16 Nov 2018
“In my personal opinion, yes [Egypt does need capacity]. I really think there is a growth story. There is congestion and a need for higher-quality infrastructure,” said Khaled Nageib, CEO and president of Egyptian Ports Development Group, a private-sector company engaged in the development of domestic and international ports.
23 Mar 2018
Water projects to supply drinking water, hydroelectric power, and sewage treatment are major sources of global shipments for engineering, procurement, and construction companies, and for forwarders and breakbulk carriers that deliver materials, including pipes, turbines, and modules for water treatment plants.
19 Feb 2018
Rising container volume entering Europe through Mediterranean ports is creating challenges for ports in the region and intermodal operators.
10 Apr 2017
DP World took over the operation and management of Sokhna from a group of private investors in 2008.
04 Jan 2017
With freight rates hovering around historic lows, liners have tried to find savings wherever possible.
06 Jun 2016
The Suez Canal has extended and deepened discounts to container lines.
31 Mar 2016
The Suez Canal Authority has cut tolls to transit the canal by 30 percent after traffic shrank in 2015 and container lines began routing ships around the Cape of Good Hope because historically low fuel prices have made that route cheaper than paying the canal’s tolls.
09 Mar 2016
MENA Infrastructure, a fund manager and equity investor in Middle East infrastructure, said it divested its 30.3 percent stake in Egypt’s Alexandria International Container Terminals to Hong Kong’s Hutchison Port Holdings for an undisclosed sum.
26 Feb 2016
Ultra-large container ships can now call at the Suez Canal Container Terminal 24 hours a day following the opening of a new access channel at the Mediterranean entrance to the Egyptian waterway.
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