EDECS awarded new containers terminal project at Ain Sokhna Port

Construction company EDECS has laid the foundation stone for the Red Sea Containers Terminals, owned by the Hutchison Ports, CMA Terminals, and COSCO Shipping Ports, to implement the new containers terminal project in Ain Sokhna Port.

Updated 7/14/2024 7:57:00 AM

IFC eyes providing $175M loan to Suez Canal Container Terminal

The International Financial Corporation (IFC) is considering providing a loan of up to $175 million to back the Suez Canal Container Terminal’s (SCCT) expansion of its existing container terminal at East Port Said port.

Updated 10/3/2023 12:29:00 PM

Renovation of Ain Sokhna Port’s 1st phase to be finalized before end-2023

The first phase of the development of Ain Sokhna Port in eastern Egypt will be completed before the end of this year.

Updated 7/30/2023 3:48:00 AM