Ain Sokhna Port

DP World keeps expanding its operational footprint in Eastern Mediterranean

DP World’s recent operations at Ain Sokhna Port in Egypt underscore a strategic move to enhance the port’s role—and Egypt’s position—as a key player in regional and global automotive exports.

DP World’s investment of over US$1.3 billion in Ain Sokhna Port over the past two decades is a clear indication of its long-term commitment to strengthening port capabilities and services. By facilitating the first-ever export shipment of passenger vehicles, DP World is not only diversifying the types of...

https://container-news.com/dp-world-operational-footprint-eastern-mediterranean/

DP World Sokhna completes first passenger vehicle export shipment

In a significant boost to Egypt’s automotive industry, DP World has successfully managed the first-ever export shipment of passenger vehicles from Ain Sokhna Port.

The roll-on-roll-off (ro-ro) vessel ULUSOY 5, operated by Khedivial Marine Agency (KMA) Egypt, recently set sail for Jebel Ali, Dubai, carrying 498 locally assembled Nissan Sunny cars.

Following this initial shipment, DP World aims to export up to 10,000 vehicles in 2025, further driving growth in Egypt’s automotive sector and...

https://container-news.com/dp-world-sokhna-first-passenger-vehicle-export-shipment/

Hutchison Ports to spend US$700 million to develop container terminals in Egypt

Hutchison Ports will invest around US$700 million in Egypt’s major port, Ain Sokhna Port, and in a new container terminal in the Port of Alexandria, B100.

After the completion of the two recent projects, the total investment of the global port operator in Egypt will exceed US$1.5 billion.

The investment includes the development of a new container terminal in Ain Sokhna Port with a capacity of 1.7 million TEUs, which will be equipped with state-of-the-art technology and equipment. In addition,...

https://container-news.com/hutchison-ports-to-spend-us700-million-to-develop-container-terminals-in-egypt/

Hutchison Ports Invest US$700m in Egyptian Port Projects

Credit: shunya-koide-unsplash

Hutchison Ports, the global port operator, has announced a significant investment in Ain Sokhna Port, Egypt’s major port, and B100, a new container terminal in the Port of Alexandria. The total investment of the two projects is approximately US$700 million, bringing Hutchison Ports’ total investment in Egypt to over US$1.5 billion and paving a solid foundation for the company’s strategy to expand its network and enhance its capabilities in emerging markets,...

https://mfame.guru/hutchison-ports-invest-us700m-in-egyptian-port-projects/

Hutchison Ports enhances Egyptian portfolio signing concessions for two box terminals

Hong Kong-based port operator Hutchison Ports has decided to invest further in the Egyptian container industry signing two concession agreements with the Egyptian Government for the box terminals in Ain Sokhna Port and El Dekheila Port.

The total investment for the initial operations of the two projects is approximately US$700 million, bringing Hutchison Ports’ total investment in Egypt to over US$1.5 billion.

Hutchison Ports will cooperate with major container carriers for the completion of the...

https://container-news.com/hutchison-ports-enhances-egyptian-portfolio-signing-concessions-for-two-box-terminals/