Egypt Archives - Maritime Shipping News

DP World Sokhna delivers record breaking throughput

20 May 2025

DP World Sokhna in Egypt handled a record-breaking 285,000 TEU in the first three months of 2025, the highest quarterly volume in nearly two decades of operating the port.

The figure represents a 26% increase over planned volumes, underscoring the port’s growing strategic role in facilitating trade for the region and supporting Egypt’s economic growth. A major driver of growth has been refrigerated container exports, as the country solidifies its standing as one of the world’s leading citrus...

https://www.themaritimestandard.com/dp-world-sokhna-delivers-record-breaking-throughput/

Egypt in Talks to Buy LNG Through 2030 to Offset Weak Production

16 May 2025

Egypt is looking to buy liquefied natural gas through the end of the decade, a move to meet surging summer power demand and supplant flagging domestic production.

https://gcaptain.com/egypt-in-talks-to-buy-lng-through-2030-to-offset-weak-production/

Suez Canal offers discount in bid to lure boxships back

14 May 2025

Egypt’s Suez Canal will offer a 15% discount for the next three months on transit fees for containerships of 15,000 teu and above in terms of capacity, to encourage trade back, with recent headlines suggesting the Red Sea shipping crisis is coming to a close. The Suez Canal Authority said the offer...

https://splash247.com/suez-canal-offers-discount-in-bid-to-lure-boxships-back/

Egypt’s Suez Canal Offers 15% Discount For Big Container Ships to Win Back Trade

13 May 2025

Egypt’s Suez Canal will offer a 15% discount on transit fees for container ships with net tonnage of at least 130,000 metric tons, to encourage trade back now the security situation has eased and help ships offset rising insurance costs, its authorities said on Tuesday.

https://gcaptain.com/egypts-suez-canal-offers-15-discount-for-big-container-ships-to-win-back-trade/

Höegh Evi signs decade-long FSRU charter with EGAS

13 May 2025

Norwegian marine infrastructure provider Höegh Evi has signed a 10-year time charter agreement with Egyptian Natural Gas Holding Company (EGAS) for the deployment of the 2013-built Hoegh Gandria LNG carrier as an FSRU in Egypt. The FSRU unit, set to be converted from a 160,548-cbm LNG carrier to an...

https://splash247.com/hoegh-evi-signs-decade-long-fsru-charter-with-egas/

AD Ports strikes deal to set up logistics zone in Egypt

5 May 2025

Abu Dhabi-based ports and logistics giant AD Ports Group has signed a 50-year concession deal with Egypt’s Suez Canal Economic Zone to set up a 20 sq km logistics and industrial zone east of Port Said on the Mediterranean Sea. Under the agreement, AD Ports Group will develop, build, finance,...

https://splash247.com/ad-ports-strikes-deal-to-set-up-logistics-zone-in-egypt/

Trump calls for free passage of American ships through Suez and Panama canals

27 April 2025

US president Donald Trump has called for free passage of American ships through two of the vital shipping waterways, the Panama and Suez canals. Trump said in a social media post on Saturday that American ships, both military and commercial, should be allowed to travel, free of charge, through the...

https://splash247.com/trump-calls-for-free-passage-of-american-ships-through-suez-and-panama-canals/

CMA CGM buys into Egyptian inland port

14 April 2025

French shipping and logistics giant CMA CGM has agreed to buy a 35% stake in Egypt’s October Dry Port (ODP). Officially launched in November 2023, ODP is Egypt’s first dry port and the first public-private partnership project in the Egyptian transport sector under the EBRD Green Cities program. It...

https://splash247.com/cma-cgm-buys-into-egyptian-inland-port/

ADES wins three-rig $180m deal in Egypt

9 April 2025

Saudi oil and gas driller ADES has won an extension for three of its offshore jackup rigs operating in Egypt. The company said that the extensions were awarded by Egypt-based General Petroleum Company and cover the Admarine III and Admarine VI, which have been extended for a firm one-year period...

https://splash247.com/ades-wins-three-rig-180m-deal-in-egypt/

The East Med in the Spotlight as PSTF Challenges and Opportunities for Further Cruise Growth in the Region

2 April 2025

As the 8th Posidonia Sea Tourism Forum (PSTF) opens its doors in Heraklion this May, the spotlight is firmly on the Eastern Mediterranean, where the cruise industry faces multiple challenges potentially slowing its growth. These range from concerns about overcrowding and its strain on local environments and resources to port infrastructure deficiencies and geopolitical uncertainties.

Under the theme “The Med: A Compelling Need for New Marquee Ports & Destinations,” this year’s forum will bring...

https://allaboutshipping.co.uk/2025/04/02/the-east-med-in-the-spotlight-as-pstf-challenges-and-opportunities-for-further-cruise-growth-in-the-region/

+ More