Annual increase in non-oil Egyptian exports, imports

Non-oil Egyptian exports increased by 11% year-over-year (y-o-y) during the period from January to October 2018, recording $20.642bn, compared to $18.551bn during the same period last year, an increase of $2.91bn, according to the latest report received by Minister of Trade and Industry, Amr Nassar, from the General Organization For Export and Import Control.

For his part, Chairperson of the General Organisation for Export and Import Control, Ismail Jaber, said that five export sectors achieved...

http://container-news.com/annual-increase-non-oil-egyptian-exports-imports/

Joint venture wins Egyptian towage contract

Global tug operator, Rotterdam-based Kotug International, and Egypt’s Petroconsult have joined forces to establish a new company called Kotug Petro Maritime (KPM). Already the venture has achieved a notable success in being awarded a long-term contract by the Arab Petroleum Pipelines Company (SUMED).

Through this contract the joint venture will provide a range of services and carry out towage operations, including FSRU operations, at SUMED’s Ain Sukhna terminal on the Egyptian Red Sea coast....

https://www.themaritimestandard.com/joint-venture-wins-egyptian-towage-contract/

Ukraine, Egypt sign agreements to boost ties between their ports

The Ukrainian Sea Ports Authority signed agreements with the Egyptian ports of Alexandria and Damietta on 2nd of November. These agreements aim to establish a bilateral working group with representatives of shipping lines, traders, port operators to discuss the implementation of joint projects.

The agreements provide a comprehensive exchange of information, joint assistance of shipping companies, importers, exporters and forwarders, exchange of experience in the field of modernization of the...

https://safety4sea.com/ukraine-egypt-sign-agreements-to-boost-ties-between-their-ports/

GPS interference reported in Mediterranean and Red Seas

U.S. Maritime Advisory 2018-014 informs of a continued GPS interference by vessels and aircraft operating in the Eastern Mediterranean Sea. This kind of interference is causing the alternation of GPS signals and in general affects the navigation and communication of vessels.

U.S. Maritime Advisory 2018-014 focuses on the continuous GPS interference that is reported by vessels and aircraft. This interference is mostly reported near Port Said, Egypt, the Suez Canal, and near Cyprus.

Similar...

https://safety4sea.com/gps-interference-reported-in-mediterranean-and-red-seas/

IRS to expand operations

Indian Register of Shipping (IRClass), the fast-growing international classification society, has announced it is to further expand its operations into the Middle East and Africa (MEA) region. The organisation plans to open new offices in Saudi Arabia, Qatar, Egypt, Lebanon and Nigeria over the coming months.

The expansion is designed to cater for the needs of the growing number of IRS customers within this region and establish closer connections with flag administrations, ship owners, shipyards...

https://www.themaritimestandard.com/irs-expand-operations/

Egypt reduces fees for ships arriving at East Port Said

Container ships and ferries coming from foreign ports to East Port Said will enjoy a discount at tariffs for a period of one year, according to an official statement by the Suez Canal Authority on Thursday.

A 30% discount on port, docking and guiding fees will apply for vessels carrying less than 80,000 tonnes while those carrying more than that will receive a 40% discount, Reuters reported.

Vessels carrying more than 50 containers will be eligible for a discount of up to 60%, but both rates...

https://safety4sea.com/egypt-reduces-fees-for-ships-arriving-at-east-port-said/

New rail services in Egypt

Chairman of the Egyptian National Railway Authority Ashraf Raslan announced on Monday (Oct. 15) that the authority will conduct travels to transport containers through cargo trains for the first time from Ain Sokhna port to Al Roubiki station at the 10th of Ramadan city.

As part of the TRA’s plan to maximize the role of rail transport during the upcoming stage to develop the authority’s revenues through the optimal utilization of the cargo fleets, the first container-loaded train began on...

http://container-news.com/new-rail-services-egypt/

COSCO will transport Egyptian pavilion to China

China’s COSCO Company started Saturday shipping the Egyptian pavilion for the China International Import Expo that will be held in Shanghai from Nov. 5 to 10.

“The first Egyptian container that will leave the Port Said port at 22:00 pm (2000 GMT) contains handicrafts, cotton textiles, furniture, medical equipment, industrial products, souvenirs, and raw materials,” said Mohsen al-Mazahy, chairman of Port Said for Containers & Cargos Company.

The 25-day trip will pass through Singapore port before...

http://container-news.com/cosco-transport-egyptian-pavilion-china/

Hot Port News from GAC

22-Sep-2018

WORLD HOLIDAYS: 23 SEPTEMBER-6 OCTOBER 2018
Worldwide

World Holidays: 23 September-6 October 2018
Saturday, September 22, 2018, Worldwide

Public holidays around the world in the coming two weeks include the following:
22 Sep (Sat)-24 Sep (Mon) – Mid-Autumn Festival
23 Sep (Sun) – September equinox
24 Sep (Mon) – Heritage Day (South Africa)
24 Sep (Mon) – Trinidad & Tobago Republic Day
1 Oct (Mon)-7 Oct (Sun) – China National Day celebrations
1 Oct (Mon) – Hong Kong National Day
1 Oct...

http://www.allaboutshipping.co.uk/2018/09/22/hot-port-news-from-gac-1900/

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon