RAK Ports and Hutchison sign long term Saqr Port extension

RAK Ports, in Ras Al Khaimah, UAE, and international ports operator, Hutchison Port Holdings have signed an agreement reaffirming a long-standing partnership that will see Hutchison continue to operate container terminal services at Saqr Port through to 2037.

Saqr Port, one of the largest bulk-handling port in the Middle East, aims to position itself as a container trade gateway with direct connections to major markets. It cites a recently launched container service to India’s Mundra Port, as a...

https://www.themaritimestandard.com/rak-ports-and-hutchison-sign-long-term-saqr-port-extension/

KEZAD East Port Said Zone deal agreed

AD Ports Group and the General Authority for Suez Canal Economic Zone (SCZONE) have signed a key agreement, to develop and operate a 20 km2 industrial and logistics park near the Egyptian coastal city of Port Said.

The East Port Said Industrial Zone is expected to provide an opportunity to turn the Mediterranean Sea location into an important hub for international trade and investments, serving the East-West trade routes, right at the entrance of the Suez Canal.

Under the terms of the agreement,...

https://www.themaritimestandard.com/kezad-east-port-said-zone-deal-agreed/