Archive for the ‘portseurope.com’ Category

Qatar Investment Authority visits Damietta Port

Damietta, Egypt (PortSEurope) October 24, 2022 – Qatar Investment Authority has sent a delegation to visit Damietta Port in Egypt. A delegation from Maha Capital, the investment arm of Qatar Investment Authority (QIA) visited the port to learn about the container terminal and discuss cooperation. This included the new Container Terminal Tahya Misr 1 and Eastern and Western breakwater projects.

A joint venture was founded.

„Damietta Alliance“ developing and operating a new container terminal in Damietta, Egypt

A new terminal will be built in the port of Damietta/Egypt. For this purpose, a Joint Venture was founded to develop and operate the new “Terminal 2” in the port. The Joint Venture “Damietta Alliance Container Terminal S.A.E.” consists of three core shareholders which are Hapag-Lloyd Damietta GmbH (39%), Eurogate Damietta GmbH (29.5%) and Contship Damietta Srl (29.5%). Two other partners, Middle East Logistics & Consultants Group and Ship & C.R.E.W. Egypt S.A.E., will each hold 1%.

The new Terminal 2 at the port of Damietta is expected to start operations by 2024. It will have a final total operational capacity of 3.3 mio TEU and serve as Hapag-Lloyd´s dedicated strategic transshipment hub in the East Mediterranean.

“With the new terminal Hapag-Lloyd will significantly improve its transshipment operation in the East Mediterranean market as well as access to the local Egyptian trade”, said Rolf Habben Jansen, CEO of Hapag-Lloyd.

Thomas H. Eckelmann, Chairman of the EUROGATE Group Management Board, stated: “With the Terminal 2 being operational in 2024, Hapag-Lloyd and its partners will be able to use a state-of-the-art terminal with sufficient capacity, high productivity and a dense feeder network.”

Cecilia Eckelmann-Battistello, Chairman of the Board of Contship Italia, added: “We feel privileged and are extremely grateful for the support of the Egyptian government. The concession to operate the facility is granted to the Joint Venture for 30 years. This gives us and our respective customers a long-term perspective in the port of Damietta.”

The Egyptian Minister of Transport, Lieutenant-General Eng. Kamel Al-Wazir, commented: “This is a very encouraging, well planned partnership of international and Egyptian private sector in order to position Egypt as a global hub for logistics and trade. In this first phase we will establish the port of Damietta as an integrated logistics hub for containers, which will then be followed by the establishment of logistic corridors reaching to different manufacturing areas in Egypt by railway network.”

The final signing of the concession agreement has taken place today in Cairo, Egypt.

source :hapag-lloyd

portseuropeenterprise.presslloydslistship technologyblue economystate Information system

hapag-lloyd-ahram online

Egypt to launch the largest logistics project in Middle East

Transport Minister Kamel al-Wazir witnessed the signing of a Memorandum of Understanding (MoU) between the Transport Ministry and major European and German companies in the field of handling container terminals, dry ports and logistics to launch the largest logistics project in the Middle East and Africa.

The project includes a container terminal, a railway line, a dry port and a cargo distribution area, with a total investment of 750 million euros, as a first phase.

The minister added that the project also includes the establishment of an integrated logistic corridor that includes a container terminal. The terminal will be linked to a dry port in al-Dhuhair area through a railway line.

The corridor will serve ports of the Eastern branch of the Suez Canal and ports overlooking the Mediterranean, which will reduce pressure on road transport, he said.

The MoU aims at cooperation on a business model for the project to achieve economic development at the Damietta Port and the surrounding area, which in turn will make other Egyptian ports more competitive, the minister said in a statement on Wednesday.

The project will contribute to making the port a pivot point in the Eastern Mediterranean region and to the opening of new export markets through the operation of direct shipping services to the port and increased competitiveness with countries producing similar industrial products, said Wazir.

He pointed out that the project will also contribute to attracting foreign direct investment, reflecting positively on the investment climate in Egypt.

The feasibility study and the proposed business model will be complete within four months. The terminal will be complete by the end of 2022, he stated.

Edited translation from Al-Masry Al-Youm

Enterprise

portseurope

ExxonMobil considers Egypt’s Damietta port for logistics centre

Damietta Port Authority (DPA) Chairman Tariq Shaheen has discussed investment opportunities with a delegation from ExxonMobil, Al Borsa reported.

ExxonMobil is reportedly considering to establish a logistics center in the port, which enjoys a strategic location near Egypt’s recent offshore natural gas discoveries in the East Mediterranean, as well as a strong infrastructure.

The DPA chairman emphasized his readiness to offer all the available facilities to carry out this kind of projects, especially with multiple international companies operating in Mediterranean fields.

The ExxonMobil delegation visited the port to review its location and facilities.

It was announced during the 2019 Egypt Petroleum Show (EGYPS) that ExxonMobil was awarded its first contract for natural gas exploration in Egypt, which also marked the company’s return to upstream operations, after a period of exclusively working in downstream.

Source: energy mix report

Egypt Oil & Gas

portseurope

Damietta port attends East Mediterranean Maritime Conference (EMMC 2019)

Beirut, Lebanon (PortSEurope) July 3, 2019 – Tarik Shahin, Chairman of Damietta Port Authority joined the East Mediterranean Maritime Conference (EMMC 2019), which took place in Beirut from 19 to 20 June 2019.

The conference highlighted the achievements of the Eastern Mediterranean region in the maritime sector and the challenges it is facing. It also tackled the readiness of the ports of the region as pivotal ports, the future of the offshore sector and the importance of training and developing the efficiency of the human element in the maritime sector.

Shahin also participated as a speaker presenting “The readiness and sustainability of the ports of the Eastern Mediterranean as pivotal ports”. Shahin gave a presentation on Damietta port highlighting the projects, achievements and advantages of the port and its marketing efforts.

Lebanon’s Port of Tripoli was the Golden Sponsor of the event.

The East Med Maritime Conference (EMMC) is a platform to discuss the latest developments in the shipping, maritime, and offshore industries, and provide a premier interdisciplinary forum to the maritime training professionals and community to present the most recent innovations, trends, and concerns, present/future challenges and recommended solutions.

Source: PortSEurope

Damietta port attends MEDports Forum in Marseille

Marseille, France (PortSEurope) July 3, 2019 – Tarek Shahin, Chairman of Damietta Port Authority (DPA), attended the General Assembly of the MEDports Association and MEDports Forum which took place in Marseille, June 24-25, 2019. 

Shahin participated in the seminar entitled “Mediterranean Ports Initiatives and Efforts in the Face of Environmental Challenges”, which tackled issues like the blue economy and the green ports, and the role of Mediterranean ports in international shipping.

The discussions also addressed the objectives and the constraints of the transformation into green energy sources within the maritime transport sector, including the report of the Sustainability Committee of the Association and the impact of climate change on ports and the efforts of European ports in this regard.

Discussions dealt with the innovative green logistics solutions in the ports, including the World Program for Port Sustainability (WPSP), the innovative legislative frameworks to reduce the pollutant emissions of the environment and the efforts of some African ports in this regard. The conference also addressed the issue of smart ports as an innovative tool to reduce the effects of environmental changes and review the project of the Smart Ports Committee (Data Mare Nostrum).

During the forum, Shahin gave a presentation on the port of Damietta in which he pointed to its distinguished location on the international trade route and near the Suez Canal.  He also pointed out that Damietta Port has an environmental observatory to measure the percentage of pollution, if any, in the air, sea, soil and a reception facility of ship waste.

Source: PortsEurope

Damietta Port ready to welcome bigger ships

After the recent efforts exerted by Damietta Port authority (DPA) to deepen the navigational channel to 16 meters, the turning circle and the container berths to 15.5 meters, Damietta  Port  is now ready to accommodate giant container vessels up to 14,000 TEU , and 15 meters draft.

DPA Chairman Cpt. Tarek Shahin confirmed Damietta Port is now in the forefront  Eastern Mediterranean ports, especially after being set to implement the “Just In Time Operation” on the operation of ships in the port , which aims to reach zero waiting at the port’s outside waiting area.

Noteworthy that  Damietta Port was the first Egyptian port to introduce OPS technique in providing electric power to berthing vessels. This procedure has raised Damietta’s ranking as a green port and has yielded very positive outcomes that fit in well with MARPOL Convention requirements.

Source: Container News
portseurope.com

Dredging Today

SeaNews

Container Management



Damietta Port Authority to host MEDPorts Association meeting

Damietta Port Authority (DPA) will host the next meeting of MED Ports Association’s  Committee of “Relations with International Institutions” on March 20, 2019.

The meeting is expected to discuss the signing of MOUs with a number of international institutions, like the International Association of Ports and Harbors (IAPH), and the association’s international strategy.

MEDPorts was constituted in June 2018 with its main objectives to promote the collaboration between Mediterranean ports to face the new challenges of international trade and logistics, as well as to highlight the centrality and importance of the Mediterranean in the new world trade flows.

An advantage of the organisation is that it is formed by port authorities and not by countries, which allows to endow it with a purely technical policy to favour the development of ports and transport corridors with Mediterranean impact.

The main lines of work of the association are the promotion of cooperation between the ports of the Mediterranean, taking advantage, among others, of the opportunities offered by the so-called New Silk Road.

Damietta Port Authority (DPA) is one of the founding member of the MEDPorts Association which includes 20 European and Arab ports on the Mediterranean Sea.

Source:portseurope

PSA International visits Damietta port to discuss cooperation

Damietta Port Authority (DPA) has reported talks with Singapore-based PSA International about cooperation on future container handling projects at the port.

The delegation expressed interest in “joint cooperation in container handling,” said a DPA statement.

Damietta Port is situated 8.5 km west of the Nile river of Damietta branch westward Ras El-Bar, and it is 70 km west of Port Said.

Previously, DPA announced a new container terminal project, with a stacking area of 700,000 m² and a 17m deep berthing area. It will seek a partner to build and operate the facility.

In January 2019, Egypt’s transport minister Hisham Arafat met representatives of German company Hapag-Lloyd AG, which generates about 50% of the container traffic at Damietta port. 

Arafat presented various investment opportunities in the maritime transport sector to the management of the two companies, such as multi-purpose stations in the ports of the Red Sea, Alexandria and Damietta.

PSA is a leading global port group with flagship operations in Singapore and Antwerp. PSA’s portfolio comprises a network of over 50 coastal, rail and inland terminals in 17 countries, including PSA Sines (Portugal), Mersin International Port (Turkey), and PSA-Voltri Pra and southern European container hub (Genoa and Venice in Italy).

Source: portseurope

Hapag-Lloyd eyes investments in Egypt’s port sector

Egypt’s transport minister Hisham Arafat has met representatives of German company Hapag-Lloyd AG, which generates about 50% of the container traffic at Damietta port.

Arafat presented various investment opportunities in the maritime transport sector to the management of the two companies, such as multi-purpose stations in the ports of the Red Sea, Alexandria and Damietta.

Egypt’s Ministry of Transport cooperates with the Suez Canal Authority in the preparation of the overall master plan for the Egyptian maritime ports, in order to attract investments and create new job opportunities.

The company expressed their wish to invest in a number of projects, especially the second container terminal in Damietta port which is considered one of the major investment projects planned for the harbour.

Hapag-Lloyd also expressed its readiness to cooperate in transporting containers from Egyptian ports via railways, as well as cooperation in the field of logistics and river transport.  

Source:Portseurope.com