Shipping & Logistics News
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Egypt to raise Suez Canal transit fees by 5-15 pct in 2024
Egypt announces an increase in Suez Canal transit fees ranging from 5% to 15% from January 15, 2024. The fees apply to various ships with exceptions for certain containerships.
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Egypt: Transport Ministry to set up 8 logistics zones in Sinai
The logistics zones are part of the state’s major project to develop Sinai.
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Egypt Selects Consultants for 34km Cairo Metro Line Design
Egypt's Ministry of Transport joins hands with French consultants Egis and Setec for its Cairo Metro Line 6 project. Will the new 34km line transform Cairo's urban mobility? Read more.
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10 facts about Egypt's high-speed railway system
Egypt has recently undertaken several high-speed railway projects to improve transportation infrastructure and connectivity across the country.
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Egypt, France Sign MoU Regarding Cairo Metro Line 6
The Minister of Transport indicated that this contract is considered a giant step in the field of joint cooperation in the transport sector.
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Egypt eyes cooperation with Belarus on electric bus production
Egypt's Minister of Transport discussed possibilities of establishing an electric bus factory with the Belarusian ambassador to Cairo.
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First Desiro HC Electric Multiple-Unit Arrives in Egypt
Siemens Mobility delivers the first of 94 Desiro High Capacity electric multiple-units to Egypt on September 25, marking a significant milestone in Egypt's railway modernization initiative.
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East Nile Monorail to undergo trial operation on November 5
The East Nile Monorail is to begin a trial operation on November 5, with no passengers, in Arad al-Maared and al-Manara.
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Egypt's Railway Authority Announces Discounted Subscriptions for Students
The Railway Authority announced discounted subscriptions at nominal prices on the (3rd air-conditioned - 3rd ventilated - Long Live Egypt) trains.
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July sees Suez Canal revenues surge, setting new records
The Suez Canal has broken records by achieving revenue of $9.4 billion for the fiscal year 2022-2023. A noticeable increase in July revenues has boosted this year's financial performance, reaching new heights.
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Siemens delivers first of 176 Desiro electric trains in Egypt
These fully electric trains boast a 70 per cent reduction in carbon emissions. according to the rolling stock manufacturer.
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Egypt approves $400 mn loan deal for Cairo-Alexandria rail logistics
The Cairo-Alexandria Trade Logistics Development Project will implement a railway bypass to the congested GCA.
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High-Speed Train Network Linking Upper Egypt & Red Sea Almost Complete
The near-complete construction of the express electric train network comprises three main lines with a total length of 2,000 km.
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‘Biden Corridor’ will only take 0.1% of Suez Canal’s trade: SCA chairman
The Chairman of the Suez Canal Authority, Osama Rabie, has assured the 'Biden Corridor' will only take away a tiny piece of the Suez Canal’s transit flow, no more than 0.1 percent.
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OCI Global Receives Methanol Bunkering Permit in Egypt
In an effort toward shipping decarbonization, OCI Global has been granted the first methanol bunkering permit for fuel supply in East Port Said and West Port Said.
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SCZone record an all-time high of LE 6B revenues in FY2022/23
The total revenues witnessed a 78 percent increase compared to LE 3.490 billion it recorded during the past fiscal year 2021/2022.
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SCZone participates in Maersk’s first methanol vessel naming ceremony
The vessel started its journey from South Korea passing by Singapore and Asia and last month passed through the Suez Canal on its way to Europe.
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Former SCA chairman explains impact of new intercontinental trade corridor on Suez Canal
The economic corridor, announced at the G20 Summit in New Delhi, is a multi-modal process that transports goods via the land, sea and railway.
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SCZone Contracts with Dutch Alliance to Enhance Investments in Green Fuel Industry
The protocol includes expanding the work of these companies by pumping major investments within the economic zone.
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Alexandria to get new 1.3 billion euro metro system
The project will connect downtown Alexandria to the northeastern town of Abu Qir.