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COSCO Shipping Ports invests in Egypt’s box terminal

by Kalpana Pandey
March 17, 2023
in News, Europe, Mainline Operators, Shipping
Reading Time: 1 min read
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On 15 March, Zhao Fengnian, chief accountant of the company representing CSPL, attended the signing ceremony in Cairo, Egypt, and signed the project agreement with the other partnering companies.

This project is a new terminal built by the Egyptian government and will be a project constructed and operated by a terminal company formed by industry leaders including CSPL. The operating period for the project is 30 years, the total investment is approximately US$375 million, and the terminal’s container capacity after the completion of the project will reach 1.7 million TEUs.

Tags: COSCO Shipping LinesSokhna New Container Terminal

Kalpana Pandey

The Maritime Gateway Editorial Team delivers trusted news, analysis, and insights on shipping, ports, logistics, supply chains, and global trade, backed by industry expertise and editorial review.

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