{"id":40975,"date":"2022-11-21T07:00:00","date_gmt":"2022-11-21T05:00:00","guid":{"rendered":"https:\/\/www.ecomnewsmed.com\/?post_type=news&#038;p=40975"},"modified":"2022-11-17T22:05:52","modified_gmt":"2022-11-17T20:05:52","slug":"egypt-suez-canal-container-terminal-will-build-and-operate-the-second-container-terminal-at-the-port-of-port-said-east-for-500-million","status":"publish","type":"news","link":"https:\/\/www.ecomnewsmed.com\/en\/2022\/11\/21\/egypt-suez-canal-container-terminal-will-build-and-operate-the-second-container-terminal-at-the-port-of-port-said-east-for-500-million\/","title":{"rendered":"Egypt: Suez Canal Container Terminal will build and operate the second container terminal at the port of Port Said East for $500 million"},"content":"\n  \n    \n      \nThe General Authority of the Suez Canal Economic Zone (SCZONE) announced, in a press release issued on November 15, the award of a $500 million contract to Suez Canal Container Terminal (SCCT) for the construction and l operation of the second container terminal at the port of Port Said East.\n\n    \n  \n\n\n  \n    \n      \nSuez Canal Container Terminal, a subsidiary of Dutch port operator APM Terminals, &#8220;will take care of the financing, design, construction, management and operation of the second container terminal&#8221;, it was reported. specified from the same source.\n\n    \n  \n\n\n  \n    \n      \nThe contract was signed by SCZONE Chairman Walid Gamal El-Dein and SCCT CEO Steven Yoogalingam on the sidelines of the 27th UN Climate Change Conference (COP27) in Sharm El-Sheikh.\n\n    \n  \n\n\n  \n    \n      \nThe new container terminal will have a quay with a length of 955 meters and a handling space of 510,000 square meters. It will have a capacity of 2 million TEU (twenty foot equivalent).\n\n    \n  \n\n\n  \n    \n      \nSuez Canal Container Terminal has been operating a container terminal with a capacity of 4 million TEUs at the port of Port Said East since 2004, with a quay length of 2,400 meters and a handling yard of 1.2 million meters squares.\n\n    \n  \n\n\n  \n    \n      \nHeld 55% by APM Terminals, Suez Canal Container Terminal also counts among its shareholders the Chinese operator Cosco Pacific (20%), SCZONE (10.3%) and the National Bank of Egypt (5%).\n\n    \n  \n\n","author":114,"featured_media":26169,"comment_status":"open","ping_status":"closed","template":"","tags":[6293,5751,6659],"location":[5600],"class_list":["post-40975","news","type-news","status-publish","has-post-thumbnail","hentry","tag-canal-de-suez","tag-economy","tag-sea","location-egypt"],"short_url":"https:\/\/bit.ly\/3Xado6x","have_related_news":"done","chapo":"Suez Canal Container Terminal has been operating a container terminal with a capacity of 4 million TEUs at the port of Port Said East since 2004. The second terminal should allow it to obtain an additional capacity of 2 million TEUs.","media":{"src":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/07\/suez2-550x360.png","srcset":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/07\/suez2-550x360.png 550w","sizes":"550px","alt":"","width":550,"height":360,"ratio":0.68,"credit_photo":""},"media-news-header":{"src":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/07\/suez2-965x658.png","srcset":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/07\/suez2-965x658.png 1170w","sizes":"1170px","alt":"","width":1170,"height":658,"ratio":0.68,"credit_photo":""},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.9.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Egypt: Suez Canal Container Terminal will build and operate the second container terminal at the port of Port Said East for $500 million - Ecomnews Med<\/title>\n<meta name=\"description\" content=\"The General Authority of the Suez Canal Economic Zone (SCZONE) announced, in a press release issued on November 15, the award of a $500 million contract\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ecomnewsmed.com\/en\/2022\/11\/21\/egypt-suez-canal-container-terminal-will-build-and-operate-the-second-container-terminal-at-the-port-of-port-said-east-for-500-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt: Suez Canal Container Terminal will build and operate the second container terminal at the port of Port Said East for $500 million - 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