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Suez Canal Authority Extend it’s Dry Bulk Vessels Reduction
The Suez Canal Authority (SCA) pays more attention to its users best interest, and has recently taken steps towards being the safest, most secure, most reliable and most competitive compared to other routes. Considering the new changes in the global shipping market, and world economy; and in line with the SCA flexible marketing policies, the SCA has decided that circular no. 3/2018 concerning the rebate granted to (Laden/Ballast) Dry Bulk Vessels; operating between Americas’ ports and Asian ports, shall remain in force till the end of 2019 (the last permissible sailing date from origin port is 31 December 2019) :
Egypt to Establish USD 4bln Petrochemical Complex in Suez
Egyptian Ministry of Petroleum entered in a partnership with the Ministry of Public Business Sector to establish a petrochemical plant in Suez governorate at a total cost exceeds $4 billion, Zawya reported quoting Petroleum Minister Tarek el-Molla. The Ministry of Petroleum will build the complex in partnership with Ministry of Public Business Sector, el-Molla added. The Egyptian Petrochemicals Holding Company (ECHEM) as well as refineries affiliated to the petroleum sector will also cooperate to implement the project, the Egyptian minister said. Molla added that the feasibility studies will take 28 weeks. The Suez plant is set to depend on the refineries affiliated to the petroleum sector in Suez governorate. The Japanese manufacturer Toyota will be in charge of the industrial technologies needed for the complex, he added.
First Triple-E Vessel Visits Suez Canal Terminal
The 18,300 TEU capacity Maren Maersk has become the second Triple-E class vessel to call an Egyptian port and the first with a commercial stop at the Suez Canal Container Terminal (SCCT) at Port Said East. APM Terminals, the majority shareholder of SCCT, partnered with the Egyptian government and local authorities to complete a dredging project to increase the operational potential of terminal, which is expanding its annual container throughput capacity to 5.4 million TEUs. In February, Mette’s sister ship Maren Maersk became the largest vessel ever to call a terminal in Egypt, when it arrived for a trial visit to the recently deepened APM Terminals global terminal network facility at the mouth of the Suez Canal on the Mediterranean Sea. More at https://www.porttechnology.org/news/first_triple_e_vessel_visit_for_suez_canal_terminalNews schreiben