APM Terminals obtains $175m from IFC for Port Said terminal extension
This project, estimated at $489 million, is being carried out with the Chinese company Cosco and other partners.
29/09/2023 at 17h16, by Africa Business+
Recommended articles
Maritime transport
08/09/2023 at 19h35, by Africa Business+
Angola : APM Terminals (Maersk) discreetly and inexplicably withdraws from Luanda and Namibe ports
Maersk withdrew from its two Angolan ports at the end of 2022, and the buyer’s identity remains unknown....
Maritime transport
18/08/2023 at 16h18, by Africa Business+
Egypt: EBRD joins IFC and Proparco to finance the second terminal at the port of Damietta
Of the $665 million sought to support the expansion of this leading Egyptian port, the promoters could...
Maritime transport
04/02/2021 at 19h07, by Africa Business+
With no prospect in Port Said CMA CGM succeeds in Alexandria
CMA CGM is finalizing a partnership with the Egyptian authorities to operate Pier 55, the multipurpose...
Logistics
16/04/2020 at 16h23, by Africa Business+
APM Terminals invests in Port Said to counter Cosco
Given the expansion of Greece’s Piraeus Port, owned by the Chinese group – also a shareholder in Egypt’s...