Hamburg Targets Egyptian Port Cooperation
Egyptian ports could be in line to receive a boost after Jens Meier, Chairman of Hamburg Port Authority, expressed an interest in cooperation with the country’s ports, according to Daily News Egypt.
The move from Hamburg would involve managing and improving service levels at Egyptian ports and making the ports globally competitive.
In other Egyptian maritime news Abdel-Aal Ali, Head of Swiss-based supply chain company Panalpina, has spoken out over the Egyptian government’s lack of clarity with regards to its interest in logistical zones and the laws and regulations that the country must comply with in order to effectively implement them.
Ali said that the projects are important when put in line with recovering oil prices, with projects anticipated to relate to the development of shipping traffic at East Port Said.
Meanwhile the Suez Canal Authority has recently inaugurated a new lane via East Port Said in order to allow both ships to sail in both directions and to lower waiting times, sparking a new era of trade for Egypt and its ports.