Suez Canal Container Terminal

Coordinates: 31°12′41.18″N 32°21′25.60″E / 31.2114389°N 32.3571111°E / 31.2114389; 32.3571111
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Suez Canal Container Terminal SCCT
Websitehttp://www.scct.com.eg/ 31°12′41.18″N 32°21′25.60″E / 31.2114389°N 32.3571111°E / 31.2114389; 32.3571111

Suez Canal Container Terminal (SCCT) (

Mediterranean at the northern entrance to the Suez Canal. The terminal has been operational since October 2004. Suez Canal Container Terminal (SCCT) is a private joint venture company that obtained the concession to build, operate, and manage this new terminal. The majority (55%) shareholding of SCCT is held by APM Terminals. 20% of the shares are held by COSCO, 10% are held by Suez Canal & Affiliates, 5% by the National Bank of Egypt (NBE), and the remaining 10% are held by the Egyptian private sector.[2]

History

The

Egyptian government signed a concession agreement for a term of 30 years in relation to the need for a container terminal in Port Said.[citation needed] In 2002,[citation needed] Egypt ratified an additional concession agreement, following earlier approval of terminal design in 2001.[citation needed
]

Construction on the SCCT first started in 2003,[citation needed] and a target date of October 1 of the following year was established. The Suez Canal Container Terminal became operational in October 2004.[2]

In 2007, the

Egyptian government signed a concession agreement[3] for the progression of "Phase II" of the SCCT facility.[2]

See also

References

  1. doi:10.1016/j.proenv.2016.04.025
    .
  2. ^ a b c "SCCT - SUEZ CANAL CONTAINER TERMINAL". Retrieved September 30, 2011.
  3. ^ "E-Logi.net Suez Canal Container Terminal (SCCT) signs concession agreement for Phase II of the East Port Said terminal development". September 9, 2007. Retrieved September 30, 2011.

External links

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