On May 10 an agreement has been signed between the Damietta Port Authority (DPA) and Damietta Alliance Container Terminal which consists of three core shareholders; Germany’s Eurogate, Contship Italia and Hapag-Lloyd to build and develop the superstructure of the Second Container Terminal “Tahya Misr 1” in Damietta port.
The agreement, signed in the presence of Prime Minister Mostafa Madbouli and Egypt Minister of Transport Lieutenant-General Kamel el Wazir, also includes using, managing and operating the Second Container Terminal “Tahya Misr 1” in addition to conducting maintenance works there.
The new Terminal 2 at the port of Damietta is expected to start operations by 2024. It will have a final total operational capacity of 3.3 mio TEU and serve as Hapag-Lloyd´s dedicated strategic transshipment hub in the East Mediterranean.
During his statement, the Minister of Transport indicated that the length of this station is about 2 km long, with depths of up to 18 meters, explaining that these depths are considered the largest that have been implemented in all ports in Egypt to make Egypt a corridor center / logistics hub for global trade and logistics.
- Egypt Ministry of Transport
- Damietta Port Authority