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Northern Africa

Egypt Signs Deals To Expand Suez Canal Container Terminals

Maersk and Hutchison negotiated US$500 million and US$700 million investments for the projects.


By Chriselle Moraes
Danish shipping company Maersk will invest about US$500 million in the Suez Canal Container Terminal in East Port Said. The Suez Canal Authority (SCA) confirmed this on 11 August 2022. The SCA is a public and government authority in charge of the management, operation, maintenance, and improvement of the Suez Canal.  Maersk

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