Latest news from Heavy Lift & Project Forwarding International Magazine

Consortium to develop ro-ro terminal in Port Saïd 

Bolloré Transport & Logistics, Toyota Tsusho Corporation (TTC) and Nippon Yusen Kaisha (NYK) plan to invest USD150 million to develop and operate a ro-ro terminal in Port Saïd, Egypt. 

During December, Bolloré, TTC and NYK signed a concession agreement with the Suez Canal Economic Zone for the future ro-ro terminal. 

The consortium will use the investment to acquire equipment and develop infrastructure at the site, with the goal of creating a terminal capable of handling 800,000 vehicles per year.

“This terminal will provide the automotive industry with quality services for the import, export and transfer of vehicles to neighbouring countries,” said Yehia Zaki, president of the Suez Canal Economic Zone. He added that the government plans to develop Port Saïd into a major transhipment hub in the Eastern Mediterranean.

Heavy Lift | News

AF Marine launched thumbnail image

AF Marine launched

February 26 - Spanish deepsea towage operators Augustea Group and Italian transport engineering specialist Fagioli have established a 50-50 joint venture, AF Marine.
Views: 268
Blue Water Shipping opens in Trinidad thumbnail image

Blue Water Shipping opens in Trinidad

February 26 - Blue Water Shipping will open an office in Trinidad & Tobago to service the growing oil and gas sector in the Caribbean and the north-eastern region of South America.
Views: 299
LOC lands LNG Canada deal thumbnail image

LOC lands LNG Canada deal

February 26 - LOC Group has signed a multi-year contract with LNG Canada to provide marine warranty surveyor (MWS) services and vessel quality assurance at the project in Kitimat.
Views: 319

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.