Freight News, Sea

Hapag Lloyd signs Egypt terminal deal

[ May 13, 2022   //   ]

Hapag-Lloyd, Eurogate and Contship have set up a joint venture to develop and operate a new terminal 2 in the port of Damietta in Egypt. It is expected to start operations by 2024 and will have an ultimate capacity of 3.3m TEU. It will serve as Hapag-Lloyd´s dedicated transhipment hub in the East Mediterranean.