Company type | Private |
---|---|
Industry | Transport, Terminals |
Founded | 2000 |
Headquarters | Port Fuad, Egypt |
Key people | Lars Vang Christensen (CEO) Mahmoud Ayoub (COO) |
Website | http://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) (Arabic: شركة قناة السويس للحاويات) is a container terminal located at Port Said East and functions as a transshipment centre for the Eastern 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.
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. In 2002, Egypt ratified an additional concession agreement, following earlier approval of terminal design in 2001.
Construction on the SCCT first started in 2003, and a target date of October 1 of the following year was established. The Suez Canal Container Terminal became operational in October 2004.
In 2007, the Egyptian government signed a concession agreement for the progression of "Phase II" of the SCCT facility.
See also
References
- El-Bastawisy, Magdy M. (1 January 2016). "Incorporating Local Urban Environmental Conservation and Regional Development: Port Fouad, Egypt". Procedia Environmental Sciences. 34. Elsevier: 271–284. doi:10.1016/j.proenv.2016.04.025.
- ^ "SCCT - SUEZ CANAL CONTAINER TERMINAL". Retrieved September 30, 2011.
- "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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