• 2017 November 20 17:06

    Sokhna World Zone project presented to investors in Dubai

    Sultan Ahmed Bin Sulayem, Group Chairman and CEO, DP World and Admiral Mohab Mamish, Chairman of the Suez Canal Authority and  Chairman of the  Suez Canal Economic Zone (SCZone) , today  presented details of the recent  agreement to  develop an integrated industrial and residential zone at Sokhna in Egypt to investors and  businesses in Dubai, the company said in its press release. 

    The opportunities to invest and launch op erations in the project were outlined to company  representatives, many of whom already have existing outlets in Dubai’s Jebel Ali Freezone  (Jafza). Sokhna World Zone will  create a sustainable industrial  area  to attract foreign investment and  will feature  a range of investment incentives and encourage innovation using best international  practice in the management of Special Economic Zones (SEZs), free zones, ports, and logistic  hubs based on DP World’s global experience. 

    The project will also  promote the  development of Small and Medium - sized Enterprises (SMEs),  create job opportunities and provide training for young Egyptians adding value to the economy and is due to start  in the first quarter of 2018. A  joint venture  will be created  between SCZone  (51%) a nd DP World (49%) with DP World managing the zone.

    The Sokhna World Zone will cover 95 square kilometres with an estimated 400,000 jobs  and  include industrial and residential areas coupled with the development of  DP World’s operations  at  Sokhna Port, increasing its  capacity and linking it to the industrial zone. Business sectors include light and medium - sized industries, logistics, and service utilities.  Targeted industries include medical, electronics and communications, construction materials,  logistics, textiles, automotive parts, food processing, energy production components and petrochemicals. A residential zone spanning 20 square kilometres will include coastal villas, residential units, shopping and administrative centres, entertainment facilities, mosques, schools, hospitals, clubs  and green spaces .  The residential area will be able to accommodate 500,000 people.




2018 July 15

11:24 MAN Energy Solutions ready for SMM 2018
10:43 CMA CGM informs of FAK rates from the Indian Subcontinent to North Europe and the Mediterranean

2018 July 14

12:40 CMA CGM announces GRR for Far East to East Africa trade
11:41 ABP: Container terminal operation expansion to meet growing demand
10:14 Navtek selects Corvus Energy to provide battery for the world's first all-electric tug

2018 July 13

18:50 YILPORT Holding submits offer for Taranto Container Terminal concession
18:12 Metal Shark and ASV Global introduce “Sharktech” Autonomous Vessels
17:48 ABP: £2.7 million lock gate project secures future of Newport docks
17:16 Golar LNG Partners completed acquisition of equity interest in Golar Hilli, owner of FLNG Hilli Episeyo
16:48 Total closes acquisition of Engie’s upstream LNG business and becomes world No2 LNG player
16:36 Norwegian Cruise Line confirms options for two more Leonardo-class cruise ships
16:25 Russian Minister of Natural Resources and Environment Dmitry Kobylkin visited SCF headquarters
15:59 Upgraded vessels of Project 14200 started navigation on passenger routes in Ob-Irtysh basin
15:33 Draft law on closed zones for dry bulk cargo transshipment submitted to State Duma (document)
15:12 Wärtsilä signs a EUR 170 million scrubber deal
14:37 Draft law on development of cruise tourism in Russia’s Arctic and Far East submitted to State Duma
14:24 Weatherdock AG offers fishing sector a solution to support the fight against IUU
13:49 Damen supporting European shipbuilding with NAVAIS coordination
13:11 USCG postpones underwater assessment of WWII tanker Coimbra
12:40 A £2.7 million lock gate project secures future of Newport Docks
12:11 Hapag-Lloyd to apply season surcharge for NEC to WCSA trade
11:49 London will host 9th Maritime Salvage & Casualty Response Conference on 12-13 September 2018
11:27 Hapag-Lloyd's PSS for North Europe - Caribbean, Central America trade
11:03 Throughput of port Kaliningrad in 6M’18 up 9% Y-o-Y to 7.20 million tonnes
10:38 Brent Crude futures price down 0.24% to $74.27, Light Sweet Crude – up 0.07% to $70.38
10:24 Hapag-Lloyd to apply Peak Season Surcharge for North Europe - ECSA trade
10:00 Bunker prices are going down at the Port of Saint-Petersburg, Russia (graph)
09:36 Throughput of port Tallinn (Estonia) up 1.4% to 10.09 million tonnes in HI’18
09:17 Baltic Dry Index up to 1,632 points

2018 July 12

18:21 Port of Los Angeles partners with Port of Antwerp to host simultaneous int'l "Hackathon"
18:09 DP World reiterates Validity of Doraleh Container Terminal Concession and Exclusivity Rights
18:03 High volatility in global bunker market, expert says
17:59 Throughput of port Vyborg in 6M’18 up 28% Y-o-Y to 781,200 tonnes
17:36 Maersk Supply Service completes tow of semi-submersible
17:19 Hapag-Lloyd announces port call change of Mediterranean Canada Service (MCA)
17:10 Throughput of port Primorsk in 6M’18 down 15% Y-o-Y to 26.76 million tonnes
16:45 Zelenodolsk Plant Named After M. Gorky lays down yet another small-size missile ship of Project 21631 for RF Navy
16:23 Chevron Marine Lubricants receives NOLs from MAN for use of ACOM with Taro cylinder lubricants
16:17 Teekay Offshore Partners announces expiration, final results of tender offer for its senior notes due 2019
16:13 Port of Los Angeles signs friendship agreement with three Italian ports
15:50 Throughput of port Vysotsk in 6M’18 declined by 1% Y-o-Y to 9 million tonnes
15:24 Damen begins work on Marine Aggregate Dredger dredging system
15:00 Throughput of port Shanghai (China) down 0.6% to 277.7 million tonnes in HI’18
14:42 GTT secures a tank design order from SHI for a new LNGC
14:21 Throughput of port Ust-Luga in 6M’18 declined by 4% Y-o-Y to 49.10 million tonnes
13:58 Throughput of Big Port St. Petersburg up 14% to 29.73 million tonnes in 6M’18
13:33 Sergey Grechishnikov, Production Director of ZNT Yard will be appointed as Managing Director of the company
13:15 Damen delivers two of four ASD 3212 tugs to Smit Lamnalco
12:52 Krasnoye Sormovo shipyard launches Pola Sofia,third dry cargo carrier of Project RSD59 built for Pola Rise
12:31 BMT secures new CTV order from Njord Offshore
12:10 International organizations focus on protecting fishers’ lives through ratification of IMO’s Cape Town Agreement
11:29 Vigor delivers third Hydrus class 400 passenger ferry to WETA
11:02 Fuel oil prices are flat at the Far East ports of Russia (graph)
10:28 Brent Crude futures price up 1.8% to $78.22, Light Sweet Crude – up 0.68% to $70.86
10:06 BOURBON signs general waiver with lenders
09:50 Bunker sales at the port of Singapore in 5M’18 up 1.6% Y-o-Y to 21.43 million tonnes
09:36 Throughput of port Helsinki (Finland) in 6M'18 up 10.3% Y-o-Y to 7.67 million tonnes (table)
09:18 Baltic Dry Index up to 1,586 points

2018 July 11

18:27 Port of Long Beach receives zero-emissions equipment grant
17:41 Hapag-Lloyd revises Riyadh - Customs Inspection Surcharge