Port of Damietta, CHEC Ink Damietta Container Terminal MoU

A Memorandum of Understanding (MoU) between Port of Damietta Authority and China Harbor Engineering Company Ltd. (CHEC) for the setup of Damietta Port’s 2nd Container Terminal was signed on October 9, 2016.

The new terminal will result in 2.225 meters of new berths, with 17 meters depth and 700.000m² of stacking space.

Project implementation period is 24 months, according to Damietta Port Authority.

The Chinese Bank will cover 85 percent of the project’s cost and Port of Damietta Authority will have the complete ownership of the terminal.

Feasibility studies conducted in this regard confirm market and economic effectiveness of the new terminal which will greatly enhance already operating national container terminal performance in accommodating latest container ships and hence improve the ranking of Damietta among East Mediterranean Container hub ports.

 

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3rd International Congress Hydraulic Engineering Structures and Dredging

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow. 

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

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