News Industry

Egypt Launches Trial Phase for Damietta’s Second Container Terminal

Egypt Launches Trial Phase for Damietta’s Second Container Terminal
Tuesday, 17 February 2026 06:24
  • Egypt launched trial operations at Damietta Port’s second container terminal with the arrival of Hapag-Lloyd’s “ESSEN EXPRESS.”

  • The terminal offers 3.5 million TEUs in capacity and aims to triple the port’s overall capacity.

  • IFC, EBRD and AIIB financed the project, while Damietta Alliance Container Terminals operates the facility.

Egypt launched the trial phase for the new container terminal at the Port of Damietta this weekend. Officials aim to strengthen the country’s position as a regional hub for trade and maritime logistics through this second terminal.

Operators initiated the test phase by receiving the container vessel “ESSEN EXPRESS,” owned by Hapag-Lloyd. The vessel measures 366.5 meters in length and carries a capacity of 143,262 tonnes. This milestone follows the delivery in October 2025 of 10 rubber-tyred gantry cranes (RTGs), which supplemented a previous batch of 30 RTGs already received.

International financial institutions, including the International Finance Corporation, the European Bank for Reconstruction and Development and the Asian Infrastructure Investment Bank, financed the project. Damietta Alliance Container Terminals, a consortium comprising Eurogate, Contship Italia, MELC Group, Ship & C.R.E.W and Hapag-Lloyd, operates the facility.

The terminal features a quay length of 1,970 meters and a water depth of 18 meters. The platform provides a handling capacity of 3.5 million twenty-foot equivalent units (TEUs).

Authorities state that the terminal aims to triple the port’s capacity and reduce logistics costs and transit times. The project forms part of Egypt’s broader port sector master plan, which rests on three pillars.

The first pillar focuses on developing seaports through breakwater construction and the building of quays with depths of up to 25 meters. Authorities plan to extend the country’s total quay length to more than 100 kilometers, expand operational areas and strengthen the maritime tugboat fleet.

The second pillar aims to expand the national maritime fleet to 40 vessels by 2030. The third pillar relies on strategic partnerships with major international companies to better integrate Egyptian ports into global trade networks and supply chains.

Damietta ranks among Egypt’s leading ports. The platform placed 11th in Africa in 2024 on the Container Port Performance Index (CPPI) published by the World Bank and S&P Global Market Intelligence.

This article was initially published in French by Henoc Dossa

Adapted in English by Ange J.A de Berry Quenum

 
On the same topic
Banque Misr adds $1.34 million financing to Cairo 3A energy project Hybrid solar, battery, diesel system powers poultry production...
TotalEnergies seeks logistics suppliers for Mozambique LNG project Tenders cover helicopter transport and port services operations Move signals...
Nigeria urges Gulf producers to invest in its oil sector Minister says Nigeria can help diversify global hydrocarbon supply Call comes amid Middle...
Sovereign Metals signed a new rutile sales memorandum with Mitsui & Co. for its Kasiya project in Malawi. Mitsui could purchase up to 70,000 tonnes of...
Most Read
01

The BCEAO cut its main policy rate by 25 basis points to 3.00%, effective March 16. Inflation...

BCEAO Cuts Key Rate to 3.00% as WAEMU Faces Deflation
02

Ethio Telecom has signed a new agreement with Ericsson to expand and modernize its telecom netwo...

Ethiopia’s State-Owned Telco Teams Up With Ericsson to Expand and Upgrade Its Network
03

EIB commits over €1 billion for renewable energy in sub-Saharan Africa Funding supports Miss...

EIB Commits €1 Billion to Renewable Energy Under Africa’s “Mission 300” Initiative
04

MTN Zambia tests Starlink satellite service connecting phones directly from space Direct-to...

Satellite direct-to-device telecoms: promise, momentum and hard limits
05

Nigeria introduced a 1% flat tax on the turnover of informal-sector businesses under a new presump...

Nigeria Rolls Out 1% Tax on Informal Businesses Under New Fiscal Framework
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.