News Infrastructures

Egypt’s Damietta Port Adds 10 New Cranes, Gears Up for Major Expansion

Egypt’s Damietta Port Adds 10 New Cranes, Gears Up for Major Expansion
Friday, 10 October 2025 11:10
  • Damietta Port receives 10 new cranes, total now 40.
  • Terminal to open in 2025, backed by global investors.
  • Project aims to triple capacity, cut costs, boost trade.

The new container terminal at Egypt’s Damietta Port has received 10 Rubber-Tired Gantry (RTG) cranes, bringing the total to 40. The delivery, announced on Tuesday, Oct. 7,  marks an important step toward the start of commercial operations, scheduled for late 2025.

Partly financed by the International Finance Corporation (IFC), the European Bank for Reconstruction and Development (EBRD), and the Asian Infrastructure Investment Bank (AIIB), the port’s second container terminal will be operated by Damietta Alliance Container Terminals, a consortium comprising Eurogate, Contship Italia, MELC Group, Ship & C.R.E.W, and Hapag-Lloyd.

The new terminal covers 93 hectares, with an 18-meter draft and an initial handling capacity of 3.3 million TEUs (twenty-foot equivalent units).

According to Egyptian authorities, the project aims to triple the port’s total capacity while reducing logistics costs and delays. It is a key part of Egypt’s national port development master plan, designed to reinforce the country’s role as a major hub for shipping routes linking the Middle East, Africa, and the Mediterranean. The expansion will also help Egypt take fuller advantage of the heavy vessel traffic transiting the Suez Canal.

Damietta is already one of Egypt’s most important ports and was ranked the 11th most efficient container port in Africa, according to the Container Port Performance Index (CPPI) published by the World Bank and S&P Global Market Intelligence.

Henoc Dossa

On the same topic
Teraco expands its CT2 data centre in Cape Town, boosting power capacity to 50MW to support Africa’s fast-growing digital economy. The facility uses...
EKA Mobility eyes an assembly unit for electric buses and tricycles. The project involves Mitsui Corporation and Ghana’s Rana Motors. It aims to serve...
Guinea delays inauguration of new Conakry airport facilities, part of Phase 1 expansion Phase 2 launch to proceed; project aims to ease congestion...
Libya, Italy sign deal to build 160 km of coastal highway to Tunisia Project revives work halted since 2011, part of 1,750 km corridor Road to link...
Most Read
01

The Bank expects a 41% rise in 2025 and a further 6% increase in 2026. Gold topped $4,00...

World Bank sees precious metal prices staying high until 2027
02

Social media users accuse the UAE of backing Sudan’s RSF militia. Activists and celebrities c...

UAE faces backlash over alleged role in Sudan’s gold and arms trade
03

Africa is projected to supply up to 9% of the global rare earths market thanks to announced mines, p...

U.S. Stays Course on African Rare Earths, Despite China Deal
04

Ghana holds talks to address energy debt and tighten sector oversight New inspector, stricter...

Ghana Moves to Rein In $8.4 Billion Energy Debt with Stronger Regulation
05

COBAC raises bank capital requirement to 25 billion CFA francs from 10 billion Compliance dea...

CEMAC Regulator Quadruples Bank Capital Requirement, Matching Regional Trend
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.