This project signifies a pivotal
milestone in Egypt's maritime development, underpinned by a 30-year concession
agreement with the Egyptian government.
The terminal
operates as a critical gateway connecting Asia, Africa, and Europe within the
Suez Canal Economic Zone, with the capacity to accommodate the largest
container vessels. Its design aims to enhance international shipping operations
and improve transport efficiency for Egyptian importers and exporters.
Clemence Cheng, Managing Director,
Europe, Hutchison Ports, said “The inauguration of Red Sea Container Terminals
represents a historic milestone that reflects our profound commitment to Egypt.
We recognise Egypt as a pivotal market at the intersection of key global trade
routes.”
Christine Cabau,
Executive Vice President Assets, CMA CGM, stated “As a successful joint-venture
between Hutchison Ports, CMA CGM and Cosco Shipping, this new terminal in
Sokhna combines world-class automated infrastructure with unrivalled North /
South rail connectivity. Built for scale and speed, it offers Egyptian
exporters and importers a powerful gateway to all global markets, boosting
productivity and competitiveness.”
Zhu Tao, Chairman, Cosco Shipping Ports, expressed “At Cosco Shipping Ports, we are dedicated to making our global port network better, stronger and more efficient. The grand opening of the Red Sea Container Terminals is marked as an essential pathway for trade, enabling seamless goods movement and strengthening ties between Egypt, China, and the broader global market