ACA begins meeting with stakeholders in maritime activity over withdrawal of alliance from East Port Said port

The Administrative Control Authority (ACA) is looking into what can be done to lure back five major shipping lines that have pulled out of East Port Said Port. The nation’s top anti-corruption watchdog, which has lately served as the state’s top troubleshooter on important economic and business issues, is meeting with industry players to solicit input on possible amendments to a 2016 law that doubled port fees, a move that prompted five major shipping lines to pull out of the East Port Said Port and transfer their activities to a Greek port, Al Mal reports. The Transportation Ministry hiked port fees last year, maintaining the move would have no impact on business. The House Transportation Committee scheduled a hearing for today with Transportation Minister Hisham Arafat to discuss the shipping line pullout.