Breakbulk carrier Bahri Logistics will begin using the Alexandria Port as its third direct call port, according to an emailed statement (pdf). The carrier currently uses the Suez and Port Said ports, but the addition will allow it “to offer breakbulk and ro-ro transportation services on its North American itinerary from key US ports to Alexandria and from Alexandria to the Middle East and India,” the statement reads.
More from Enterprise
How correspondent banking works, and what the FinCEN clampdown on Banque Misr UAE means for business
As FinCEN proposes cutting Banque Misr’s UAE branches from USD…
Inside the financing of Egypt’s IPP boom
The contracts and the resources are proven, so the open…
Why EGX stocks are going under the IPO wave
Fund managers are releasing liquidity for ongoing and future IPOs,…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…