Three maritime terminals seeking operators: Alexandria Port Authority is gearing up to hand over three maritime terminals to local and foreign operators before the end of the year, Chairman Ahmed Hawash told Al Mal.

(Tap or click the headline above to read this story with all of the links to our background as well as external sources.)

#1- Alexandria Port’s passenger terminal: Five companies are hoping to secure the contract to manage and operate the Alexandria Port’s passenger terminal. A committee is currently evaluating the bids ahead of picking the winner, Hawash said.

Details: The terminal has the capacity to accommodate four large cruise ships and 5k tourists. It includes a duty-free area and a commercial center.

#2- Dekheila dry bulk terminal: Several local consortiums are competing to manage and operate the dry bulk terminal at Dekheila Port, according to Hawash. The 300k square meter dry bulk terminal was reportedly to be awarded to a consortium of three local firms, which were said to invest some USD 50 mn in the first phase of the project.

#3- Container terminal handover imminent: A consortium of Hutchison Ports, Cosco, CMA CGM, and Italy’s Mediterranean Shipping Company (MSC) is set to take over a container terminal at Dekheila Port. The group will manage, operate, and maintain the terminal for a 30-year period.

We heard this before: The government in March 2023 signed two agreements totalling USD 1.6 bn — one with the Hutchison Ports-led consortium, excluding MSC, to construct a new terminal at Sokhna port, and the other, which included MSC, to develop a terminal in the Dekheila port.