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Chinese shipping giant Cosco suspends all shipping to Israel amid Houthi attacks
Cosco is the fourth largest shipping company in the world
Damietta Port lines up USD 455 mn for second cargo terminal
The terminal will have a final capacity of 3.5 mn TEUs and begin operation by 2024.
World’s largest shipping firms pause Red Sea transit
The move will likely push the price of freight globally, pushing global inflation with it
EBRD has funding for Damietta Port — and is pushing forward liberalization of our electricity grid
EBRD is also working with Egyptera on a a wheeling framework for the national electricity grid